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HSBC Successfully Executes First Blockchain Letter of Credit in Malaysia

HSBC Successfully Executes First Blockchain Letter of Credit in Malaysia

HSBC announced its successful execution of a pilot live blockchain letter of credit (LC) transaction in Malaysia on Oct. 14.

Bakkt Launches Two New Regulated Trading Products Ahead of Schedule

Bakkt Launches Two New Regulated Trading Products Ahead of Schedule

Bakkt launched its market for physically-settled Bitcoin futures in September this year, just launched its Options tied to its Bitcoin futures today.

Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027

Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027

Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.

Dr. Ben Goertzel—Striving towards an Autonomous Decentralized and Compassionate Artificial Super Intelligence

Dr. Ben Goertzel—Striving towards an Autonomous Decentralized and Compassionate Artificial Super Intelligence

Dr Ben Goertzel is the founder and CEO of SingularityNET a blockchain-based Artificial Intelligence marketplace project. He has described the project as a medium for the creation and the emergence of the global super brain–an autonomous decentralized democratically governed artificial super intelligent network that must be biased toward compassion for the betterment of humanity.

Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions

Japan Rural Dwellers to Experience the Use of Blockchain in Property Acquisitions

A new platform has shown through trial methods that Japanese real estate fund was more efficient, transparent, and compliant with the use of digital securities and blockchain technology.

Peter Schiff Mocks BTC Reliance on Platforms like PayPal, Says "Gold is Money, Bitcoin is not"

Peter Schiff Mocks BTC Reliance on Platforms like PayPal, Says "Gold is Money, Bitcoin is not"

Bitcoin critic Peter Schiff is calling out Bitcoin again for requiring a third-party like PayPal to operate as a payment system, he said that "Gold is money and Bitcoin is not".

Ant Group Partners with Dell, Hewlett-Packard and Lenovo to Enable Access for its New Blockchain Solution—AntChain

Ant Group Partners with Dell, Hewlett-Packard and Lenovo to Enable Access for its New Blockchain Solution—AntChain

Ant Group, formerly known as Ant Financial, the payments arm of Chinese e-commerce giant Alibaba, has launched a new blockchain solution, AntChain. Ant Group has signed an agreement with Dell, Hewlett-Packard, and Lenovo to enable accessibility of IT leasing services for small to medium enterprises (SMEs) through the AntChain blockchain solution.

DeFi Liquidity Project Paradigm Labs Shuts Down, Unable to Find Niche in DEX Ecosystem

DeFi Liquidity Project Paradigm Labs Shuts Down, Unable to Find Niche in DEX Ecosystem

The ambitious DeFi liquidity project, Paradigm labs are shutting down its operations citing an inability to build a resilient business within the DEX ecosystem.

Blockchain Firms To Benefit From SEC's Upward Review of Fundraising Limits For SMEs

Blockchain Firms To Benefit From SEC's Upward Review of Fundraising Limits For SMEs

The Securities and Exchange Commission has amended its maximum fundraising limit for Small and Medium Enterprises a move that will benefit smaller blockchain firms.

Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?

Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?

Chef Nomi, the founder of decentralized exchange SushiSwap, has tranferred the SushiSwap control to FTX CEO. What's behind the event and Who is Chef Nomi?

FATF Virtual Assets Guidelines for Cryptosphere Review

FATF Virtual Assets Guidelines for Cryptosphere Review

With the growing concern of virtual assets/cryptocurrencies being used as a medium for the financing of illegal activities, the Financial Action Task Force (FATF) issues revised guidance from time to time to combat money laundering and terrorist financing involving virtual assets (VAs) and virtual asset service providers (VASPs).

Mauritius Jumps on Digital Currency Bandwagon

Mauritius Jumps on Digital Currency Bandwagon

The issuance of Central Bank Digital Currency (CBDC) has been making airwaves with nations, such as China, leading the hype. The Bank of Mauritius, the central bank of the Republic of Mauritius, seeks to join this bandwagon based on an announcement that it wants to introduce a digital currency.

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