Search Results for "bis"
Bank of England Tests DLT Settlement System
The Bank of England and the BIS Innovation Hub London Center successfully tested a distributed ledger technology-powered settlements system through Project Meridian, which could be extended to other asset classes to reduce time, costs, and risks of transactions.
Mitsubishi UFJ Trust Bank and Ginco Collaborate to Offer Japan's First Crypto Asset Trust Services
Mitsubishi UFJ Trust Bank and Ginco are partnering to provide Japan's first-ever trust services for crypto assets, in line with Japan's Payment Services Act and tax reforms.
BIS and Global Central Banks to Explore Asset Tokenization in "Project Agora"
The BIS collaborates with major central banks to study asset tokenization's potential to enhance the monetary system and cross-border efficiencies.
Four Countries to Conduct Cross Border CBDC Payment Trials
The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use CBDCs in cross border payments.
Why Young Investors are Increasingly Investing in Crypto and Cannabis
Crypto and cannabis markets seem to be attracting a rising number of young investors. Why is this so?
California Cannabis Grower Using Blockchain For Tracking
Blockchain and smart contracts help a California cannabis nursery authenticate its therapeutic plants. EMTRI and Global Compliance Applications announced a relationship with Mendocino Clone Company, a nursery. It will use blockchain to batch-certify all clones, or baby plants.
BIS Launches Project Icebreaker with Central Banks to Explore CBDC
The Bank for International Settlements (BIS) has rolled out Project Icebreaker with the central banks of Sweden, Norway, and Israel to see how CBDCs can be utilized for international remittance and retail payments.
Ubisoft Launches Digits, the First AAA-level Game Energy-saving NFT
Video game developer and publisher Ubisoft launches its own NFT called Digits on its Ubisoft Quartz NFT platform, stepping into the field of encrypted NFT.
9 in 10 Central Banks are Eyeing CBDCs, BIS Study Shows
90% of apex banks have shown intentions of rolling out central bank digital currencies (CBDCs), according to a study by the Bank for International Settlements (BIS).
BIS analysis reveals unequal CBDC uptake in Africa
CBDC helps African central banks implement monetary policy. A CBDC would save money on banknotes, transportation, and storage. Sub-Saharan Africa sends two-thirds of the world's money.
BIS Identifies Three Key Factors as Challenges of Wholesale CBDC
The Central Bank Digital Currency (CBDC) project of the Bank for International Settlements (BIS) is generating more questions than answers as the multinational banking institution weighs in the technical and governance challenges that embody the attempt to create a multi-platform CBDC product.
Mitsubishi to Digitize Metal Resource Trade on Blockchain Platform
Mitsubishi Corporation has launched a blockchain platform to streamline and digitize metal trading via its metals and minerals subsidiary.