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China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance

China’s petrochemical industry has accomplished the first-ever blockchain-enabled digital warehouse receipt pledge financing transaction to minimize costs.

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

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.

Bakkt Opens Long-Awaited Bitcoin Warehouse For Deposit and Withdrawal

Bakkt Opens Long-Awaited Bitcoin Warehouse For Deposit and Withdrawal

Bakkt has finally announced the launch of its long-awaited for the withdrawal and deposit of Bitcoin, Bakkt had said in its announcement that it's potential clients are customers who are willing to deposit and withdraw Bitcoin.

HSBC and Wave Facilitate Blockchain-Powered Trade Between New Zealand and China

HSBC and Wave Facilitate Blockchain-Powered Trade Between New Zealand and China

HSBC and Wave facilitated a blockchain trade transaction for the shipment of milk powder from New Zealand dairy processor Fonterra to China’s Sichuan New Hope Trading.

Mogul Productions Implements Chainlink Oracles to Optimize Film Financing

Mogul Productions Implements Chainlink Oracles to Optimize Film Financing

Some industries are reluctant to change because they benefit a small group of people or firms; film financing fits this category. Mainly restricted to established companies, funding and producing an independent movie can be extremely challenging without the right backers. One project looking to remedy that is Mogul Productions, a blockchain-based, decentralized film financing platform.

Core Scientific Partners with Foundry in Financing Deal up to $23 Million

Core Scientific Partners with Foundry in Financing Deal up to $23 Million

The financing from Foundry will enable Core Scientific and its clients to continue shifting global mining operations to North America

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.

Algorand Blockchain Network Now Certified for Sharia Compliant Financing

Algorand Blockchain Network Now Certified for Sharia Compliant Financing

The Algorand Foundation announced that its blockchain network has now been certified as Sharia compliant for the inclusion of Islamic financial markets.

French Police Arrest 29 People for Financing Syrian Islamist Terrorists Using Bitcoin Coupons

French Police Arrest 29 People for Financing Syrian Islamist Terrorists Using Bitcoin Coupons

French police have apprehended 29 individuals suspected of funding Islamist extremists in Syria using cryptocurrencies.

Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol

Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol

Janet Yellen highlighted the “growing concern” of crypto being leveraged to finance terror just weeks after the US Capitol was attacked by domestic terrorists paid in BTC.

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.

With 245 Investments and Financing Deals in Blockchain, Will China Carry on Its Expenditure in the Future?

With 245 Investments and Financing Deals in Blockchain, Will China Carry on Its Expenditure in the Future?

Xinhua reports that there is a 40% decline in Chinese investment and financial deals within blockchain technology

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