Technology — Page 55

Alrosa and tech company Everledger are planning to launch the blockchain-based WeChat Mini Program to track the provenance of diamonds.

Marco Polo – the brainchild of R3 and TradeIX – announced that it has successfully completed a seven-week trade finance trial run that involved the participation of over 70 organizations.

Tata Consultancy Services (TCS), the IT arm of Tata Group, has announced the launching of a new blockchain DevKit that accelerates smart contract creation by 40%.

CipherTrace has launched a new product for banks that will help identify unregistered virtual asset service providers (VASPs) and cryptocurrency money service businesses (MSBs) in their system.

Diginex and a United Nation related organization have announced the launching of a blockchain tool to protect immigrant workers in Hong Kong from exploitative practices.

New York regulator publishes proposed guidance to modify BitLicense The New York Department of Financial Services (NYDFS) has officially announced that it is reviewing its virtual currency regulations. The regulator o…

Korean cybersecurity firm Penta Security has entered into a global strategic partnership with blockchain software firm R3 for digital asset management and Multi-Party Computation (MPC) technology.

Social media giant Twitter is funding an independent team that will focus on developing an open and decentralized standard for social media, CEO Jack Dorsey announced this week in a series of tweets.

Dutch Bank ING is reportedly developing a custodial technology that will allow clients to safely store digital assets and accelerate crypto adoption in the financial sector.

Cobalt producer Glencore has announced that it is joining the Responsible Sourcing Blockchain Network (RSBN).

Russian power grid Rosseti has chosen blockchain technology as the solution for the growing power debt in the country, which has amounted to $20.5 million due to lack of transparency.

Elliptic, a risk-assessment crypto firm, has announced the launching of its new product that will provide banks the means to rank crypto exchanges based on years of collected data.

Leading sportswear brand Nike has been awarded a patent by the United States Patent and Trademark Office (USPTO) for using blockchain technology to assign unique digital ID to shoes.

The Xpring platform has been improved by Ripple to encourage developers to build around XRP resulting in community growth.

Fiat Chrysler Automobiles (FCA), the world’s eighth-largest automaker that counts Chrysler, Fiat, Jeep and Maserati among its brands, has joined the Responsible Sourcing Blockchain Network (RSBN).

WeBank, a Chinese digital bank founded by Tencent, is reportedly the first technical infrastructure provider for the country’s recently announced national blockchain initiative.

The Italian Society of Authors and Editors (SIAE) is collaborating with a blockchain company to offer a more secure and transparent platform for copyright management.

China is reportedly gearing up to launch an initial pilot program for its central bank digital currency that will be helmed by the country’s central bank and seven state-owned companies.

Voice, a blockchain-based social media platform announced earlier this year, has announced that it plans to launch its beta version on Feb. 14, 2020.

On the heels of the Azure Blockchain Service launched in May, tech behemoth Microsoft has unveiled Azure Blockchain Tokens and blockchain data manager.

The Kadena network has partnered with healthcare tech company Ryemdi to develop a CBD oil tracking platform that could transition to prescription drugs.

The Bank of China has issued $2.8B for Small and Medium Enterprises using blockchain technology amidst the massive adoption of the technology in the country.

U.S. financial regulators call for continued monitoring of digital assets and DLTs The Financial Stability Oversight Council (FSOC) is urging federal and state regulators to continue monitoring risks from digital asse…

A blockchain consortium of South Korean companies has agreed to work towards the commercialization of blockchain-based mobile identification and certification services to enable users to handle their personal informat…

Crypto mining firm Bitfury has announced the launch of Exonum Enterprise, which is basically the expansion of its blockchain framework Exonum into a full-service offering.

CULedger, a credit union service organization (CUSO), has unveiled a new cross-border payment solution that aims to improve fund transfer domestically and internationally.

Microsoft and Enjin have created a reward scheme to recognize Azure community members for their contribution in helping the could computing platform gain more ground in the crypto sphere.

South Korean telecom giant KT is boosting cooperation with China Mobile on 5G roaming services and a blockchain system, Yonhap reported.

The central bank of France is planning to launch trial runs for its own central bank digital currency (CBDC) as interest in the digital space heightens.

Hainan, an island province of China, has released a set of measures to accelerate the development of blockchain industry in the region, Xinhua reported.

Blockchain startup Credits is teaming up with Alibaba Cloud to enter China’s logistics industry with blockchain-based solutions.

The British Virgin Islands just announced the development of a stablecoin that’s pegged on the U.S. dollar, with more details to be unveiled during the BVI Digital Economy symposium.

The UBS, Commerzbank, and Credit Suisse have successfully executed a transaction on the Eurex Repo F7-trading system and recorded the swap HQLAx’s digital collateral registry.

Sri Lanka’s central bank is planning to create a KYC platform for its financial sector and is calling out experienced tech companies to apply for its development, with the application deadline set on Dec. 31.

The Muroran Institute of Technology, a national university in Hokkaido, Japan, is teaming up with Nippon Telegraph and Telephone West to use blockchain technology for verification of educational records, Nikkei Asian …

An expression of interest (EOI) floated by the Tea Board of India has drawn responses from a number of tech and banking giants, according to a report from the Press Trust of India.

The State Information Centre (SIC), China Mobile, and UnionPay jointly sponsored the first Blockchain Service Network Partner Conference on Dec. 01, according to local news outlets.

Swiss federal government to amend DLT/Blockchain law to strengthen regulation The Swiss federal government is looking to improve its existing financial market regulation that will oversee the crypto industry in the fu…

National Westminster Bank (or NatWest), a leading retail and commercial bank in the United Kingdom, is spearheading a blockchain consortium initiative with Coadjute, a real estate blockchain network, in a bid to strea…

Coinbase is trying to add another layer of security into its system by patenting a compliance monitoring model that can identify accounts engaged in illicit activities.