Wednesday, September 18, 2019
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Japanese Messaging Giant Line Rolls Out Crypto Trading Platform Bitmax

Japanese messaging giant Line launched its new crypto trading platform Bitmax on Sept. 17, Cointelegraph Japan reports.FSA approval receivedFollowing regulatory approval to operate a crypto exchange in early September, Line’s blockchain arm LVC Corporation officially introduced its newly launched crypto platform today.In accordance with previous announcement, Bitmax will initially

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Freelance Employment Platform Receives Developer Grant from MakerDAO

Blockchain-based employment platform Opolis has announced that it received a developer grant from MakerDAO, the creator of stablecoin DAI.MakerDAO will bring DAI payment integrations to OpolisOn Sept. 17, in a press release shared with Cointelegraph, freelance platform Opolis and MakerDAO announced that they will bring stablecoin DAI to Opolis’

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Wells Fargo to Pilot DLT-Based Cross-Border Settlement Platform

American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020.In a Sept. 17 press release, Wells Fargo described a DLT-based platform designed to perform internal book transfers of international payments within its global network

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Deutsche Bank Joins JPMorgan’s Interbank Information Network Platform

Germany’s largest bank, Deutsche Bank, has joined 320 other banks in the JPMorgan blockchain network, the Interbank Information Network (IIN). The move aims to lower cost for Deutsche Bank, which handles a vaster amount of euro payments relative to any other bank globally. This will also enhance cross-border transactions and thus

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Queensland’s Real Estate Institute to Launch Blockchain Tenancy Platform

The Real Estate Institute of Queensland (REIQ) teamed up with local tech startup Igloo to launch a blockchain-based tenancy agreement platform by the end of 2019.As news outlet ZDNet reported on Sept. 15, REIQ general manager Josh Callaghan stated that the new platform will use smart contracts to create

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Alfa-Bank Launches Bank-as-a-Service Platform on Waves Blockchain

Alfa-Bank and X5 Retail Group partnered to launch a blockchain liquidity management service in Russia.According to a press release published by the bank on Sept. 12, the service — dubbed Distributed Treasury and Cash Management (DTCM) — enables Alfa-Bank’s corporate clients to manage their payments, loan and deposit products,

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Turkish Takasbank Announces Blockchain Platform for Gold Trading

Turkey's Istanbul Clearing, Settlement and Custody Bank (Takasbank) has announced its blockchain-based platform for trading physical gold.Dubbed BiGA, Takasbank’s new project aims to enable people to transfer physical gold stored at the Borsa Istanbul Stock Exchange (BIST), Turkey's sole exchange entity, through digitized gold units on a blockchain, the

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Shell and Sinochem Discuss Blockchain Platform for Crude Oil

A subsidiary of Chinese oil and chemical giant Sinochem Group is reportedly in discussions regarding a blockchain platform with Royal Dutch Shell and Australian financial services firm Macquarie Group.As Reuters reported on Sept. 5, sources familiar with the matter said that Sinochem Energy Technology entered into negotiations with the

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