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SBI’s Crypto-Focused Venture Capital Arm Sees Major Turnaround On Year

SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the year.Japanese financial services giant SBI Holdings released its new financial report on Oct. 30. The report analyzed

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Major Latin American Development Bank Pilots Blockchain for Land Registry

The Inter-American Development Bank (IADB) is implementing three different blockchain pilot projects to test if blockchain technology is able to solve some of the problems of land titling and registries.On Oct. 28, blockchain startup ChromaWay reported that it is collaborating with IADB on a two-year project in Bolivia, Peru

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Altcoins React on BTC’s Sudden Surge, Some Major Coins Post Double-Digit Gains

Following Bitcoin’s (BTC) sudden jump earlier in the day, altcoin markets have also entered the green zone, with some of the major cryptocurrency markets registering solid growth.Cryptocurrency market daily overview. Source: Coin360Bitcoin had been hovering around $7,500 during the day until it suddenly surged over $500 in just five

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Mastercard Joins Major Ripple Partner Bank for Payments on Delivery

Global credit card giant Mastercard has announced a major partnership with PNC Bank who is using and developing RippleNet software for their client’s needs. The new partners intend to develop Payment on Delivery, a trial system that allows businesses to pay suppliers in real-time for goods received. PNC has been at the

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Major Singapore Bank Completes First DLT Trade Financing Transaction

A Singaporean banking branch of CIMB Group, one of the largest Asian investment banks, has completed its first blockchain-based trade financing transaction.The transaction was processed using blockchain and Internet of Things (IoT) platform developed by local trade financing firm iTrust Trading, Yahoo Singapore reports Oct. 17.By applying iTrust’s blockchain-based

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