Blockchain

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Blockchain for business startup DrumG raises $6.5 million financing

/Blockchain

Blockchain for business startup DrumG raises $6.5 million financing

Blockchain network builder ConsenSys has invested $6.5 million in DrumG Technologies, a startup co-founded by the former CEO of R3 Lab and research centre Tim Grant to create business product overlays on exiting distributed ledger applications.

Bank-backed blockchain consortia we.trade and Batavia join forces

/Blockchain

Bank-backed blockchain consortia we.trade and Batavia join forces

The we.trade blockchain for trade finance initiative established by a coalition of nine banks is joining forces with three former Batavia consortium banks, extending the platform's reach to 13 European countries.

/Blockchain

Enterprise Ethereum Alliance and Hyperledger strengthen ties

The Enterprise Ethereum Alliance (EEA), the global standards organization driving the adoption of Enterprise Ethereum, and Hyperledger, The Linux Foundation open source collaborative effort advancing cross-industry blockchain technologies, today jointly announced they have become Associate Members, respectively, within each other’s organization.

/Blockchain

Italian bank blockchain project moves to second phase

The group of 14 Italian banks that began work on a blockchain has successfully passed the first phase of technical procedural verification.

/Blockchain

HelloGold Token achieves Shariah compliance

Fintech savings platform HelloGold has received Shariah certification for the HelloGold Token (HGT).

/Blockchain

Perkins Coie joins Accord Project

Perkins Coie is pleased to announce its partnership with the Accord Project, a consortium dedicated to the development of smart legal contracts using blockchain technology.

/Blockchain

Ripple commits $25 million to scial impact fund

Ripple, provider of the leading enterprise blockchain solutions for payments, announced its formal social impact program, Ripple for Good.

Goldman invests in blockchain-based cross-border payments startup Veem

/Blockchain

Goldman invests in blockchain-based cross-border payments startup Veem

Blockchain-based cross border business payments startup Veem has raised $25 million in a strategic funding round led by Goldman Sachs and joined by Google Ventures.

/Blockchain

Seba Crypto raises CHF100 million to build a Finma-licenced bank and securities dealer

SEBA Crypto AG (SEBA) has secured CHF100 million to ignite its vision to build a regulated bank to bridge the gap between the crypto and traditional financial economies.

SBI Ripple Asia gets license for blockchain-based money app

/Blockchain

SBI Ripple Asia gets license for blockchain-based money app

SBI Ripple Asia has cleared a regulatory hurdle in its bid to launch a DLT-based payments app in Japan.

/Blockchain

Coinbase paves way for more cryptocurrency listings

Coinbase was founded to give anyone — no matter where they live — trustworthy and secure access to a more open, blockchain-based financial system.

Circle launches stablecoin

/Blockchain

Circle launches stablecoin

Cryptocurrency firm Circle has unveiled a stablecoin designed to make it easy to convert US dollars into tokens that can then be moved over public blockchains.

/Blockchain

Slovenian startup Eligma unveils cryptocurency payment app

Created by e-visionaries and advised by experts from companies like Google, Apple and Intel, the Eligma startup continues along its roadmap of smart commerce solutions with the latest technologies including blockchain.

/Blockchain

Legal problems holding back blockchain-based trade finance: research

R3, Shearman & Sterling, and BAFT (Bankers Association for Finance and Trade), have released a technical paper, ‘Code Is Not Law: The Legal Background for Trade Finance Using Blockchain’, which examines the paths to securing legal recognition for “electronic negotiable instruments.”

Australian agency claims blockchain breakthrough

/Blockchain

Australian agency claims blockchain breakthrough

A federal science agency in Australia has claimed a world first after completing testing on a global blockchain network that is capable of processing 30,000 cross-border transactions per second.

/Blockchain

Institutes RiskBlock Alliance enlists Deloitte for blockchain application development

The Institutes RiskBlock™ Alliance, a blockchain consortium representing 31 risk management and insurance companies, announced today that it has selected global professional-services organization Deloitte to help advance its blockchain application and product-development efforts.

/Blockchain

Bitwala to launch blockchain banking in Germany after €4m fund raising

Bitwala, the German blockchain banking service, raised more than 4 million Euros in funding to provide the world’s first fully regulated blockchain bank account from November.

JPMorgan blockchain project recruits 70+ banks

/Blockchain

JPMorgan blockchain project recruits 70+ banks

An interbank blockchain project led by JPMorgan designed to speed up the exceptions process has recruited more than 70 banks in a move that would make it one of the largest application of distributed ledger technology (DLT) by regulated banks.

/Blockchain

Global Debt Registry expands structured credit blockchain offering

Global Debt Registry ("GDR"), a leading blockchain solution provider for the structured credit market, today announces an extension of the current blockchain platform offering into additional ABS asset classes.

Ireland launches €5m fintech project amid drop in VC funding

/Blockchain

Ireland launches €5m fintech project amid drop in VC funding

The Irish government has continued its bid to develop the country as a European fintech hub with the launch of a five year, €5m fintech research and development project.

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