smart contracts

A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.

Source: en.wikipedia.org

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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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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Spanish FinTech Fence Raises $2 Million for Debt Management Software
Spanish FinTech Fence Raises $2 Million for Debt Management Software
November 20, 2023  |  Investments

Spanish FinTech company Fence has reportedly raised 1.8 million euros (about $2 million) in its pre-seed financing round. The firm will use the new funding...

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MaxxChain Employs Blockchain for Faster Trucking Payments
MaxxChain Employs Blockchain for Faster Trucking Payments
November 19, 2023  |  Blockchain

Web3 platform MaxxChain has introduced blockchain solutions for the logistics sector. The initiative, announced Friday (Nov. 17), “provides a seamless, transparent, and efficient approach to funding by...

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How AI Regulation Could Shape Three Digital Empires
How AI Regulation Could Shape Three Digital Empires
June 29, 2023  |  Regulation

Artificial intelligence (AI) offers a new tool to genuinely help advance human learning and thought. We are the first generation in the history of humanity...

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ECB Says Yes to Programmable Payments, No to Programmable Money
ECB Says Yes to Programmable Payments, No to Programmable Money
January 25, 2023  |  CBDC

Programmability is one of the major draws of digital money. It is also one of the features of cryptocurrencies that is being seriously considered by...

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Russian Central Bank Eyes Digital Asset Rules
Russian Central Bank Eyes Digital Asset Rules
November 08, 2022  |  Regulation

Russia’s central bank is reportedly considering new regulations and rules for taxing non-fungible tokens (NFTs), smart contracts and trading digital assets.  The Bank of Russia...

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Blockchain-Based Smart Contracts Can Cut Escrow Costs, Prevent Mortgage Fraud
Blockchain-Based Smart Contracts Can Cut Escrow Costs, Prevent Mortgage Fraud
September 28, 2022  |  Blockchain

When talking about crypto’s use in real estate, most people think about buying and selling property with bitcoins or tokenizing and fractionalizing property titles via...

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