Tag: blockchain adoption

A strategic partnership between Einstein Capital Partners Ltd., Canada’s most prominent digital currency exchange, and Ubiq Technologies was recently announced on January 23, 2018. Ubiq will be providing new blockchain solutions for the exchange to better record their shareholders and holders of stock options privately. Mastering Identities via Transparent Technologies The idea is the forerunner to being able to record…

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On January 25, 2018, Canada announced the start of a pilot digital identity program called the Known Traveler Digital Identity system (KTDI). This system relies on biometric and other personal data as well as blockchain technology to create an ID that travelers can share with authorities. The project arose out of two years of collaboration between international partners as part…

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Currently embroiled in a massive investigation of graft and down-line corruption, arrests in Brazil have sparked alarm and put blockchain on the agenda as a means of combating future illegal activity. Property Rights and the Imperative for Farming Reporting from Rio de Janeiro, Reuters has detailed how local blockchain supporters are testing the watertight methodology in hopes of stemming future…

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The global secure financial messaging service SWIFT recently inked a Memorandum of Understanding (MoU) with a consortium of central securities depositories (CSDs) to explore how the digital ledger technology can enhance the post-trade processes such as corporate actions processing, voting, proxy voting, and trade processing. DLT and Post Trade The consortium consists of U.S.-based Nasdaq Market Technology, Russia-based National Settlement…

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Sberbank, a state-owned Russian bank, has opened up about an initiative for starting a blockchain laboratory. The lab aims to provide a platform to pilot test blockchain endorsed business solutions for the Russian financial group. Blockchain technology to transform banking industry The biggest lender in Russia is already developing 20 blockchain based pilot projects, including a joint venture with Severstal…

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Chinese internet behemoth Baidu has recently launched its blockchain-as-a-service (BaaS) product, calling it the “most easy to understand” blockchain service in the business. History of Innovation: China and Blockchain As per Baidu, this platform was based on the organization’s internal developments, and it can make and follow exchanges identified with cryptocurrency standards, digital bills, bank credit administration, insurance administration, and…

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The UK has long been viewed as accommodating toward cryptocurrency and blockchain technology, with a number of blockchain startups based therein as well as the creation of conducive regulatory conditions, such as the FCA’s FinTech sandbox. However, the country is also looking to distributed ledger technology to better its public services, with the most recent effort concentrated towards the justice…

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Today, the mobile game industry is being overruled by enterprises like Google Play Store or Apple App Store. But now there is someone who wants to challenge this monopoly. Otto Von Nostitz is the president and co-founder of Xhai Studios, and he is convinced he can break up with the enterprise’s domain and completely disrupt the way we consume and…

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UK-based fintech startup Cobalt has added electronic trading houses Citadel Securities and XTX Markets to its impressive list of participants who have committed to become users of its new blockchain-based institutional forex settlements platform. Cobalt has developed a post-trade processing system for the currency market that utilizes distributed ledger technology to increase the processing time for trades as well as…

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Maryland-based defense contractor Lockheed Martin has entered into an agreement with cyber security company Guardtime Federal in order to incorporate various digital security elements including Guardtime’s blockchain-based infrastructure to improve its systems engineering processes, supply chain management, and software development efforts. The contracted collaboration between Lockheed Martin and Guardtime Federal comes as a result of around two years of research…

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