Tag Archives: blockchain

[ad_2][ad_1] The Bangladesh branch of HSBC, one of the largest banks in the world, has completed the country’s first cross-border blockchain trade finance transaction. According to a press release on Tuesday, the digitized letter of credit (LC) transaction resulted in a significant reduction in processing time compared to traditional methods, …

[ad_2][ad_1] Blockchain and cryptocurrencies are booming and as the conversation about infrastructure investments increases, the question needs to be asked; how can blockchain improve current and new infrastructures? 2019 Bloomberg Finance LP While the conversation about blockchain and cryptocurrencies might seem to some abstract or more conceptual than relevant on …

[ad_2][ad_1] The Bangladesh branch of global banking firm HSBC conducted the country’s first blockchain-based letter of credit transaction on the Contour DLT platform. The transaction was used to settle the import of 20,000 tons of fuel oil from United Group’s Singapore-based subsidiary United Mymensingh Power. HSBC Bangaladesh’s chief executive, Md …

[ad_2][ad_1] Ripple has invested in Money Tap, the P2P money transfer app run by a consortium of Japanese financial institutions. Developed by SBI and Ripple, Money Tap is a smartphone application that allows consumers to make instant domestic payments via bank account, phone number or QR code. The service bypasses …

[ad_2][ad_1] US banks and trust companies are moving forward with cryptocurrency services Of: Robert A. Musiala Jr. This week the Avanti Bank & Trust was granted a banking charter by the Wyoming State Banking Board. According to a press release, the Charter gives Avanti the same powers as domestic banks …

[ad_2][ad_1] The University of Wyoming announced in a statement that it will launch a new Center for Blockchain and Digital Innovation. A blockchain is a digital record of transactions, where each transaction is added to a chain and validated by multiple computers. This technology is useful in cryptocurrencies and digital …

[ad_2][ad_1] November 2, 2020 Wyoming is a known pioneer state for primates. In recent years, the state has passed groundbreaking legislation to create a regulatory environment to promote the growth of blockchain applications and diversify the economy. To aid this effort and train the incoming workforce, the University of Wyoming …

[ad_2][ad_1] The Tron blockchain stopped creating and running blocks due to a “bad contract” against a super rep on November 2, according to several reports. First reported by Crypto Briefing, the smart contract blockchain stopped producing blocks at 10:00 UTC for about two hours, according to Reddit users. The event …

[ad_2][ad_1] October saw the total value locked in all DeFi protocols close below the initial month value for the first time. Square Crypto sponsors a bitcoin wallet designer. A new civil lawsuit claims that BitMEX executives were plundering profits. At stake DeFi contractionIn the last week of October, the DeFi …

[ad_2][ad_1] Researchers from the Center for Science and Security Studies at King’s College London have turned to the analysis of “non-political” solutions to the problem of nuclear disarmament. The researchers’ new report notes that the consolidated multilateral nuclear order around the United Nations Non-Proliferation Treaty, or NPT, has been constantly …