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Thailand’s Bank of Ayudhya Unveils Blockchain-Based Platform for Cross-Border Funds Transfers

Thailand’s Bank of Ayudhya Unveils Blockchain-Based Platform for Cross-Border Funds Transfers

Smart contracts and blockchain play more of a key role in the economic and social growth of modern society. For example, Thailand’s Bank of Ayudhya demonstrates how the use of blockchain technology leverages cross-border funds transfers.

Cardano to Launch ERC-20 Converter and Cross-Chain Communication for Interoperability Between Networks Including Bitcoin

Cardano to Launch ERC-20 Converter and Cross-Chain Communication for Interoperability Between Networks Including Bitcoin

Cardano founder and IOHK CEO Charles Hoskinson recently announced in his YouTube video that the current roadmap for the Shelley hard fork will be going according to plan, scheduled on July 29, 2020.

Polkadot: A Decentralized Center for Specialized Blockchain Interoperability

Polkadot: A Decentralized Center for Specialized Blockchain Interoperability

Polkadot could be one of the most carefully crafted blockchain projects to date, allowing for better coordination and communication between blockchains.

WEF Launches Blockchain Proof of Concept to Track Supply Chain Greenhouse Gas Emissions

WEF Launches Blockchain Proof of Concept to Track Supply Chain Greenhouse Gas Emissions

The World Economic Forum’s Mining and Metals Blockchain Initiative has launched a unique proof of concept to track greenhouse gas emissions across the value chain.

Australia Uses Blockchain to Enhance Cross Border Trade With Singapore

Australia Uses Blockchain to Enhance Cross Border Trade With Singapore

The Australian Border Force (ABF) is launching a blockchain trial that is targeted at enhancing cross border trades with Singapore

Machine Learning Network Fetch.ai Shares Vision of Interoperable Blockchains

Machine Learning Network Fetch.ai Shares Vision of Interoperable Blockchains

Fetch.ai has a vision: to bring machine learning services to every ledger and blockchain.

World Bank Pushes to Raise the Bar for FinTech and DLT for Cross-Border Interoperability and Financial Inclusion

World Bank Pushes to Raise the Bar for FinTech and DLT for Cross-Border Interoperability and Financial Inclusion

The World Bank Group has recently published a study, issued by the Bank for International Settlements (BIS) on “Payment aspects of financial inclusion in the FinTech era,” highlighting the concepts derived using blockchain, including stablecoins, and central bank digital currencies (CBDCs).

How Ripple-Backed Bitso Plans to Expand Cross-Border Crypto Remittance Services in Latin America

How Ripple-Backed Bitso Plans to Expand Cross-Border Crypto Remittance Services in Latin America

Ripple-backed crypto exchange Bitso announced that it will expand its cross-border crypto remittance services in Latin America through a $62 million investment.

Coca-Cola Bottlers Acquires SAP’s Blockchain Technology to Streamline Soda Supply Chain Processes

Coca-Cola Bottlers Acquires SAP’s Blockchain Technology to Streamline Soda Supply Chain Processes

The current breaking news indicates that Coca-Cola bottlers now is rolling out SAP’s blockchain to make its supply chain more efficient and transparent.

ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

ArcBlock Blockchain Platform 1.0 to Hasten Development of Decentralized Networks

ArcBlock has released an updated framework called ArcBlock Blockchain Platform 1.0. It will assist businesses and developers to quickly manage and build decentralized applications and blockchain networks.

China Looking into the Application of Blockchain and AI for Cross-Border Financing

China Looking into the Application of Blockchain and AI for Cross-Border Financing

China is researching the application of blockchain technology and artificial intelligence in cross-border financing, focusing on risk management.

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Blockchain has been making headlines for quite some time now and banks have been widely talking about distributed ledger technology. Several financial institutions and banks have set up innovation labs to carry out proof of concepts so that to explore modern-day technology. A few days ago, Singapore’s Central Banks and JPMorgan announced that they are working on a blockchain pilot system, which is identified to have the potential to initiate multi-currency cross-border payments.

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