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Grayscale Announces the Launch of its Diversified Crypto Investment System for Trading

Grayscale Announces the Launch of its Diversified Crypto Investment System for Trading

Grayscale Investments, the American-based crypto management fund, announced a plan to launch its diversified crypto investment system for trading. This investment product is known as Grayscale Digital Large Cap Fund (GDLCF), and trading will begin in no distant time with access to US securities.

Cardano’s Project Catalyst: Building a Decentralized Financial System to Remove "Top-Down" Governance

Cardano’s Project Catalyst: Building a Decentralized Financial System to Remove "Top-Down" Governance

In order to fulfill the final components for Cardano’s Voltaire, including its evolution into a self-sustainable blockchain, IOHK introduced a new experimental treasury system combining proposal and voting procedures — Project Catalyst.

Indian Engineering Students Develop Blockchain-based Smart Voting System

Indian Engineering Students Develop Blockchain-based Smart Voting System

Three Computer Engineering Students have created a Blockchain-based Voting System which will allows casting of votes online, instead of the manual means of standing in a poll.

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

Australian Securities Exchange Postpones Migration to Blockchain Settlement System Due to Coronavirus Concerns

The Australian Securities Exchange has further postponed the replacement of its current CHESS system with a new blockchain-based settlement system due to coronavirus concerns.

China’s First National Level Blockchain Cross-Border Financial System Goes Live

China’s First National Level Blockchain Cross-Border Financial System Goes Live

China Guangfa Bank (CGB), a major Chinese bank, has officially launched the blockchain-based cross-border financial service platform on June 15, with the guidance of the Guangdong Branch of the State Administration of Foreign Exchange.

Visa Launches a Blockchain System that Algorithmically Ensures Fairness

Visa Launches a Blockchain System that Algorithmically Ensures Fairness

Visa, a prominent card payment solution provider, has developed a blockchain-driven system dubbed LucidiTEE that seeks to enable multiple parties to compute large-scale private data jointly. This is touted to happen in such a way that policy compliance is guaranteed even if the input providers are offline.

Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts

Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts

US cryptocurrency exchange Coinbase has been awarded a new patent from the US Patent and Trademark Office for an automated system to flag and remove non-compliant user accounts.

Allianz Advances with Blockchain-Based Token System

Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector.

Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System

Huawei and Beijing Municipal Government Develop Blockchain-Based Data Directory System

Telecoms giant Huawei has joined hands with the Beijing Municipal Government to create a blockchain-powered directory system. It is aimed at addressing the headache of weak applications, scattered coordination, and data sharing in various departments.

IBM Opens Quantum Computation Center in New York

IBM Opens Quantum Computation Center in New York

On September 18th, IBM announced the opening of the IBM Quantum Computation Center in New York State which will house the world's largest fleet of quantum computing systems for commercial and research activity that exist outside of an experimental lab environment.

Banks in Brazil Set to Introduce New Payment System to Rival Cryptocurrency

Banks in Brazil Set to Introduce New Payment System to Rival Cryptocurrency

The central bank of Brazil is looking to provide a 24-hour payment system with a speed capacity of 10 seconds via the use of mobile apps, internet banking, and ATMs. Code named PIX, it is set to directly rival the use of cryptocurrency in the country.

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Blockchain has been making headlines for quite some time now and banks have been widely talking about distributed ledger technology. Several financial institutions and banks have set up innovation labs to carry out proof of concepts so that to explore modern-day technology. A few days ago, Singapore’s Central Banks and JPMorgan announced that they are working on a blockchain pilot system, which is identified to have the potential to initiate multi-currency cross-border payments.

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