Digital currency

London Blockchain Conference: Day 1 Highlights

Retrieved on: 
Wednesday, May 31, 2023
Bitcoin, Amazon Web Services, United States Navy, Interview, Centi-, Media Revenue Generation, Organizational founder, Solution architecture, Finance, Business, Evolution, Carbon, Digital currency, ICEX: US Navy Mission in Arctic, PROMO, Future, Trust, Triumphs, Application development, United Kingdom, Ecosystem, Editor-in-chief, Algorithmic, AWS, SPV, Conference, Cryptocurrency, Blockchain, Lexical analysis

LONDON, May 31, 2023 /PRNewswire/ -- Attendees at the London Blockchain Conference experienced an enlightening first day, kickstarting with informative and thought-provoking speakers, discussing a wide range of topics involving digital currency, government policy, trust economy, carbon offset derivatives using blockchain and smart contracts. 

Key Points: 
  • As the inaugural London conference commenced today, attendees heard from industry experts who shed light on Revenue Generation with Blockchain.
  • LONDON, May 31, 2023 /PRNewswire/ -- Attendees at the London Blockchain Conference experienced an enlightening first day, kickstarting with informative and thought-provoking speakers, discussing a wide range of topics involving digital currency, government policy, trust economy, carbon offset derivatives using blockchain and smart contracts.
  • Day 1 of the conference focused on 'Rev-gen with Blockchain'.
  • Other notable sessions shed light on the revolutionary role of blockchain in combating counterfeit goods, stablecoins, and the Future of Blockchain tokens.

London Blockchain Conference: Day 1 Highlights

Retrieved on: 
Wednesday, May 31, 2023
Bitcoin, Amazon Web Services, United States Navy, Interview, Centi-, Media Revenue Generation, Organizational founder, Solution architecture, Finance, Business, Evolution, Carbon, Digital currency, ICEX: US Navy Mission in Arctic, PROMO, Future, Trust, Triumphs, Application development, United Kingdom, Ecosystem, Editor-in-chief, Algorithmic, AWS, SPV, Conference, Cryptocurrency, Blockchain, Lexical analysis

LONDON, May 31, 2023 /PRNewswire/ -- Attendees at the London Blockchain Conference experienced an enlightening first day, kickstarting with informative and thought-provoking speakers, discussing a wide range of topics involving digital currency, government policy, trust economy, carbon offset derivatives using blockchain and smart contracts. 

Key Points: 
  • As the inaugural London conference commenced today, attendees heard from industry experts who shed light on Revenue Generation with Blockchain.
  • LONDON, May 31, 2023 /PRNewswire/ -- Attendees at the London Blockchain Conference experienced an enlightening first day, kickstarting with informative and thought-provoking speakers, discussing a wide range of topics involving digital currency, government policy, trust economy, carbon offset derivatives using blockchain and smart contracts.
  • Day 1 of the conference focused on 'Rev-gen with Blockchain'.
  • Other notable sessions shed light on the revolutionary role of blockchain in combating counterfeit goods, stablecoins, and the Future of Blockchain tokens.

Reltime Receives Prestigious Nordic Innovation Award for 'Best AI & Web3 Fintech of 2023'

Retrieved on: 
Tuesday, May 30, 2023
Fintech, Face, Central bank, CBDC, Privacy, Digital currency, Community business development corporation, AML, Non-fungible token, Learning, Entrepreneurship, AI, Central bank digital currency, FIAT, KYC, Cryptocurrency, Blockchain

OSLO, Norway, May 30, 2023 /PRNewswire/ -- Oslo-based Reltime AS has been honoured with the esteemed Nordic Innovation Award in the category of "Best AI and Web3.0 Fintech."

Key Points: 
  • OSLO, Norway, May 30, 2023 /PRNewswire/ -- Oslo-based Reltime AS has been honoured with the esteemed Nordic Innovation Award in the category of "Best AI and Web3.0 Fintech."
  • The winners were announced on May 24, 2023, at the Iceland Innovation Week in Reykjavik, where top contenders from 12 award categories across the Nordic countries gathered.
  • The Nordic Innovation Award has been recognizing and celebrating outstanding achievements and their impacts since 2012.
  • In the fiercely competitive "Web3.0 and AI" category, the jury sought a fintech that had developed a global Web3 platform incorporating decentralization, blockchain, and AI based technology to drive token-based economics.

West African Monetary Institute (WAMI) Partners with EMTECH SOLUTIONS INC to Modernize Fintech Regulatory Frameworks Across the West African Monetary Zone

Retrieved on: 
Friday, May 26, 2023
Data Management, Banking, Technology, Professional Services, Research, Software, Networks, Fintech, Mobile, Wireless, Science, Finance, Partnership, Central bank, African, CBDC, Multimedia, Aircraft, WAMI, Digital currency, WAMZ, Retail Solutions Inc., Publishing, Economic development, Cadet, Knowledge, Business Wire, Central bank digital currency, Environment, Cryptocurrency, Pharmaceutical industry

The West African Monetary Institute (WAMI) and EMTECH SOLUTIONS Inc. today announced a strategic partnership to modernize country-level and regional regulatory sandboxes, enabling the harmonization of heterogeneous Fintech regulatory policies and frameworks across the West African Monetary Zone (WAMZ).

Key Points: 
  • The West African Monetary Institute (WAMI) and EMTECH SOLUTIONS Inc. today announced a strategic partnership to modernize country-level and regional regulatory sandboxes, enabling the harmonization of heterogeneous Fintech regulatory policies and frameworks across the West African Monetary Zone (WAMZ).
  • View the full release here: https://www.businesswire.com/news/home/20230525005864/en/
    West African Monetary Institute hosts Carmelle Cadet, Founder and CEO of EMTECH for official signing ceremony, cementing partnership.
  • We look forward to the positive impact this partnership will have on our member states and the broader West African region."
  • “We are eager to work with WAMI to deploy solutions addressing local and regional fintech innovation and regulatory frameworks in the West African Monetary Zone."

Universal Monetary Unit (UMU), Unicoin, Pilots Point-to-Point Digital Cash Payments in Latin America and Africa

Retrieved on: 
Friday, May 26, 2023
Bitcoin, Internet, Point of sale, POS, Digital currency, NFC, ATM, AML, DCMA, Developed country, KYC, Cryptocurrency, Online shopping

WASHINGTON, May 26, 2023 /PRNewswire/ -- Today, the Digital Currency Monetary Authority (DCMA) announced it is piloting a self-custody and completely private point-to-point digital cash implementation of Unicoin in Latin America and Africa.

Key Points: 
  • WASHINGTON, May 26, 2023 /PRNewswire/ -- Today, the Digital Currency Monetary Authority (DCMA) announced it is piloting a self-custody and completely private point-to-point digital cash implementation of Unicoin in Latin America and Africa.
  • The crypto industry has yet to simulate a person-to-person paper money transfer, or digital cash.
  • Unicoin supports both a bank wallet for regulated electronic cash and a mobile wallet for private digital cash.
  • The Unicoin digital cash solution is currently being piloted in both Latin America and Africa with the expectation of a full product release within the next six months.

The DCMA Explains Why an International CBDC is the Best Innovation for Store of Value and Medium of Exchange

Retrieved on: 
Monday, May 22, 2023
Bitcoin, Crypto, UMU, CFTC, International, International use of the U.S. dollar, CBDC, Digital currency, USD, Community business development corporation, Government, AML, Whale, FDI, DCMA, FX, International Monetary Fund, South Korean International Monetary Fund Agreement, 1997, KYC, IMF, Cryptocurrency

A national CBDC is merely a digital form of legal tender and carries the same economic reality of its legal tender.

Key Points: 
  • A national CBDC is merely a digital form of legal tender and carries the same economic reality of its legal tender.
  • If a national legal tender is systemically depreciating in value, so will its CBDC.
  • An International CBDC is not an unbacked cryptocurrency like Bitcoin and is not a national CBDC issued by central banks.
  • Unicoin solves the shortcomings of both CBDCs and cryptocurrencies and brings together the best of both worlds into one cryptographic innovation.

Ripple to Showcase Real Estate Asset Tokenization Solution as part of the Hong Kong Monetary Authority’s Inaugural e-HKD Pilot Programme

Retrieved on: 
Thursday, May 18, 2023
Software, Internet, Professional Services, Blockchain, Fintech, Technology, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Cryptocurrency, Web3, Finance, XRP, Central bank, CBDC, Research, Taipei Fubon Bank, Aircraft, Digital currency, Community business development corporation, Organization, Friction, Traction, HKMA

Ripple , the leader in enterprise blockchain and crypto solutions, announced today that it has been selected to showcase a real estate asset tokenization solution as part of the Hong Kong Monetary Authority’s (HKMA) inaugural e-HKD Pilot Programme.

Key Points: 
  • Ripple , the leader in enterprise blockchain and crypto solutions, announced today that it has been selected to showcase a real estate asset tokenization solution as part of the Hong Kong Monetary Authority’s (HKMA) inaugural e-HKD Pilot Programme.
  • As a leading provider offering real world asset tokenization capabilities, Ripple alongside its partners including Fubon Bank – one of the largest commercial banks in Taiwan – will demonstrate its use case under e-HKD Pilot Programme, which will focus on real estate asset tokenization and equity release leveraging the e-HKD.
  • It’s a huge honor for Ripple to be one of the select few organizations participating in the HKMA’s e-HKD Pilot Programme.
  • As part of the inaugural e-HKD Rail 2 Pilot Programme, Ripple executives attended the commencement event on May 18th hosted by Mr. Eddie Yue, Chief Executive of the HKMA.

Reltime Unveils Revolutionary Wrapped FIAT and CBDC Service Set to Transform Global Financial Landscape

Retrieved on: 
Monday, May 15, 2023
INR, Central bank, Central bank digital currency, CBDC, FIAT, CHF, Environment, GBP, Super-app, Digital currency, Commerce, Cryptocurrency, Online shopping, EUR, USD

OSLO, Norway, May 15, 2023 /PRNewswire/ -- Oslo-based fintech firm, Reltime AS, has announced the groundbreaking launch of its unique Wrapped FIAT and Central Bank Digital Currency (CBDC) services.

Key Points: 
  • OSLO, Norway, May 15, 2023 /PRNewswire/ -- Oslo-based fintech firm, Reltime AS, has announced the groundbreaking launch of its unique Wrapped FIAT and Central Bank Digital Currency (CBDC) services.
  • This innovation will democratize digital currency access dramatically and redefine the global financial landscape by providing instantaneous, zero-cost transactions with immense trust that fiat currencies bring.
  • Reltime's innovative platform and SuperApp allows for the free creation and minting of digital 'wrapped' FIAT currencies, including but not limited to USD, EUR, CHF, GBP, INR, and the top 100 global currencies.
  • With its unwavering commitment to accessibility, security, and innovation, Reltime is primed to forefront the world into a new era of digital finance.

Temenos Leads the Way in CBDC Innovation with R3

Retrieved on: 
Thursday, May 11, 2023
Ethereum, BIS, UI, Central bank, DLT, Digital currency, Digital, Community business development corporation, Organization, Central bank digital currency, KYC, Cryptocurrency, CBDC, R3, Temenos

Jeremy Boot, Product Strategist, Temenos, said: “Temenos is leading the way in CBDC innovation.

Key Points: 
  • Jeremy Boot, Product Strategist, Temenos, said: “Temenos is leading the way in CBDC innovation.
  • R3’s Corda – the world’s leading private, permissioned distributed application platform – is being used in a wide number of Central Bank and BIS CBDC projects globally.
  • The sandbox provided a CBDC smart contract token definition based on the ERC-20 standard and web UI.
  • By deploying the smart contract, Temenos was able to simulate central bank use cases, across token minting and on-chain transfers.

Universal Monetary Unit (UMU), Unicoin, Guarantees Banks and Fintechs the Best FX Rates on Cross-Border Payments

Retrieved on: 
Tuesday, May 9, 2023
UMU, Executive, CFTC, Remittances from the United States, Mechanics, Gold, FOREX, DCMA, FX, Digital currency, Cryptocurrency

WASHINGTON, May 9, 2023 /PRNewswire/ -- Today, the Digital Currency Monetary Authority (DCMA) announced banks and fintech companies now have access to the guaranteed best FX rates for transacting cross-border payments through its money servicing platform, Universal Monetary Unit (UMU), Unicoin.

Key Points: 
  • WASHINGTON, May 9, 2023 /PRNewswire/ -- Today, the Digital Currency Monetary Authority (DCMA) announced banks and fintech companies now have access to the guaranteed best FX rates for transacting cross-border payments through its money servicing platform, Universal Monetary Unit (UMU), Unicoin.
  • Banks can attach their customer bank accounts to a UMU wallet and transaction SWIFT-like cross-border payments over digital currency rails completely bypassing the correspondent banking system at guaranteed best-priced FX rates and with instantaneous real-time settlement.
  • Unicoin leverages artificial intelligence for global treasury management and to hedge against FX rates fluctuations enabling it to offer FOREX PLUS rates whereas most remitters offer FOREX MINUS rates.
  • UMU is a continuous demand monetary system where one of its underlying monetary utilities is premium FX rates.