Blockchain-Cryptocurrency Technology Will Lead The Global Sustainability Movement
Energy poverty is currently one of the major concerns of national governments, with first-world countries facing severe energy shortages. For example, a Eurostat report showed <a target="_blank" href="https://energy.ec.europa.eu/topics/markets-and-consumers/energy-consumer-rights/energy-poverty-eu_en">35 million European Union (EU) citizens</a>, accounting for 8% of the EU population, could not use house heaters during the 2020 winter. Furthermore, the Russia-Ukraine war and supply chain disruptions led to inflationary pressures, resulting in unaffordable energy prices.
Bank of Japan to Run CBDC Experiments With Country's Megabanks: Report
The Bank of Japan (BoJ) has planned experiments on a digital yen with three megabanks and regional banks in the country, Nikkei reported on Wednesday.
Singapore’s DBS Bank Completes Intraday Repurchase Transaction on JPMorgan’s Blockchain-Based Platform
Singapore-based DBS bank, the largest lender in Southeast Asia, has said it is the first bank in Asia to complete an intraday repurchase transaction on a blockchain-based network.
Apollo and Hamilton Lane Launch Blockchain Investment Vehicles With Figure
Asset managers Apollo Global Management and Hamilton Lane are launching investment vehicles on the blockchain using technology developed by fintech company Figure.
Web3 Accelerator Masterblox Wants More Women in Web3
Masterblox, a Lisbon-based crypto marketing company, has pledged to bring greater gender parity to the world of web3. Masterblox CEO Isabella Händel is on a mission to highlight the shortage of women working in the industry in a bid to foster greater inclusivity.
Finastra Enables Digitalization of OTC Derivatives
Finastra, a provider of financial software apps, announced on Tuesday a partnership with Fragmos Chain, a blockchain technology platform, which will enable the digitalization of over-the-counter (OTC) derivatives.
Orbeon Protocol Aims To Protect Users From Scams and Rug-Pulls
Recent years have seen a proliferation of scams in the crypto industry, with investors losing billions of dollars to fraudulent projects. The problem has been exacerbated by the decentralized nature of the industry, which makes it difficult to track and prosecute scammers.
First Latin American Bank Joins Blockchain-Based TradeAssets
Banco Latinoamericano de Comercio Exterior (Bladex), a Latin American and Caribbean countries bank, informed on Monday that it had entered into a partnership agreement with Dubai-based TradeAssets blockchain platform for financial institutions operated by Fintech Innovations International DMCC.
Integrating Blockchain Technology into the Retail Industry
It is not news that blockchain technology is revolutionizing more and more industries worldwide. And when it comes to the retail industry, there are many benefits to using blockchain technology.
Tuvalu Aiming To Become First Country To Replicate Itself in Metaverse
The small Polynesian island country of Tuvalu has announced it will leverage the use of the metaverse to recreate a digital version of itself in response to rising sea levels.