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US Fed incorporates DLT for its new service
Latest DLT News
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Crypto exchange Kraken is expanding its footprint across European markets with a partnership to service German clients.
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Citi's recent report highlights the growing engagement with DLT and crypto, emphasizing both the progress and challenges faced by the sector in the past year
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The Fed has incorporated Dropp, a Hedera-based micropayments platform using DLT technology, into its recently launched FedNow service. FedNow connects financial institutions, businesses, and service providers to bolster digital payments infrastructure. Dropp is expected to facilitate low-fee payments, manage incoming…
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The Bank for International Settlements (BIS) has released a plan to protect central bank digital currencies (CBDCs) from cybersecurity threats in the decentralized finance (DeFi) sector
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The New York Federal Reserve and several large U.S. banks have successfully conducted an experiment using distributed ledger technology (DLT)
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Blockchain technology use cases in the health sector has surged significantly in recent years. New research predicts its market size to hit over $77B by 2027.
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Hamilton Lane Inc., a private equity fund, aims to utilize distributed ledger technology to make its private equity offerings more accessible to retail investors.
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The rise of bitcoin in 2009 led to the rapid evolution of the global financial sector. Bitcoin’s creation laid out a blueprint that has shaped digital finance in the modern day. As such, governments have taken the initiative by creating…
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Ahead of their mainnet launch scheduled for the last week of June 2022, the team behind KleverChain, a proof-of-stake blockchain with 21 validators, has released its technical whitepaper detailing the chain’s workflow. The KleverChain Whitepaper According to a post on…
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Blockchain technology is becoming increasingly popular among businesses and enterprises as it disrupts traditional models. In fact, many existing industries currently experimenting with blockchain have realized that this novel technology can take essential elements of their business, such as efficiency,…
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VeChain is one of the largest blockchain networks today, with massive followership. The network launched in 2015 as a private consortium chain, later transiting to a public blockchain in 2017, launching its main net in 2018. One of the biggest…
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EarthFund, a leading decentralized platform that enables people to set up funding DAOs for causes they care about is set to launch on June 15, 2022. EarthFund Poised to Go Live Today In an announcement made today, EarthFund stated that…
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NFTs have sparked a lot of curiosity lately — but they have also created quite a bit of confusion. Many people like the idea of owning digital items, especially digital art, but they aren’t exactly sure what it is they…
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Chorus One and Figment Networks have made it clear that they will not be supporting the proposed Terra2.0 blockchain, citing illegitimate voting processes and other irregularities. Chorus One and Figment are leading decentralized finance (DeFi) projects and staking infrastructure providers…
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HUMAN Protocol, a broadly applicable solution geared toward the management of distributed workforces today announced it had awarded a grant to VeritaTrust to power on-chain reviews. HUMAN Protocol Gives Grant to VeritaTrust In an announcement made today, HUMAN Protocol stated…
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What critics used to dismiss as a fad and tulip mania is now a multi-trillion-dollar industry. As of early Q2 2022, the cumulative cryptocurrency market capitalization stood at over $1.8 trillion. Out of this astounding performance, the most valuable digital…
