Blockchain Startups

Ruler of Dubai launches Blockchain Future Lab focused on predicting the future of Blockchain – Blockchain News

The Ruler of Dubai and Prime Minister of UAE has operationalized innovative labs aimed to predict the future of Blockchain, along with aviation, entrepreneurship, and energy, which will be overseen by the Dubai Future Foundation. Sheikh Mohammed bin Rashid Al...

Japan’s Sumitomo Mitsui Banking Corporation geared to use R3’s Marco Polo trade finance blockchain – Blockchain News

The third-largest bank by assets in Japan is set to utilize R3's Marco Polo trade finance blockchain on a commercial basis. Sumitomo Mitsui Banking Corporation (SMBC) revealed on last Friday the successful cross-border proof-of-concept test that was performed by...

CIMB Singapore to push up to 100 million USD in trade finance through blockchain network – Blockchain News

CIMB Bank in Singapore plans to pump up to 100 million USD in trade finance transactions via a blockchain network over the next 12 months. The blockchain platform is further backed by a company run by GIC's former head...

Telegram delays the launch of TON Blockchain after SEC lawsuit; investors to get the funds back – Cryptocurrency News

Telegram has reportedly decided to move forward the launch of its native Blockchain network, TON. The messaging giant has informed the investors regarding the delay in an email, who shall get back their funds invested in the project. The...

Stephen Curry’s SC30 will not invest any money into blockchain

Blockchain technology has mostly received positive reception from all around the world. Firms like IMB, JPMorgan are using this technology to change how business is done potentially. But the Stephen Curry's SC30 is siding with the critics of blockchain...

ENBD signs MoU with Dubai Chamber for Digital Silk Road

Emirates NBD has signed the MoU with the Dubai Chamber of Commerce and Industry, concerning the development of the Digital Silk Road. In accordance with the agreement, the bank will provide trade finance solutions for the project, which is...

Blockchain startup Iconloop raises USD 8.3 million in series A funding

Iconloop, a South Korean blockchain firm, has successfully raised $8.3 million in its Series A funding round, led by the Korea Technology Finance Corporation. The round included TS Investment and five other investors and was the first venture capital...

CCB releases BCTrade 2.0 after 50 billion transaction from former version

One of the major Chinese banks, CCB, has updated its blockchain platform with a second version after the attainment of a $50 billion transaction volume from the former version. The BCTrade 2.0 is set to digitize trade and financial...

Unstoppable Domains originates new domain registry to raise crypto adoption

Blockchain domains originator, unstoppable domains have released a new domain registry called ".Crypto" to boost the adoption of cryptocurrencies. The latest launch is a follow-up to .zil, which landed the grounds in the early quarters of 2019. .zil was...

German real estate giant invests in Security Token firm

Fundament was launched earlier in 2017, and the company offers blockchain-based securities that are linked to German properties. In July, Fundament received approval from German financial watchdog BaFin for its first tokenized real estate bond with an issue volume...

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The Bank of International Settlements is building a CBDC settlement platform.

CBDC research has been announced as a top priority for the Bank for International Settlements’ Innovation Hub, or BISIH,...