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RBI, India banks launch blockchain-based trade finance project

The Reserve Bank of India (RBI) has launched a blockchain-based trade financing pilot project in collaboration with top lenders including HDFC bank, ICICI Bank and State Bank of India, among several others, Economic Times reported, citing unidentified sources.  See related article: India FM: RBI to issue blockchain-based digital rupee Fast facts Belgium-based SettleMint,

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HKU develops blockchain-based system to monitor construction

An architecture research team at the University of Hong Kong (HKU) developed a blockchain-based system to remotely track the quality of construction of student residences, according to a press release. See related article: Blockchain-powered air quality sensor test launches in Hong Kong Fast facts The system, named E-Inspection 2.0, helps manage construction quality

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Blockchain-based move-to-earn app Stepn under DDoS attacks after upgrade

Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform proceeding with a major anti-cheating upgrade.Stepn took to Twitter on June 5 to report that the platform has suffered a number of DDoS attacks causing recovery maintenance and associated improper performance.1/2We have been under

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Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT – Finance Bitcoin News

Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an alternative to SWIFT, which is unavailable for some Russian banks. Rostec Employs Distributed Ledger Technology to Substitute SWIFT Russian state-owned corporation Rostec

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