DLT
PwC: Blockchain Technology Has the Potential to Boost Global GDP Up $1.76 Trillion By 2030
Findings from PwC indicate that by 2030, blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion.
Bank of Canada Says CBDCs Have Inherent Risks in New Study
A new report released by the Bank of Canada has revealed that the bank believes Central Bank Digital Currencies can pose security risks to users
Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?
Coronavirus has driven global economies and businesses to the ground, but one industry that has benefitted from the pandemic appears to be the tech sector.
IOTA Foundation and Jaguar Land Rover Introduce Open-Source DLT Framework
IOTA Foundation, a distributed-ledger technology developer, and Jaguar Land Rover, a leading British luxury car manufacturer, have introduced IOTA Access.
What is Ripple (XRP)?
Founded by RippleLab’s Chris Larsen and Jed McCaleb and released in 2012, Ripple is a global payment system that leverages open-source distributed ledger technology.
Gibraltar Financial Services Commission Comprehensive Updates to its DLT Regulations
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers in the country.
US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules
The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.
NASA is Funding a Blockchain Solution for Space Communication
The United States National Aeronautics and Space Administration (NASA) is funding two US-based companies to develop a blockchain solution to enhance space communication
Korea’s Jeju Island Introduces Blockchain-Fueled COVID-19 App for Tourism
To recover from COVID-19 tourism losses, South Korea has introduced a blockchain-powered digital app for visitors of Jeju Island to ensure safe travels.
Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP
Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.
Colombian Ministry of Information Technology Prioritize Public Sector Blockchain and Crypto Payment Solutions
The Colombian Ministry of Information Technology and Communications (MinTIC) believes blockchain and DLT solutions could benefit its public sector.
Federal Reserve Digital Dollar DLT Testing Underway But CBDC Monetary Policy Lags
Federal Reserve Board Governor Lael Brainaird announced that the United States Federal Reserve is currently experimenting with blockchain and DLT in pursuit of its central bank digital currency (CBDC) or digital dollar.
Goldman Sachs Explores Development of its Own Digital Token
Leading global investment bank Goldman Sachs is examining options of creating its own cryptocurrency. The bank has appointed Mathew McDermott as the worldwide head of digital assets to spearhead the realization of this dream.
Netherlands CBD Producers Harness Blockchain Technology for Enhanced Traceability
A consortium of Netherlands CBD producers called the Cannabinoid Association of the Netherlands (CAN) is leveraging blockchain technology to enhance traceability, accountability, and transparency in the CBD market.
Coca-Cola Leverages Enterprise Ethereum Blockchain to Optimize Supply Chain
Coke One North America (CONA), partner of Coca Cola’s largest US-based bottling company has announced it will use the enterprise Ethereum blockchain platform the Baseline Protocol—to enhance transparency and minimize friction in its supply chain transactions.