distributed ledger technology

This Week in Web3: Understanding Blockchain Solutions for Business Challenges
This Week in Web3: Understanding Blockchain Solutions for Business Challenges
November 20, 2024  |  Blockchain

At its core, blockchain is a distributed ledger technology (DLT) that records transactions across multiple computers in a secure, immutable and transparent manner. Unlike traditional...

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This Week in Web3: FTX Engineer Singh Walks, Crypto Payments Surge
This Week in Web3: FTX Engineer Singh Walks, Crypto Payments Surge
October 30, 2024  |  Cryptocurrency

For almost their entire history, despite designs to the contrary, the primary role of cryptocurrencies and digital assets has been confined largely to trading and...

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Why Cross-Border Payments Innovation Starts and Ends With Ledger Technologies
Why Cross-Border Payments Innovation Starts and Ends With Ledger Technologies
October 29, 2024  |  Cross Border Commerce

In the history of finance, few tools are as fundamental as the all-mighty ledger. This holds particularly true as it relates to the timeline and...

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SKUx and Mondelez Launch Blockchain-Centered Payments Partnership
SKUx and Mondelez Launch Blockchain-Centered Payments Partnership
October 16, 2024  |  Blockchain

Digital payments firm SKUx has wrapped up the first phase of a blockchain-focused partnership with Mondelēz. SKUx is working with the consumer packaged goods giant on a payments...

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Citi Debuts Token Services for Cash Cross-Border Payments Tool
Citi Debuts Token Services for Cash Cross-Border Payments Tool
October 10, 2024  |  Cross-border Payments

Citi says its Token Services for Cash program has gone live after a pilot phase. The new commercial solution, announced Thursday (Oct. 10), processes multimillion-dollar...

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Fed Enforcements Now Focus on Instant Payments and Tokens
Fed Enforcements Now Focus on Instant Payments and Tokens
August 09, 2024  |  Bank Regulation

A recent enforcement action by the Federal Reserve taken against Customers Bancorp and its Customers Bank subsidiary has taken note of the risks and challenges...

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Bank of England Announces CBDC Experiments
Bank of England Announces CBDC Experiments
July 30, 2024  |  CBDC

The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Citing growing innovations and...

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Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
March 18, 2024  |  Blockchain

For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents...

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FDIC Vice Chair: Tokenization ‘Beginning’ to Deliver Benefits  
FDIC Vice Chair: Tokenization ‘Beginning’ to Deliver Benefits  
March 13, 2024  |  Blockchain

Blockchain is full of promise, cryptocurrency perhaps less so, and tokenization is already shifting what it means to “own” an asset. In a speech delivered...

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