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The bank sees asset-backed securities (ABS) markets, including mortgage-backed securities (MBS), as having a high potential for disruption from blockchain. These types of securities pool together assets such as mortgage loans, auto loans, student loans, credit card receivables, and equipment leases. Source
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At a November 11 press conference, blockchain- based document security company Transcrypts announced a partnership with Doctors Without Borders, or DWB, that began on October 14th. Working together, they have already uploaded 6500 immunization records to the blockchain, with a goal of 76000 by 2022.Most of the recorded immunizations are
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Digital bank Revolut is looking to hire a tech lead to build a crypto exchange, according to a new job posting.The successful candidate will be “leading a technical team to architect and build Revolut Crypto exchange,” according to a job ad posted on LinkedIn on Thursday.Revolut is looking for experience
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AllianceBlock, a blockchain tech firm that seeks to bridge the gap between decentralized finance, or DeFi, and traditional finance, announced a partnership with fellow blockchain tech entity Flare.Flare claims its layer-one, or blockchain protocol improvement, technology can bring smart contracts to cryptocurrencies such as XRP (XRP), Dogecoin (DOGE), Bitcoin (BTC),
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Amber Group, a leading crypto trading and technology firm, announced today a strategic partnership with the climate tech company Moss Earth, the first and largest environmental platform in the world to tokenize carbon credits. As per the agreement, Amber Group bought 250,000 carbon tons offsets’ worth of MCO2 tokens; approximately
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Immersive cooling technology may help with the transition to zero-emission Bitcoin mining Bitcoin Mining Council (BMC) member Hass McCook told Cryptox. McCook, known online as Friar Hass, believes the industry is on track to hit the goal by 2030.Immersive cooling involves submerging Bitcoin mining ASICs into a specialized cooling fluid, which
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Transaction volume for the card is approaching $2 billion on an annualized basis and BlockFi cardholders are projected to spend roughly $30,000 per year, 50% above that of average credit cardholders, Deserve’s co-founder and CEO Kalpesh Kapadia told Bloomberg. Original Source
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“NFT commerce suite and what that means is that we’ve built, or are building, all of the tools and products that a brand or a right holder needs end to end in order to sell NFTs. So Mojito is the underlying technology to power Sotheby’s Metaverse,” Cassatt said. Original Source
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U.S. citizens and financial institutions are concerned about the Biden administration’s goals to get banks to report to the Internal Revenue Service (IRS) aggregate inflows from a customer’s bank account annually that exceed $600. Mainstream media is reporting and Big Tech’s swarm of fact-checkers have said that some lawmakers are
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The next most important challenge brought about by the global pandemic and now facing higher education is diploma fraud (although student identity, as the lynchpin to widespread online cheating, is a close third). When university campuses shut their gates during the pandemic, many of the traditional paper-based processes were exposed
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