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Chainlink Launches Framework to Connect Banks with Blockchain

Image by The Crypto Times Today, Chainlink announced the Chainlink Runtime Environment (CRE) framework designed to help banks, payment systems, and other traditional financial institutions connect smoothly with blockchain technology. According to the press release, the CRE will replace older technologies like COBOL and the Java Runtime Environment (JRE). COBOL, introduced in 1959, was crucial …

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England tables Bill to clarify digital asset property rights

发表评论 / English, 消息 / 作者： shinly lee

Image by Ledger Insights The UK’s Ministry of Justice has introduced a new Bill to Parliament aiming to clarify that digital assets and certain other things can be considered as ‘property’ in England and Wales. It will cover many digital assets such as cryptocurrencies, non-fungible tokens, voluntary carbon credits and in-game digital assets. It follows …

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UAE’s RAKBANK uses mBridge wholesale CBDC solution for Chinese payment

发表评论 / English, 消息 / 作者： shinly lee

Image by Ledger Insights Earlier this week the UAE’s RAKBANK confirmed it made its first cross border payment using the mBridge platform. mBridge is multi-wholesale CBDC payment solution founded by the BIS Innovation Hub and the central banks of Thailand, Hong Kong, China and the UAE, with Saudi Arabia joining in June. In the same …

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Barclays explores digital pound design options

发表评论 / English, 消息 / 作者： Linda Li

Image by Ledger Insights Last year Barclays published a report on the “functional equivalence” of central bank digital currency (CBDC). In other words, the need for a CBDC and commercial bank money to have similar functionality. While that may seem obvious, there’s a fair bit of work to be done for a CBDC to deliver …

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Swift plans to settle digital securities transactions using Swift payments

发表评论 / English, 消息 / 作者： Linda Li

Image by Ledger Insights Today Swift outlined its vision for digital assets and payments. That includes potentially supporting the settlement of digital asset transactions using the Swift network. However, the first step will be to enable “multi-ledger Delivery-versus-Payment (DvP) and Payment-versus-Payment (PvP) transactions on Swift’s secure, global platform.” Many view a lack of regulated …

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Taraba State Trains 100 Nigerians in Blockchain Skills

发表评论 / English, 消息 / 作者： Linda Li

Image by The Crypto Times The Taraba State government, in partnership with the Algorand Foundation, has successfully trained around 100 young Nigerians in blockchain technology and software development. According to local reports, this training program lasted for a week and was wrapped up on Sunday. Taraba State Governor, Agbu Kefas, who was represented by Deputy …

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China mulls how to incentivize CBDC adoption by payment providers, consumers

发表评论 / English, 消息 / 作者： Linda Li

Image by Ledger Insights We recently reported that China’s central bank digital currency (CBDC), the eCNY, processed $56 billion in transactions in a single month. It reached a cumulative volume of RMB 7 trillion, which is nearing the $1 trillion mark ($932 billion to be precise). However, a fair proportion is business usage. Stories continue …

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Offchain Labs Launches Arbitrum Stylus for DApp Development

发表评论 / English, 消息 / 作者： Linda Li

Arbitrum Stylus Revolutionizes DApp Development by Integrating Multiple Languages, Significantly Boosting Performance and Reducing Costs. Image by The Crypto Times Offchain Labs has launched Arbitrum Stylus, a new virtual machine designed to support development of decentralized applications (DApps) by expanding support for different programming languages. This innovation could significantly alter the Web3 environment by reducing …

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