Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say

2020-11-30 21:42

A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”

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distributed payment uae saudi system pilot found

distributed payment → Ðåçóëüòàòîâ: 76


eftpos collaborates with Hedera Hashgraph on eCommerce micropayments solution

eftpos Payments Australia, a debit card system for the country, today announced it is collaborating with global distributed ledger company, Hedera Hashgraph, on a micropayments proof-of-concept that aims to create a seamless Australian payment experience for web users by providing an alternative to traditional online paywalls and subscriptions.

2020-7-22 20:37


Azimo to use Ripple ODL and XRP for remittances into The Philippines

Ripple, the cross-border payment network powered by distributed ledger technology (DLT), today announced a new partnership with European digital money transfer service Azimo. The company has launched with Ripple’s On-Demand Liquidity (ODL) service as part of its remittance capabilities into The Philippines, with plans to expand the use of ODL across more corridors this year.

2020-2-27 17:28


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Binance, Mastercard, Ripple Xpring, Others Join Blockchain Education Alliance 

Binance, a leading cryptocurrency exchange, and Bitcoin trading venue, global payment processor, Mastercard, Ripple’s incubator arm, Xpring has joined the MouseBelt University Blockchain Education Alliance, an initiative that’s focused on raising thousands distributed ledger technology (DLT) developers in more than 80 student organizations around the globe, according to reports on February 12, 2020.

2020-2-13 14:00


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A Blockchain-Based Excise System Promises Efficiency to Thailand’s Oil Industry

Blockchains are being used across the world for their ability to serve as a robust accounting ledger that can be shared and distributed in real-time across the world. According to the Bangkok Post, the Thai excise department is in talks with Krungthai Bank (KTB) to launch a blockchain-enabled system to make the tax payment andRead MoreRead More.

2019-11-26 00:00


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Research: Bitcoin is the Third Most Used Payment Method in Italy

Bitcoin adoption in Italy, one of Europe’s largest economies is steadily on the increase, as a new research report released on October 28, 2019, by SEMrush, a software-as-a-service (SaaS) platform for online visibility management, has revealed that bitcoin (BTC) the world’s number one distributed ledger technology (DLT) based virtual currency is now the third mostRead MoreRead More.

2019-11-2 22:00


SETL launches sandbox for its blockchain settlement infrastructure

SETL launches sandbox for its blockchain settlement infrastructure - CryptoNinjas SETL, an institutional payment and settlement infrastructure based on blockchain technology, has today announced SETL Labs, an open initiative for innovators, product managers and technology architects to engage a working version of the SETL distributed ledger framework.

2019-9-26 15:38


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Wells Fargo To Launch Stablecoin Cryptocurrency in 2020

USA’s fourth-largest bank has announced it will develop its own cryptocurrency for international transfers in 2020.   United States’ 3rd Largest Bank Reveals Wells Fargo Coin In a press release on September 17, Wells Fargo said its new remittance platform would form an international payment network based on what it describes as “distributed ledger technology” (DLT).

2019-9-17 16:32


Binance Jumps into the Astrological Waters of Stablecoin With its New Project Dubbed “Venus”

Binance, the world's largest cryptocurrency exchange has announced a new project dubbed “Venus” that will develop digital assets pegged to fiat currencies around the world aka stablecoins. This stablecoin initiative of the exchange will see the firm utilizing its proprietary Binance Chain network— that uses “distributed proof of stake” consensus model” — and international payment […]

2019-8-19 16:19


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Dutch central bank tested blockchain for 3 years. The results? ‘Not that positive’

The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-border payments, after it discovered that markets with efficient payment systems that exist (such as Nordic countries and the Netherlands) don’t really benefit from blockchain.

2019-5-1 17:15