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Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

The Federal Reserve's research and development on a central bank digital currency issuance has been complemented by several regional Federal banks' efforts.

Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026

Allied Market Research: Blockchain Identity Management Will be a $11.46 Billion Market by 2026

Allied Market Research, a US-based research and advisory company, has reported that the worldwide blockchain identity management sector will escalate to $11.46 billion by 2026 from $107 million recorded in 2018. This will represent a compound annual growth rate (CAGR) of 79.2% because blockchain is touted to offer an immutable, interoperable, and unified infrastructure needed in the storage of digital identities.

Central Bank of Brazil Forms a Digital Currency Study Team to Drive CBDC Research Forward

Central Bank of Brazil Forms a Digital Currency Study Team to Drive CBDC Research Forward

The Central Bank of Brazil is planning the potential issuance of a Central Bank Digital Currency (CBDC) by setting up a research study group.

Monetary Authority of Singapore Sets Up New Institute of Digital Finance for Boosting Fintech and Digital Asset Research

Monetary Authority of Singapore Sets Up New Institute of Digital Finance for Boosting Fintech and Digital Asset Research

The Monetary Authority of Singapore (MAS) has teamed up with the National Research Foundation, and the National University of Singapore to set up a research institute that will develop and support the needs of digital financial services in Asia.

India's Largest Shipping Port Operator Adopts Maersk-IBM Blockchain Platform

India's Largest Shipping Port Operator Adopts Maersk-IBM Blockchain Platform

In the latest development, India’s largest port operator announced on May 27 it is adopting blockchain technology through its shipping and invoicing business.

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Japan’s central bank has recently revealed that it has created a new team to research on Central Bank Digital Currencies.

Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT

Bank of Korea Speeds up Digital Currency Research, States Central Banks are Driven towards DLT

The Bank of Korea (BoK), South Korea’s central bank and monetary issuer, has released its research on the use of digital currencies and blockchain technology for the banking industry.

IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder

IBM Joins Trade Finance Blockchain Platform We.Trade As New Shareholder

IBM has announced a new collaboration with blockchain-based trade finance platform, we.trade to enhance network capabilities and accelerate the global growth of the platform. We.trade was designed to connect buyers, sellers, banks, insurers, and other organizations in a network, simplifying cross-border trading. Built on the latest version of the IBM Blockchain Platform, IBM has been the platform’s technology partner since the beginning. We.trade was also the first enterprise blockchain consortium to go live, back in early 2018.

IBM Takes Majority Control of Hyperledger Blockchain Steering Board

IBM Takes Majority Control of Hyperledger Blockchain Steering Board

IBM has doubled the number of its employees on the technical steering committee (TSC) of Hyperledger according to an announcement by the TSC last week. IBM now holds six out of the eleven committee seats which has raised concerns about the tech giant’s new found influence on the enterprise blockchain consortium.

IBM and Verizon Business Collaborate on 5G and AI Edge Computing Innovation

IBM and Verizon Business Collaborate on 5G and AI Edge Computing Innovation

Tech giant IBM is collaborating with Verizon Business to help usher in the future of Industry 4.0 through their respective expertise on edge computing innovation and 5G technology.

Thailand Blockchain Community Partners with IBM to Expand $300M Electronic Letter of Guarantee Platform

Thailand Blockchain Community Partners with IBM to Expand $300M Electronic Letter of Guarantee Platform

Thailand Blockchain Community Initiative (BCI) has joined hands with IBM to extend the scope and reach of the blockchain-powered electronic letter of guarantee.

Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Cryptocurrency investment solution provider Intelligence Unit (IU) announced a partnership with Japanese-based consulting company Nomura Research Institute (NRI) to introduce a new cryptocurrency index, popularly known as IU/NRI Crypto-Asset Index.

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