Category: Blockchain

cls adds three members to its board
November 22, 2019 BY Valentina Kirilova

CipherTrace conference sheds light on FATF ‘Travel Rule’ for user info

As we have reported on several previous occasions, the regulatory establishment and government officials want to dismantle the anonymity privileges that various blockchains provide for crooks, money launderers, and those intent on funding terrorist operations. The “noose”, orchestrated by this group, is slowly tightening around the neck of the crypto community. The previous G20 meeting…

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New BIS report cites “internalization” by large banks for 7% volume drop
November 14, 2019 BY Valentina Kirilova

ConsenSys reports Asset Management space ripe for blockchain solutions

ConsenSys, a Brooklyn-based blockhain software development company, has released a report about the potential of blockchain technology to disrupt and enhance the morass of back office processes that support the asset management business sector. While material benefits are available for all participants, the report notes “the industry itself needs to transform if its to realize…

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November 12, 2019 BY Mariela Naydenova

JP Morgan and Singapore's MAS partner on a cross-border payments blockchain system

The Monetary Authority of Singapore (MAS) has partnered with JPMorgan to create a blockchain-based prototype for multi-currency payments. The information came from an official release from MAS, where Singapore's central bank states that the most current development on the Project Ubin is that users will be able to make payments in different currencies on the very…

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October 30, 2019 BY Mariela Naydenova

The world's first blockchain-based carbon trading exchange

In Singapore, blockchain is moving with lightning speed, it seems. AirCarbon Pte, based in Singapore, has just launched the world's first blockchain-based carbon trading exchange. What this will allow corporates and airlines to do is buy and sell tokens backed by carbon credits, which are all approved by ICAO (the International Civil Aviation Organisation.). According…

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