DIstributed Ledger – DIGIT INFO

Hong Kong launches initiative to help banks with DLT adoption

DIGIT — Thu, 09 Jan 2025 05:18:34 +0000

The initiative will initially focus on tokenized deposits with the HKMA providing support for trials to local banks.

Hashgraph Association and Blade Labs Partner to Drive Digital Transformation in the Middle East

DIGIT — Thu, 27 Jun 2024 09:31:16 +0000

The Hashgraph Association and Blade Labs have partnered to drive digital transformation using the latter’s conventional and Shariah-compliant digital securities platforms. The CEO of Blade Labs described the Hashgraph Association as a strategic investor that enables the company to integrate its cutting-edge digital asset solutions with more businesses in the Middle East and beyond. Integrating […]

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Distributed ledger tech could save TradFi $100B a year: Lobby group

DIGIT — Wed, 17 May 2023 04:18:39 +0000

A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously.

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Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says

DIGIT — Mon, 20 Mar 2023 11:30:05 +0000

Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment applications, the banker revealed. Sberbank Sees Solution to Russia’s Troubles With Settlements in Blockchain With major Russian banks disconnected from the main global interbank payment […]

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Top 5 universities to study blockchain in the UK

DIGIT — Tue, 28 Feb 2023 16:39:57 +0000

Universities in the U.K., including Cambridge, Imperial, Edinburgh, Oxford and University College London, offer blockchain-related programs.

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Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain

DIGIT — Thu, 16 Feb 2023 05:00:07 +0000

German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to investors. Digital Bond Issued Under Germany’s Electronic Securities Act The largest industrial manufacturer in Europe, Siemens, announced it has become one […]

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Ripple Labs Is ‘Interested’ in Bankrupt Crypto Lender Celsius and Its Assets, Company Spokesperson Says

DIGIT — Thu, 11 Aug 2022 08:30:55 +0000

According to a Ripple Labs spokesperson, the distributed ledger company is interested in learning about the bankrupt crypto lender Celsius and its assets. When Ripple’s spokesperson was asked if the blockchain firm was interested in acquiring Celsius, the company declined to say. The news follows Celsius customers begging the bankruptcy court to release funds over […]

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World Gold Council Exec Believes Blockchain Technology Will Bolster Trust in the Gold Industry

DIGIT — Mon, 08 Aug 2022 14:00:51 +0000

The World Gold Council’s (WGC) head of global sales and regional CEO, Joe Cavatoni, explained on Friday that he believes the gold industry will integrate with blockchain technology in order to “help the industry standardize reporting.” Cavatoni spoke about the London Bullion Market Association’s (LBMA) and WGC’s Gold Bar Integrity Programme (GBI) which aims to […]

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Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks

DIGIT — Wed, 13 Jul 2022 11:30:34 +0000

A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create SWIFT Substitute Using Blockchain Experts from the Competence Center […]

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Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT

DIGIT — Sat, 04 Jun 2022 11:30:02 +0000

Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an alternative to SWIFT, which is unavailable for some Russian banks. Rostec Employs Distributed Ledger Technology to Substitute SWIFT Russian state-owned corporation Rostec has built a […]

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