Cryptocurrency Analysis and News Portal
A consortium of companies launched a gold-backed token with the DGLD ticker on a Bitcoin (BTC) sidechain.Swiss financial news outlet AllNews reported on Oct. 15 that digital asset managers CoinShares and MKS, as well as wallet service provider Blockchain, announced the launch of the token. Its development took two
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Digital asset manager CoinShares is putting gold on the bitcoin blockchain. Working with wallet provider Blockchain and precious medal trader MKS (Switzerland) SA, the U.K.-based firm announced Tuesday a gold-backed network for trading tokens representing digitized physical gold, a
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The Dubai Chamber of Commerce and Industry (DCCI) has signed a memorandum of understanding (MoU) with Emirates NBD.Middle Eastern news daily Saudi Gazette reported on Oct. 14 that the DCCI, which acts as an international business hub in Dubai, has signed an MoU with Dubai government-owned bank, Emirates NBD. The
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The Singapore Shipping Association (SSA), the International Chamber of Commerce (ICC) and blockchain firm Perlin are jointly working on an e-registry for the ship registration and renewal process.Running on self-executing smart contractsThe International E-Registry of Ships (IERS) system is based on Perlin’s Wavelet, an open ledger for writing decentralized
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For the last year, the focus around smart contract platforms and their real-world applications has been centred around decentralized finance (DeFi). Although most developers and dApps are currently working on the Ethereum network, this entire space is nascent and a clear winner is yet to be decided. In this piece,
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Japan, the second-largest source of traffic for global crypto exchanges to date, witnessed a number of industry announcements this week as the country hosted the major blockchain event Devcon 5 from Oct. 8 to Oct. 11.Organized on an annual basis by the Ethereum Foundation, the recent Devcon conference featured
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Ripple, the blockchain firm behind crypto asset XRP, fused three of its services into features of its RippleNet offering.Industry news outlet CryptoNews reported the change in Ripple’s product offering on Oct. 9.Little more than the names changedPer the report, a company’s spokesperson explained that now, “instead of buying xCurrent
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The China Construction Bank (CCB) officially released the second version of its blockchain trading platform, which reached 360 billion yuan ($50 billion) in cumulative transaction volume.CCB will actively promote blockchain platformOn Oct. 9, Xinhua news agency reported that CCB, one of the big four banks in the People's Republic
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Global tech giant IBM has launched a new integrated supply chain product based on IBM’s technologies including Watson AI and IBM Blockchain.Hybrid-cloud integrationCalled Sterling Supply Chain Suite, the new IBM’s product enables hybrid-cloud support of data integration between manufacturers, retailers and other network participants, purportedly providing greater reliability, transparency
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New England-based blockchain firm SimplyVital Health, Inc. has received a $225,000 grant from the United States National Science Foundation (NSF) to research integration of its protocol Nexus with the Graphene protocol.The NSF awarded the grant as part of its Small Business Programs, which contributes $200 million annually to innovative
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