A New Alliance Established To Securely Track Precious Metal Trades Using Blockchain

A New Alliance Established To Securely Track Precious Metal Trades

Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error.

Paxos seeks to unlock capital … Read the rest

Istanbul Inaugurates Blockchain Innovation Center

Turkey launched its first blockchain university, named the Istanbul Blockchain and Innovation Center (BlockchainIST Center) in an atempt to “close the expertise gap” so that the country can begin utilizing the technology across many industries. The center, located at Bahcesehir University, will facilitate academic studies by students and entrepreneurs, and … Read the rest

Top 5 OpenChain Blockchain development Companies

The possibilities of developing on a Openchain blockchain is endless. The amazing flexibility and the openness of the platform allows various Openchain blockchain development companies or openchain blockchain developer to provide solutions tailored to each specific requirement. Here are some of the Openchain blockchain development companies we have handpicked to … Read the rest

Stellar Becomes ‘First’ Sharia-Certified Blockchain for Payments And Asset Tokenization

Stellar Becomes ‘First’ Sharia-Certified Blockchain for Payments And Asset Tokenization

Stellar, an open-source platform for distributed payments, is reportedly the first distributed ledger protocol to obtain Sharia compliance certification in the money transfer and asset tokenization field. The Shariyah Review Bureau, a leading international Sharia advisory agency licensed by the Central Bank of Bahrain, has examined the capabilities and applications … Read the rest

Accenture, Thales to Debut Blockchain Tool for Aerospace Supply Chains

Dublin-based major consultancy firm Accenture has partnered with French multinational aerospace firm Thales Group to update aircraft supply chains using blockchain. Based on Hyperledger Fabric and set for its debut at the UK’s Farmborough Airshow, the solution will use blockchain in tandem with Thales’ physically unclonable function (PUF) tool to … Read the rest

Singapore based CrimsonLogic Launches Global Cross-Border Blockchain Platform

Singapore based CrimsonLogic Launches Global Cross-Border Blockchain Platform

Singapore e-government service provider CrimsonLogic has unveiled its cross-border blockchain network for global trade. Dubbed the Open Trade Blockchain (OTB), the platform is principally designed to boost the efficiency of trade corridors between China and the Association of Southeast Asian Nations (ASEAN) nations.

According to Eugene Wong, the chairman of … Read the rest