Articles with tag: blockchain

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CryptoBLK, CargoX accelerate digitalisation in global trade and supply chains

19 Oct 2020 | E-invoicing, SCF & E-procurement

Hong Kong-based CryptoBLK and Slovenia-based CargoX have partnered to streamline processes and accelerate digitalisation in global trade and supply chains.

CryptoBLK, CargoX, partnership, integration, blockchain, supply chain finance, Atlas Elite, DLT, Corda, Ethereum, Hong Kong, Slovenia

China's petrochemical industry rolls out blockchain warehouse receipt financing trade

16 Oct 2020 | E-invoicing, SCF & E-procurement

China's petrochemical industry has seen its first digital warehouse receipt pledge financing transaction that integrates blockchain and Internet of Things (IoT) technology successfully implemented in China.

supply chain finance, digitalisation, blockchain, IoT, financing settlements, warehouse receipts, order financing, data sharing, PBoC, Sinochem Energy High-Tech

Prime Trust integrates Bittrex into its system

14 Oct 2020 | Cryptocurrencies

US-based Open Banking solutions provider Prime Trust has integrated Bittrex, a blockchain technology and cryptocurrency exchange, into its system.

Prime Trust, Bittrex, open banking, blockchain, cryptocurrency, fiat, API

Italian banks together with SIA, R3, NTT Data join Spunta blockchain infrastructure for payments

14 Oct 2020 | Payments General

Spunta Banca DLT, an Italian initiative providing a blockchain infrastructure that supports the ABI Spunta application, has announced that it is fully operational.

Spunta, banking, Italy, punta Banca DLT, settlement, blockchain infrastructure, SIA, R3, NTT Data, payments reconciliation

Cypherium launches decentralised exchange CypherSwap

13 Oct 2020 | Cryptocurrencies

US-based Cypherium, an enterprise-focused blockchain platform has announced the launch of CypherSwap, a decentralised exchange (DEX) offering cross-chain compatibility.

Cypherium, CypherSwap, decentralized exchange, DEX, DeFi-centric, tokens, blockchain, AMM, United States, US, blockchain platform, Ethereum, XRP, cryptocurrency, Bitcoin

Crypto to pose challenges to law enforcement activities, according to DOJ

12 Oct 2020 | Cryptocurrencies

Cryptocurrencies pose an emerging challenge to law enforcement activities; the US Attorney General William Barr’s Department of Justice (DOJ) has mentioned in DOJ’s ‘Crypto Enforcement Framework’.

Financial Action Task Force, cryptocurrency, money laundering, digital assets, DOJ, US, virtual assets, blockchains

Prime Trust features Stellar as supported cryptocurrencies

09 Oct 2020 | Cryptocurrencies

API-enabled B2B open banking financial solutions provider Prime Trust has added Stellar Lumens (XLM) to its list of supported cryptocurrencies.

Prime Trust, Stellar, cryptocurrency, Stellar Lumens, XLM, API, B2B, open banking, financial institution, financial infrastructure, fintech, blockchain, crowdfunding, financial services

Blocklete Games to receive cryptocurrency payments via BitPay

07 Oct 2020 | Cryptocurrencies

Crypto payment services provider BitPay has announced that Turner Sports' blockchain-based videogaming experience Blocklete Games is accepting cryptocurrency as a form of payment. 

Blocklete Games, Bitpay, crypto payments, cryptocurrency, blockchain, blockchain gaming, payments, digital payments, digital golf game, Blocklete Golf, digital golfer, digital athletes, Bitcoin, Bitcoin Cash, XRP, ETH, stablecoins, USDC, GUSD, PAX, BUSD, fraud, chargeback

DBS, Standard Chartered join group of banks to develop trade finance registry pilot

06 Oct 2020 | E-invoicing, SCF & E-procurement

DBS and Standard Chartered have jointly led a workgroup of 12 other banks to create and conduct a digital Trade Finance Registry (TFR) POC.

DBS, Standard Chartered, banks, trade finance registry, pilot, blockchain, distributed ledger technology, ABN AMRO, ANZ, CIMB, Deutsche Bank, ICICI, Lloyds, Maybank, Natixis, OCBC, Rabobank, SMBC, UOB

RiskCapCom, Apollo Fintech to offer regtech and fintech solutions

05 Oct 2020 | Digital Identity, Security & Online Fraud

Australia-based regtech RiskCapCom and Apollo Fintech have partnered in a bid to develop relationships and obtain contracts in the Middle East, Asia, Africa, and other global regions.

 

RiskCapCom, Apollo Fintech, partnership, Australia, regtech, fintech, cryptocurrency, blockchain, CBDC, compliance management

Bank of Thailand, IBM to launch blockchain-based government savings bond

05 Oct 2020 | Cryptocurrencies

US-based IBM has teamed up with Bank of Thailand (BOT) to launch a blockchain-based platform for government savings bonds, using IBM blockchain technology.

Bank of Thailand, IBM, blockchain, savings bonds, USA, Thailand

NEC to acquire Avaloq for USD 2.2 bln

05 Oct 2020 | Cryptocurrencies

Japan-based IT company NEC has announced the acquisition of Avaloq, a Switzerland-based large software provider to banks, for USD 2.2 billion, according to Financial Times.

 

NEC, Avaloq, Japan, Switzerland, software provider, acquisition, blockchain, facial recognition, security, privacy

Contour enters live production delivering trade finance blockchain network

05 Oct 2020 | E-invoicing, SCF & E-procurement

Singapore-based Contour has entered live production, uniting buyers, suppliers and banks on a decentralised, digital trade finance platform that is open to all geographies and industries, according to IBS Intelligence.

Contour, trade finance, blockchain, banks, corporates, suppliers, financing

Chainstack, Digital Asset partner for deploying blockchain tech

02 Oct 2020 | Cryptocurrencies

Chainstack and Digital Asset have partnered to simplify blockchain deployments for SMBs, corporations, and software developers, according to FinTech Magazine.

Chainstack, Digital Asset, blockchain, SMBs, corporations, software developers, Fintech magazine, DAML, smart contract language, multi-protocol ecosystem, cryptocurrencies, data silos, trust boundaries, application logic, cloud, database technologies, platform

ECB aims to trademark the term 'Digital Euro' amid feasibility study

02 Oct 2020 | Cryptocurrencies

As European Central Bank officials prepare to release an assessment of the benefits and drawbacks of creating a digital version of the euro, the ECB has applied to trademark the term ‘Digital Euro’.

European Central Bank, ECB, digital euro, blockchain, crypto, digitalisation

Banks, governments, and crypto industry divided on cryptocurrency risk, survey reveals

02 Oct 2020 | Cryptocurrencies

Professionals in the crypto industry believe that governments are behind the curve on the perceived risks, opportunities, and regulation of cryptocurrency, according to a new survey by RUSI and ACAMS.

RUSI, ACAMS, study, YouGov, FATF, cryptocurrency, crypto risk, money laundering, trafficking, banks, transactions, blockchain

Afex to introduce blockchain-based app for warehouse receipt checks

02 Oct 2020 | Digital Identity, Security & Online Fraud

Nigeria-based FX payments platform Afex has announced its intention of introducing blockchain-based application for warehouse receipt checks to reduce fraud in Africa.

Afex, blockchain, fraud, e-invoicing, e-WRS, Trade Finance Market, Nigeria, Africa

The Bayesian Group acquires Money Button to offer digital wallet solution

01 Oct 2020 | Cryptocurrencies

UK-based fintech Bayesian Group has announced the acquisition of crypto non-custodial wallet Money Button.

Bayesian Group, Money Button, digital wallet, blockchain, smart contracts, mergers and acquisitions, acquisition, UK, Europe, EMEA

South Korean NH Bank launches blockchain-powered e-wallet

29 Sep 2020 | Online & Mobile Banking

South Korea-based financial services provider Nonghyup (NH Bank) has begun issuing digital certificates using a blockchain-powered system and an e-wallet offering.

Nonghyup (NH Bank), e-wallet, product launch, South Korea, payment certificates, online banking, mobile banking, Asia, APAC, blockchain, blockchain powered system

Hong Kong Monetary Authority selects ConsenSys for CBDC project

28 Sep 2020 | Cryptocurrencies

The Hong Kong Monetary Authority (HKMA) has selected ConsenSys, a US-based blockchain company, to develop a central bank digital currency (CBDC) project.

Hong Kong Monetary Authority, HKMA, ConsenSys, blockchain, CBDC, central bank digital currency, cross border payments, Singapore