distributed ledger News
Latest distributed ledger News
Bank of England warns that failure to modernize central bank money could shift wholesale settlements to private assets, potentially risking financial stability. A Bank of England executive warns that failing to adapt central bank money to emerging technologies could push…
IOTA has introduced a new blockchain-based tool aimed at simplifying music rights management in the film industry. IOTA (IOTA), a distributed ledger focused on the exchange of value and data, has unveiled a blockchain-driven tool designed to transform the management…
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Kyrgyzstan’s central bank has proposed amendments to the law to legalize its digital currency as a legal tender. The National Bank of Kyrgyzstan has initiated public discussions on constitutional law amendments aimed at integrating its own digital currency — known…
Blockchain interoperability can not be the responsibility of a single project, it needs to be an industry-wide effort.
Preserve trustlessness and privacy as much as possible while still preventing financial crimes is certainly feasible.
Abu Dhabi introduces a trailblazing DLT regulatory framework, setting global standards for blockchain foundations and DAOs.
A recent report from the Global Financial Markets Association (GFMA) suggests that traditional markets could save more than $100 billion per year by implementing distributed ledger technology (DLT).
According to Fabio Panetta, an executive European Central Bank (ECB) official, the regulator is considering a uniform platform compatible with the existing interbank settlement system. ECB Eyes Distributed Ledger Technology for Efficiency In a move to improve the efficiency of…
A Nostro account is a system that allows a bank to hold foreign currency in another bank. For instance, a US bank may hold some Pounds(UK currency) in a UK-based bank. The Ideology That Fuels Nostro Accounts The whole idea…
Global blockchain technology company Distributed Ledger Inc. and GulfQuest Maritime Museum have joined forces to develop a sustainable bitcoin mining project that has recently been approved by the City of Mobile, Alabama. Joint Efforts to Boost Bitcoin Adoption According to…
The German district of Altötting is piloting a digital proof of vaccination project using technology offered by a Cologne-based firm, UBIRCH, becoming the first in the country, news sources on Jan 21 reveals. UBIRCH‘s IOTA and Ethereum-based Solution Used in…
A research center from the University of Glasgow has partnered with Everledger, a blockchain startup, to ensure transparency in the whisky industry and combat fakes, using blockchain technology. Blockchain Technology to Safeguard Rare Whiskies According to an official publication on…
The Public Debt Management Office (PDMO), under Thailand’s Ministry of Finance, will be utilizing Krung Thai Bank’s (KTB) blockchain platform to sell government bonds to the general public. Thailand to Sell Government Bonds via Blockchain According to a report by…
Blockchain technology is infamous for being touted as a one-stop solution for all advancements and critical issues in the world. However, its use in the medical system is well-studied and worked upon by academics and researchers alike, meaning an area…
North Capital Private Securities, a firm that provides financial planning, advisory services, and discretionary investment management to its clients, has gotten the go-ahead from the United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), to…
Sony Corporation, a Japanese multinational conglomerate that specializes in developing consumer and professional electronics, has announced the launch of its Blockchain Common Database (BCDB) platform. The firm says BCDB is a next-generation Mobility as a Service (MaaS) solution designed to…