YES Bank reportedly completes the issuance of corporate debt through blockchain tech fintech MonetaGo on R3’s Corda Enterprise Technology. This is for the first time in Asia when a big Financial institute uses blockchain for the issue of commercial papers. ₹1 billion rupees transaction was reportedly carried out on behalf …
Read More »Expansion in blockchain ambitions at LG
Blockchain initiatives may get expanded by the South Korean electronics conglomerate, LG. A Trademark application got filed by the firm on July 2nd that described an electronic wallet which may contain capability for cryptocurrency. An announcement was also made by the firm’s IT subsidiary, LG CNS which said that it …
Read More »Blockchain-based banking platform to be built by RBI
According to sources, a blockchain-empowered banking platform is to be built by the Reserve Bank of India (RBI). This platform will be for the use of bank officials only. Reports suggests that this launch will take place in and around 2020 and it will be designed to serve public as …
Read More »A Model Platform for Blockchain Apps is being build by RBI’s arm
According to reports, A supervising unit had been set up by India’s Central Bank Reserve Bank of India in August last year to oversee its efforts in emerging technologies including blockchain, cryptocurrency and Artificial Intelligence (AI). Though RBI denied the reports then but this year in April an announcement was …
Read More »27 Qualifying Teams Compete at Conduent Blockchain Hackathon Finale
First of the global hackathon series on blockchain received 1276 registrations from across India Conduent Incorporated (NYSE: CNDT), a digital interactions company, hosted the Conduent Blockchain Hackathon finale at its office in Hyderabad on June 22 and 23, 2019, held in collaboration with HackerEarth, an enterprise software talent management company. The …
Read More »IBM, KPMG, MERCK and Walmart collaborate for the drug supply chain blockchain pilot
The latest Blockchain initiative by IBM announced today. IBM collaborates with KPMG Merck and Walmart with the aim of building a drug supply chain blockchain pilot. IBM stands as the Technology partner, Merck is obviously the drug company, Walmart, having pharmacies and clinics becomes the drug distributor and KPMG brings …
Read More »Allegations of collecting and selling user data from exchanges are denied by Chainanalysis
An official statement has been published by a New York-based blockchain analytics firm Chainanalysis, that clarifies that it is not into collecting or selling personal data of the users when it provides services to cryptocurrency exchanges. Chainanalysis being one of the best profile firms in the industry of blockchain intelligence …
Read More »Samsung Galaxy S10 to introduce Crypto- Friendly features
A new feature has been introduced by the largest smartphone manufacturer in the world by market share, Samsung according to which the new Galaxy S10 smartphone can securely store cryptocurrency private keys through its “blockchain-enabled” mobile services. This latest smartphone with up-to-date technology is much awaited in the crypto community. …
Read More »NOW BLOCKCHAIN PAYMENT NETWORK TO BE INITIATED BY THE WORLD FIFTH-LARGEST BANK IN 2020
According to a press release published on Feb a launch of new blockchain-based payment system has been announced by Japan’s Mitsubishi UFJ Financial Group (MUFG). United States content delivery network Akamai partners with the world fifth-largest bank to work on the project aiming to launch in H1 2010. MUFG’s payment industry is aimed to …
Read More »Blockchain will finally make itself useful this year
After all the hype, blockchain is due for a breakthrough in 2019. Banks and companies are gradually applying versions of the distributed-ledger technology associated with bitcoin to tasks like settlement. Demonstrating blockchain’s utility, though, will say little about the value of cryptocurrencies themselves. The technology’s potential for recording and …
Read More »