Saturday, November 28, 2020
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What doomed Fusang and China Construction Bank’s blockchain bond

The tokenization of securitized debt has long been described as one of the more practical use cases for blockchain technology. Blockchain’s ability to fractionalize assets and to settle transactions via its open ledger nearly instantly addresses major pain points of securitization: high buy-in thresholds that exclude some investors as well

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IOTA teams up with Austrian uni for Internet of Things and blockchain research lab

The IOTA Foundation, the non-profit organization behind IOTA, IOTA Tangle and MIOTA, announced they will be joining Austria’s newest Christian Doppler Laboratory, or CDL, as an industrial partner. The first of its kind, the laboratory is housed at the Vienna University of Technology and named the CDL Blockchain Technologies for the

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China’s national blockchain project adds Polkadot support

Chinese government-backed blockchain initiative, the Blockchain Service Network, or BSN, is introducing support for another batch of major blockchain protocols. On Nov. 26, it announced that it will integrate Polkadot, Oasis and Bityaun into its ecosystem on Nov. 30.Polkadot's blockchain protocol is designed to connect multiple specialized blockchains into one unified

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Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock Exchanges

Sygnum, a digital asset finance firm with a Swiss banking license, has launched what it says is a blockchain-based alternative to listing shares on a stock exchange.On Thursday, the company announced an “end-to-end tokenization solution,” comprising of both a primary market issuance platform called Desygnate, and SygnEx, a secondary market

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Financial institutions to boost future blockchain spending

Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming survey from Deloitte titled "Financial Services Industry Outlooks 2020."Preliminary results shared with Cryptox indicate that 27% of the institutions surveyed expect a “slight increase in spend” for blockchain and distributed ledger technology, while 14%

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Colombian Stock Exchange to use blockchain for OTC derivatives trading

The Colombian Stock Exchange announced it is joining the Consorcio Colibrí, a private initiative that promotes the adoption of blockchain technology within the finance industry.As Cryptox Español reported on Nov. 18, Consorcio Colibrí was formed by major financial institutions such as Bancolombia, BBVA, Santander Caceis Colombia, Deceval, Contrato Marco, Porvenir

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Economic justice doesn’t need the blockchain, say advisors to ‘The Squad’

American progressives, particularly the high-profile group of Congresswomen known as “the Squad,” have been highly vocal on questions of economic equity, the corrosive social impact of Big Tech and the need to reimagine fiscal and monetary policy in the post-2008 and post-COVID-19 political moment.How do they view blockchain technologies and

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Australia and Singapore to Trial ‘Paperless’ Trade Using Blockchain Technology

The Australian Border Force (ABF), the country’s customs and border protection agency, wants to simplify cross-border trade with Singapore using blockchain technology.In collaboration with Singapore Customs and the Singapore Infocomm Media Development Authority (IMDA), the blockchain trial aims to reduce administration costs and increase trade efficiency. Specifically, it will test

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Blockchain-based voting systems have potential despite security concerns

The 2020 United States presidential election was met with an increase in mail-in ballots due to COVID-19 concerns. Yet while many Americans stayed away from polling stations this year, postal delays, rejected ballots, and other challenges emerged.Unsurprisingly, better ways for casting votes during major elections quickly became a hot topic of

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