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Malaysia's National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market
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Malaysia's National Stock Exchange Conducts Blockchain PoC to Digitize Bond Market

Malaysia’s national stock exchange, Bursa Malaysia will conduct a blockchain Proof-of-Concept (PoC) dubbed "Project Harbour" to explore the DLT management of the country’s bonds market.

ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance
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ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

"Banks are short-sighted in determining and validating the value of the goods being financed. They have drawn a very distinctive line between Logistics and Financial institutions, where the value of the assets is entirely disconnected from the process. Thus, leaving an untapped market of unfulfilled credit demand estimated at $1.6 trillion," says ConsolFreight's CEO, Ernesto Vila.

Why the proof-of-work chain is a solution to the Byzantine Generals' Problem
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Why the proof-of-work chain is a solution to the Byzantine Generals' Problem

Why the proof-of-work chain is a solution to the Byzantine Generals' Problem

Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally
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Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally

Prior to the bearish slump, Cardano’s ADA cryptocurrency has risen around 50% since late May 2020, in light of the news of its Shelley upgrade. The Shelley mainnet is a decentralized network of community nodes operating on a proof-of-stake consensus protocol, with less central governance coming from the developers.

Japan’s SBI Acquires Stake in Securitize
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Japan’s SBI Acquires Stake in Securitize

On SBI investing in his company, Domingo said “I think that the fact that [SBI is] putting their faith and investing in a company like us [is] signifying the move towards more adoption of security tokens.”

Partner at Proof of Capital Presumes That China’s Digital Currency Could Go Live in No Time
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Partner at Proof of Capital Presumes That China’s Digital Currency Could Go Live in No Time

In her view, Edith Yeung, fund manager, and partner at Proof of Capital, a blockchain-based venture capital fund, presumed that the Chinese Government could launch their digital currency, virtual yuan, in no distant time, assumably, within the next six to twelve months.

Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020
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Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020

The Bank for International Settlements is set to issue a CBDC at the Proof of Concept stage in conjunction with the Swiss National Bank before year-end.

Ethereum's Switch to Proof-of-Stake Will be 'Substantial' to the Industry, Binance Research Suggests
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Ethereum's Switch to Proof-of-Stake Will be 'Substantial' to the Industry, Binance Research Suggests

Binance’s latest research report published on Oct. 28 stated that Ethereum’s upcoming switch to Proof-of-Stake (PoS) from Proof-of-Work (PoW) is expected to take a ‘most substantial’ portion of the crypto market’s attention.

Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade
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Ethereum Hits Major Bullish Milestones in Anticipation of the ETH 2.0 Staking Upgrade

Ethereum wallets containing 32 more or more ETH, the amount needed to stake a validator node under the upcoming ETH 2.0 upgrade has hit an all-time high. The number of Ethereum network balances with 32 ETH or more has been nearing 120,000, in anticipation of the proposed ETH 2.0 update. Validating nodes will be replacing miners in the current proof-of-work system to validate transactions to maintain the Ethereum blockchain. Over the year, the number of wallets holding at least 32 ETH has risen around 15 percent, according to Nansen AI. Although the ETH 2.0 upgrade has been delayed several times, the major upgrade is expected to be deployed in July.

More Than 700,000 ETH Staked for Ethereum 2.0 Launch
proof-of-stake

More Than 700,000 ETH Staked for Ethereum 2.0 Launch

The amount of Ethereum (ETH) locked up in the smart contract needed to transition to a proof-of-stake protocol from the current proof-of-work has surpassed the 700,000 mark.

Ethereum Transactions Hit A Record-High of 1.4 Million
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Ethereum Transactions Hit A Record-High of 1.4 Million

The Ethereum network has reached a notable milestone in its daily transactions after hitting an all-time high of 1,406,016 as availed by Etherscan data on September 17. It broke the previous record of 1.35 million attained on January 4, 2018.

International Chamber of Commerce to Deploy Blockchain-Powered App for Tamper-Proof COVID-19 Compliance Status
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International Chamber of Commerce to Deploy Blockchain-Powered App for Tamper-Proof COVID-19 Compliance Status

International Chamber of Commerce (ICC) has inked a partnership with International SOS, the globe’s biggest medical and travel security services firm, to establish a new blockchain-enabled mobile app dubbed ICC AOKpass. It will be instrumental in providing trusted and immutable recognition of persons’ COVID-19 compliance status.

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