Cryptocurrency Analysis and News Portal
The terms “collateral” and “tokenization” in the job title are somewhat intriguing, especially since the vacancy specifications give almost no detail about what the position actually entails. Furthermore, the word “blockchain” does not appear anywhere other than in the job title. Source
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American investment bank Goldman Sachs, a backer of major cryptocurrency firm Circle, is strengthening its tokenization efforts by partnering with the blockchain startup Digital Asset.The partnership enables Goldman Sachs to use Daml, a development framework created by Digital Asset to allow financial institutions to build and execute agreements on blockchain,
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The entire ecosystem is powered by the STC token, which is the utility currency of the platform. It is an ERC-20 token that is built to offer transparency, fast payments, and regular dividends to users. Blockchain is a unique innovation that has resulted in a multi-billion dollar industry centered around building
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Veteran crypto team NEM Group has announced the successful launch of its Symbol mainnet.According to a March 17 announcement, NEM now comprises a “two chain ecosystem,” with NEM’s existing NEM NIS1 chain continuing to operate alongside Symbol. Symbol’s launch wasn’t entirely smooth sailing, with the mainnet going live two days
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In previous years, we have seen numerous attempts to bring real-world assets to the crypto market. However, none of them has proven to be massively adopted among retail crypto users and traditional financial players.So, why hasn’t real-world asset tokenization become a massive trend?You’ve probably heard how almost anything can be
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Atomyze, a tokenization startup by Russian mining and smelting giant Nornickel, is setting up shop in Greenwich, Conn., to sell tokenized metals in the U.S.The company, whose legal name is Atomyze LLC, will become the second foothold for Nornickel’s tokenization ambitions. It will work in parallel another entity that will
Read MoreAs tech giants like Google and Facebook announce plans to become carbon-neutral businesses by 2030, smaller companies are doing the same. The only difference is that innovative startups are taking clever approaches that seek to be more effective than those implemented by large, centralized companies.For example, Ripple — a fintech
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What is tokenization and why is it relevant for the real estate industry? To understand this, we need to look at bitcoin and blockchain.Tokenization refers to the process of digitizing securities and representing them as tokens on the blockchain. The most common types of securities to be tokenized are company
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Media on the incumbent web is in crisis. It turns out that paying publishers for clicks, endless loops of “content” and ads, all served on platforms far beyond their maximum-viable scale is ideal for misinformation, disinformation and the decay of trust. The solution, according to various media innovation prognosticators, is the
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Investment management firm Wave Financial said Friday it has received its first round of investment from clients, and has purchased a 1,000 barrels of Kentucky whiskey it plans to tokenize for prospective investors. According to a press statement emailed to CryptoX, Wave Financial purchased the whiskey from the Wilderness Trail Distillery
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