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DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Inc has disclosed that preparations are underway to start supporting some cryptocurrencies directly on its network by the end of the year.

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain

$100 million worth of Tether (USDT) has been transferred from the Tron network, a blockchain-based decentralized operating system, to the Ethereum blockchain.

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

Hyperledger Fabric, Ethereum, EOS, ChainSQL, WeBank’s FISCO BCOS, and Baidu’s Xuperchain are also planned to be added to the “ecosystem play,” and “internet environment,” as explained by Zhiguang Shan, the Chairman of the BSN’s Development Association. This network of blockchains will be available for those who are interested to take part in it, including small to medium-sized businesses.

Tether's Blockchain Ecosystem Continues to Grow with USDT Launch on Bitcoin Cash Network

Tether's Blockchain Ecosystem Continues to Grow with USDT Launch on Bitcoin Cash Network

Tether’s USDT token, the world’s largest stablecoin by marketcap, has launched on the Bitcoin Cash network. USDT is also available on Algorand, EOS, Tron, Omni and the Liquid Network.

Ethereum Network Planned Hard Fork Delayed Due to Late Acceptance of EIPS

Ethereum Network Planned Hard Fork Delayed Due to Late Acceptance of EIPS

The blockchain infrastructure company running the core of the Ethereum network has delayed the planned hard fork launch until September 6th. 

Algorand Blockchain Network Now Certified for Sharia Compliant Financing

Algorand Blockchain Network Now Certified for Sharia Compliant Financing

The Algorand Foundation announced that its blockchain network has now been certified as Sharia compliant for the inclusion of Islamic financial markets.

First Private Bank Joins Turkish Digital Asset Blockchain Network

First Private Bank Joins Turkish Digital Asset Blockchain Network

Garanti BBVA, the second-largest private bank in Turkey with $104 billion of consolidated assets has confirmed that it will be the first and only private bank joining the Turkish Digital Asset Blockchain Network.

China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province

China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province

China’s Blockchain Services Network has been in development in the Fujian province, recently along with its 20 main blockchain projects.

Franklin Templeton to Enable Money Fund Shares on Stellar Network

Franklin Templeton to Enable Money Fund Shares on Stellar Network

Global investment fund Franklin Templeton Investments filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a money market fund where shares would be recorded and tokenized on the Stellar Network.

TRON Toasts Tether Takeover in Bumper Year for Blockchain Network

TRON Toasts Tether Takeover in Bumper Year for Blockchain Network

2020 will go down as a good year for crypto and a very good year for TRON. While the entire industry came on in leaps and bounds, the progress made within the ever-expanding TRON ecosystem was particularly impressive, giving even its skeptics pause for thought.

Bitfinex Integrates Tether Stablecoin into the OMG Network as Ethereum Network Faces Congestion Issues

Bitfinex Integrates Tether Stablecoin into the OMG Network as Ethereum Network Faces Congestion Issues

Bitfinex cryptocurrency exchange has announced that it has integrated Tether (USDT) into the OMG network. The integration is set to reduce transaction confirmation and fees. The crypto exchange will enable Tether withdrawals and deposits on the OMG network. OMG network, previously known as OmiseGo, is a scaling platform, which enables peer-to-transactions in real-time, a solution that enhances the scalability of the Ethereum network.

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