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Ripple prices flat Stellar—IBM partnership and roll-out of World Wire bullish Transaction volumes must spike above 60 million for bulls or bears to be in charge IBM involvement is a game changer. Although they are launching from Stellar, their confidence in blockchain could see banks experiment with crypto....
Stellar Lumens up 11 percent from last week IBM and six banks sign a letter of intent for World Wire stable coin issuance Transaction volumes double in eight days With IBM single-handedly bringing on board six banks, XLM prices are surging and up 11 percent in the last...
The yearlong plunge in cryptocurrency markets has resulted in downsizing for many tech startups but for the big players it could provide the perfect entry point. Big Players Looking Towards Blockchain Many blockchain projects have faced the squeeze in recent months and been forced to let staff go...
In recent years, as “Bitcoin”, “Ethereum”, and “blockchain” became common sounds in the global vernacular, a number of innovation-friendly corporations and forward-thinking startups have sought to implement this nascent innovation into their businesses. However, while many firms seem good-willed with their blockchain ambitions, some skeptics believe that these...
Post-trade market infrastructure giant DTCC has initiated the testing phase to re-platform its credit derivatives on distributed ledger technology (DLT) and cloud. The trial will include the participation of 15 of the world’s largest global banks, which will conduct structured user acceptance tests to validate the interaction between...
Azerbaijan is joining the list of governments adopting distributed ledger technology to promote efficiencies. Osman Gunduz, Chair of the Azerbaijani Internet Forum (AMF), announced the country will start using blockchain on the information systems and registries of the Ministry of Justice. Azerbaijan Government Eyes Blockchain Application on Notaries, Courts, Penitentiaries,...
SC Johnson, a U.S.-based manufacturer of household cleaning supplies, has partnered with Plastic Bank to help increase recycling rates and tackle poverty in Indonesia. The non-profit uses a cryptocurrency token system to pay people for handing over recyclable plastic in order to address the global crisis of ocean plastic....
A report on central bank digital currencies has found that 61% of institutions don’t think a blockchain is necessary due to low efficiency gains during trials. IBM Survey Finds That Central Banks Won’t Be Introducing CBDCs in Near-Term The report was conducted by IBM and the Official Monetary...
As the frenzy to incorporate blockchain technology into companies’ existing infrastructure picks up steam, many executives claim that the incorporation of Digital Ledger Technology (DLT) has been harder than they had anticipated. The report, which was conducted by Greenwich Associates, collected data and responses from more than 200...
Although blockchain is still clearly in its early stages of adoption, it is becoming increasingly clear that the technology underpinning Bitcoin and cryptocurrency will ultimately affect the daily lives of all individuals. This sentiment is shared by Joe Duran, the founder and CEO of United Capital, who expressed...
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