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DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.

TrustSwap's SmartLocks Service Locked Up Four Times More than Bitcoin LN

TrustSwap's SmartLocks Service Locked Up Four Times More than Bitcoin LN

TrustSwap, a DeFi platform dedicated to enabling the execution of timed token purchases, recently announced that its SmartLocks service has officially locked over four times more value than the Bitcoin Lightning Network. While this is a major achievement on its own, it is only one of TrustSwap's many different services and it shows the potential that the project has to dominate the DeFi sector.

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain

$100 million worth of Tether (USDT) has been transferred from the Tron network, a blockchain-based decentralized operating system, to the Ethereum blockchain.

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

China Unveils Blockchain Services Network Aimed to Build Ecosystem Along with Hyperledger, Ethereum and EOS

Hyperledger Fabric, Ethereum, EOS, ChainSQL, WeBank’s FISCO BCOS, and Baidu’s Xuperchain are also planned to be added to the “ecosystem play,” and “internet environment,” as explained by Zhiguang Shan, the Chairman of the BSN’s Development Association. This network of blockchains will be available for those who are interested to take part in it, including small to medium-sized businesses.

Think Tank Releases Report on the Blockchain-Based Genetic Data Network

Think Tank Releases Report on the Blockchain-Based Genetic Data Network

Think Tank, dGen, releases a new report entitled, “AI, Privacy, and Genomics: The Next Era of Drug Design”. It tackles the issue of privacy and access to genetic data for companies using AI to speed up and improve drug design.

China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province

China’s Blockchain Services Network Now Under Major Development Alongside "Digital Fujian" Project in the Province

China’s Blockchain Services Network has been in development in the Fujian province, recently along with its 20 main blockchain projects.

Microsoft Azure Cloud Solution Architect Lead Explains the Keys to Success for Blockchain Developers

Microsoft Azure Cloud Solution Architect Lead Explains the Keys to Success for Blockchain Developers

The Microsoft Azure Blockchain Service is an enterprise service aiming to help businesses build applications on top of blockchain technology. The service is integrated with Azure Active Directory and offers tools such as adding new members, setting permissions, and monitoring the network and activity. Blockchain.News interviewed Saranya Sriram, the Head Cloud Solution Architect at Microsoft Azure, to find out more about the platform.

Unstoppable Domains and Chainlink Introduce Twitter Verification for Crypto Payments

Unstoppable Domains and Chainlink Introduce Twitter Verification for Crypto Payments

Unstoppable Domains and Chainlink, the secure oracle network, have launched a Twitter authentication service for .crypto addresses.

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank

The partnership between Standard Chartered Bank, bKash of Bangladesh, and Valyou of Malaysia has given Bangladesh its first blockchain-based cross-border remittance service.

European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC

European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC

The EC seeks industry tenders for the European Blockchain Service Infrastructure (EBSI) - a European blockchain solution that could inadvertently see BTC and XRP soar.

Coincover Sets Eyes on Crypto-based Insurance Service

Coincover Sets Eyes on Crypto-based Insurance Service

Coincover, a Cardiff based start-up in the United Kingdom, has gone a notch higher by introducing a crypto-based insurance service. The primary objective of this move is deterring asset loss and theft in the cryptocurrency space.

SBI Group Introduces Blockchain-Based Money Transfer Service Between Japan And Vietnam

SBI Group Introduces Blockchain-Based Money Transfer Service Between Japan And Vietnam

SBI Ripple Asia recently announced that it has joined hands with SBI Remit to provide money transfer services between Japan and Vietnam using blockchain technology. Of course, the two Japanese companies are working with a local Vietnamese bank – Tien Phong commercial joint stock bank – for making the transfer in fiat currency.

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