Latest Blockchain News: Finextra Research

MUFG shutters blockchain-based payments network

Mitsubishi UFJ has pulled the plug on its blockchain-based online payment network, Global Open Network Japan (GO-NET Japan), citing the "recent hard business environment" for payments.

23 February 2022

News/markets

Wall Street firms back DLT-based system for alternative assets

Wall Street players including BlackRock, Morgan Stanley and State Street are backing a new consortium led by iCapital that will build a distributed ledger-based system for alternative assets.

23 February 2022

Company update/sustainable

BME runs blockchain-based carbon offestting PoC

BME, through Iberclear, and ClimateTrade, have developed a Voluntary Registry for carbon and biodiversity inventories that allows companies to offset their carbon footprint.

21 February 2022

News/crypto

FBI sets up crypto unit

The FBI is setting up a cryptocurrency-focussed unit that will work closely with another new team at the Justice Department.

18 February 2022

News/security

JPMorgan research uses quantum network to protect blockchains

Researchers from JPMorgan Chase, Toshiba and Ciena say they have built a quantum key distribution (QKD) network that can secure blockchain applications against quantum attacks

18 February 2022

Company update/identity

Centre consortium unveils decentralised ID solution for crypto finance

Centre - a consortium founded by Circle Internet Financial, LLC, and Coinbase to serve as a standard setting body for blockchain-based financial services - today announced Verite, a decentralized model for identity credential issuance, custody and verification.

17 February 2022

News/crypto

Copernic Space launches world’s first sale of space assets

An ‘eBay for space’, of sorts, Copernic Space has today launched its initial private sale of payload space – essentially enabling suppliers to send a minimum of 100g of physical cargo (such as artworks, or IoT devices) to the moon.

16 February 2022

News/sustainable

More banks join blockchain-based carbon marketplace

UBS, Standard Chartered, and BNP Paribas have joined Project Carbon, a bank-backed initiative to create a blockchain-based marketplace where firms can buy and sell carbon offsets.

16 February 2022

News/crypto

Mastercard adds crypto, open banking and ESG consulting services

Mastercard is expanding its consulting services with new practices dedicated to open banking, open data, crypto and digital currencies, and ESG.

15 February 2022

Company update/markets

FQX and SIX Digital Exchange to collaborate on blockchain-based short-term debt instruments

Switzerland’s SIX Digital Exchange (SDX), the world’s first fully FMI licensed digital asset exchange, and FQX, a SIX Fintech Ventures portfolio company, have agreed to collaborate to enable the use of FQX’s blockchain-based short-term debt instruments, eNotes™, on SDX.

15 February 2022

News/sustainable

JPX investigates digitally tracked green bonds

Japan Exchange Group (JPX) is looking into the issuance of "digitally tracked green bonds" as a way of raising funds for its carbon neutrality ambitions.

15 February 2022

Company update/regulation

Blockchain payments outfit ZTLment plays in Danish regulatory sandbox

Together with ZTLment ApS (ZTLment), the Danish Financial Supervisory Authority (DFSA) has examined the use of the technology for a specific business model in the DFSA's regulatory sandbox, FT Lab.

14 February 2022

News/crypto

Binance invests $200m in Forbes

Crypto and blockchain giant Binance has made a $200 million investment in Forbes, the business media brand it sued for defamation in 2020.

11 February 2022

Company update/payments

UAE-based blockchain payments startup Pypl raises $11 million

One of the region’s fastest growing FinTechs, Pyypl (pronounced “People”), announces it has closed a US$ 11 million series A financing round with participation from a diverse group of international family offices and HNWI’s.

10 February 2022

Company update/people

From financial services to blockchain and crypto: How executives are making the switch

Today, Heidrick & Struggles, a premier provider of global leadership advisory and on-demand talent solutions, in partnership with the Global Blockchain Business Council, have launched a study titled, From Financial Services to Blockchain and Crypto: How Executives Are Making the Switch.

10 February 2022

Company update/people

Algorand Foundation names Staci Warden as CEO

The Algorand Foundation today announced the appointment of Staci Warden as its Chief Executive Officer.

10 February 2022

Company update/markets

Charles River and LedgerEdge collaborate to provide DLT-based bond liquidity and trading

Charles River Development, a State Street Company, today announced a collaboration with LedgerEdge to provide investment firms with access to corporate bond liquidity from the LedgerEdge ecosystem via the Charles River Inventory Hub and Order and Execution Management System (OEMS).

09 February 2022

News/payments

Fnality completes TestNet transaction with Santander and NatWest

Banking consortium Fnality is one step closer to launch after two major European banks successfully conducted a proof of concept showcasing the benefits of distributed ledger technology (DLT) in offering near-instant settlement in capital markets and payments.

09 February 2022

Company update/markets

CSOP Asset Management completes blockchain-based OTC trade processing prototype

CSOP Asset Management Pte. Ltd. (‘CSOP’) and leading Singapore FinTech firm Hashstacs Pte Ltd (‘STACS’) today announced the completion of their Over-the-Counter (‘OTC’) Derivatives Trade Processing prototype, built by STACS on its Distributed Ledger Technology (‘DLT')-based platform, Vetta.

09 February 2022

Company update/markets

ADB builds prototype for blockchain-based cross-border securities settlement

The Asian Development Bank (ADB) has launched a project to make cross-border securities transactions in Asia and the Pacific more efficient and secure through the use of blockchain technology.

09 February 2022