Blockchain

Euroclear, HSBC join Singapore’s GL1 public permissioned blockchain initiative –

Image by Ledger Insights Five banks have been working with the Monetary Authority of Singapore (MAS) to flesh out its vision of the Global Layer One (GL1) blockchain, a public permissioned blockchain network that could form the foundation of numerous applications. The five institutions are BNY, Citi, J.P. Morgan, MUFG and Societe Generale-FORGE. They will …

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Bakong blockchain provider Soramitsu partners Nigerian public research body Image by Ledger Insights

Today Japan’s Soramitsu announced a strategic partnership with the Nigerian Institute of Social and Economic Research (NISER), a government funded research body and think tank. The collaboration is for blockchain technology research and to develop skills and applications in Nigeria. Soramitsu is best known as the developer of Bakong, Cambodia’s very successful digital currency payment …

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Amazon, Walmart mull stablecoin issuance – report

Image by Ledger Insights The Wall Street Journal reported today that Amazon and Walmart are exploring potentially issuing their own stablecoins, or failing that, using an existing one. A lot depends on the outcome of the GENIUS Act stablecoin legislation winding its way through the Senate. Another e-commerce giant mulling a digital currency is travel …

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Pudgy Penguins To Launch PENGU Token on Solana Blockchain

Image by The Crypto Times The company itself will retain 11.48% of the token supply, also with similar vesting conditions. Pudgy Penguins, one of the most popular NFT projects, is launching its cryptocurrency called PENGU later this year. The announcement was made by the Pudgy Penguins team in a post on X on Thursday. The …

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Tokenized Apollo fund launched on 6 public blockchains

Image by Ledger Insights Today tokenization firm Securitize announced a partnership with alternative asset manager Apollo Global (AUM $512 billion) to tokenize one of its funds. Securitize is creating a new tokenized feeder fund for the Apollo Diversified Credit Securitize Fund (“ACRED”). The fund will be available on six blockchains following Securitize going live with …

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Mastercard and JPMorgan to Bring B2B payments on Blockchain

Image by The Crypto Times Mastercard (MA) has integrated its blockchain-based Multi-Token Network (MTN) with JPMorgan’s (JPM) newly rebranded digital assets platform, Kinexys (formerly JPM Coin), to improve business-to-business (B2B) cross-border payments. The collaboration aims to deliver greater transparency, faster settlements, and reduced time zone-related delays. Mastercard launched the MTN in mid-2023 as a platform …

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Bakong blockchain provider Soramitsu partners Nigerian public research body

Image by Ledger Insights Today Japan’s Soramitsu announced a strategic partnership with the Nigerian Institute of Social and Economic Research (NISER), a government funded research body and think tank. The collaboration is for blockchain technology research and to develop skills and applications in Nigeria. Soramitsu is best known as the developer of Bakong, Cambodia’s very …

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

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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Taraba State Trains 100 Nigerians in Blockchain Skills

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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