distributed ledger technology

Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
February 28, 2024  |  Blockchain

Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. In large part by finding historical opportunity areas within the traditional...

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Citi Completes Proof of Concept on Tokenization of Private Markets
Citi Completes Proof of Concept on Tokenization of Private Markets
February 14, 2024  |  Technology

Citigroup has partnered with Wellington Management and WisdomTree to explore the tokenization of private markets. The collaboration successfully completed a proof of concept on the...

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DLT’s Role in Traditional Finance May Scale With Tokenized Loans
DLT’s Role in Traditional Finance May Scale With Tokenized Loans
December 15, 2023  |  Blockchain

Distributed ledger technology (DLT) has long been promised to upend traditional financial services. The common refrain has been that blockchain would do so by disintermediating...

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RYVYL and R3 Launch Blockchain-as-a-Service Platform
RYVYL and R3 Launch Blockchain-as-a-Service Platform
December 14, 2023  |  Blockchain

Blockchain ledger-based payments platform RYVYL has partnered with distributed ledger technology firm R3. The collaboration, announced Thursday (Dec. 14), comes in the form of “RYVYL Block,” described by...

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Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
August 28, 2023  |  Regulation

A new Federal Reserve supervisory letter on the process for state member banks using dollar tokens, such as stablecoins, to facilitate payments has drawn the...

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Standard Charter Expects Bitcoin to Reach $120,000 by End of 2024
Standard Charter Expects Bitcoin to Reach $120,000 by End of 2024
July 10, 2023  |  Cryptocurrency

Standard Chartered has raised its bitcoin price predictions after seeing increased miner profitability. The bank now projects the crypto asset to reach a price $50,000...

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NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
December 07, 2022  |  CBDC

A group of large banks is preparing to test a shared digital asset settlement platform. According to the announcement, the study is set to take...

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SWIFT Shapes Global CBDC Framework Following 8-Month Study
SWIFT Shapes Global CBDC Framework Following 8-Month Study
October 05, 2022  |  CBDC

A study analyzing the international use of central bank digital currencies (CBDCs) and the underlying distributed ledger technologies (DLTs) shows promise for cross-border interoperability among...

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BIS: Cross-Border Crypto Payments Need New Regulatory Framework
BIS: Cross-Border Crypto Payments Need New Regulatory Framework
May 20, 2022  |  Cryptocurrency

It’s been widely acknowledged that blockchain can dramatically cut the cost, speed and complexity of cross-border payments. But the monumental task of regulating that market...

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