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“Our team is working on a proof-of-concept project for a private, permission-less DeFi network, with a corresponding token,” R3 representative Nick Murray-Leslie said via email. (“Private” and “permission-less” sounds confusing, but refers to R3′s work with Intel SGX to create a closed setting for transactions while holding onto the open
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China is sparing no efforts to accelerate its blockchain development, with a growing number of patents related to the emerging technology. Wang Jianwei, a deputy head of the information technology development division at China’s Ministry of Industry and Information Technology, said on Monday at a forum that China currently has over
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Last week, the People’s Bank of China (PBoC) took another firm step toward limiting the use of decentralized digital assets, “vow(ing) to end illegal mining and stop offshore exchanges from conducting business with its citizens.” From their latest moves, they have made any transaction in cryptocurrencies other than the digital
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Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by launching a new stablecoin in Peru, Cryptox en Español reports.Pegged to Peru’s official fiat currency, the Peruvian sol (PEN), the new stablecoin is designed to enable instant transactions across Anclap’s network, including conversions to other fiat currencies as well as
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The relationship between crypto and mainstream media (MSM) is complex, and it’s probably fair to say that some in the crypto community haven’t been overjoyed with the treatment they’ve received over the years. MSM has largely ignored Bitcoin (BTC) and other cryptocurrencies outside of occasional reports of hacks, ransomware attacks and
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Swash user data is then aggregated into a Data Union, where buyers – ranging from advertising and brand awareness firms to hedge funds – can purchase it. The profits are distributed to the Data Union members. A SWASH token will soon be introduced to handle these sorts of transactions, among
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Emurgo, the commercial and venture arm of Cardano, is investing $100 million to boost decentralized finance (DeFi), non-fungible token solutions and blockchain education efforts for the world’s fourth-largest blockchain.Announced during the Cardano Summit 2021 on Sunday, Emurgo CEO Ken Kodama said the investment would “accelerate the development of the Cardano
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GIGXPAD, a decentralized finance (DeFi) project based in Africa, is partnering with public blockchain network Conflux to tokenize real-world assets in the country, according to a company statement shared with Forkast.News. Fast facts The collaboration, which marks the Chinese blockchain Conflux’s first use case in Africa, will see GIGXPAD deploying a decentralized
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From just two companies — PayPal and Walt Disney — engaging in blockchain in 2014, blockchain technology adoption has grown exponentially. Now, 81 of the world’s top 100 public companies by market capitalization use blockchain technology, with 27 of them having a fully functioning live product, according to blockchain research
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