transaction transparency
South Korean Crypto Exchanges Reveal 'Compensation Reserve Funds'; Upbit Leads with KRW 20 Billion
The disclosure of 'Compensation Reserve Funds' by South Korean crypto exchanges, led by Upbit with KRW 20 billion, reflects the country's broader regulatory strides aimed at ensuring user protection, transaction transparency, and market discipline. This move aligns with the new regulatory framework set to be implemented in 2024, spotlighting the government's agenda to foster a robust infrastructure for digital assets, with the reserve fund mandate forming a cornerstone of this initiative.
Standard Chartered Undertakes First Cross-Blockchain Trade Transaction Between Hong Kong and Mainland China
Standard Chartered has made a milestone by completing its first cross-blockchain trade finance pilot transaction between Hong Kong and China.
EY Ops Chain: Bringing Transparency and Accountability to Public Finance Management
Blockchain.News sat down with Jimmy Ong, EY Asia-Pacific Blockchain Leader to take a deep dive in EY Ops Chain and EY Blockchain Analyzer. In particular, we explore how EY Ops Chain facilitates a more transparent public finance tracking. Ong also shared an interesting use case when EY Ops Chain enables the tracking of blood in Canada.
Verizon's New Blockchain Verification Tool 'Full Transparency' Combats Fake News
Verizon has unveiled a blockchain-based solution dubbed 'Full Transparency' for the verification of news and media releases.
CBDC Privacy and Transparency: Double-Edged Sword of Blockchain
Privacy and transparency of CDBC, to enslave us or free us? that's the question.
What are Smart Contracts and Why are They Important?
Since the lack of transparency puts the security of any transaction in jeopardy, this as now a problem of grave concern, so how do smart contracts solve these problems?
Bitcoin Transaction Fees Soar After Block Reward Halving
Bitcoin transaction fees continue to soar after halving.
Bitcoin Transaction Fees Altering its Ecosystem
Bitcoin (BTC) transaction fees entail the amount charged for your proceedings to be handled by a miner and approved by the Bitcoin network.
CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing
CIMB Bank Singapore and iTrust have collaborated in the first-ever successful blockchain trade financing transaction.
Sky, O2, And Unilever Enter Blockchain Project for Digital Advertising Transparency
Advertisers across the industry are looking for ways to increase transparency in their digital campaigns. Blockchain appears to be a potential solution in this respect. Recently, Sky, O2, and Unilever have joined a blockchain pilot designed to boost digital advertising transparency.
The Algorand Foundation to Integrate Chainalysis KYT for Transaction Monitoring and Compliance
The Algorand Foundation will be leveraging Chainalysis’ Know Your Transaction (KYT) for transaction monitoring and compliance processes after its integration.
Ripple CEO: Global Governments Now See Blockchain Solution to Addressing Transparency and Settlement
Brad Garlinghouse, Ripple CEO, believes most governments consider blockchain technology a game-changer as it solves frictions like transparency and settlement that were a headache in yesteryears.
HSBC Becomes the First Bank to Finance Transaction via Hyperledger
Multinational banking giant, HSBC has reportedly become the first bank to complete a financial transaction using the blockchain trade platform, we.trade based in Europe.