Community business development corporation

Bitt launches advisory services, drawing upon its industry-leading experience in deploying multiple CBDCs

Retrieved on:

Tuesday, October 10, 2023

Central bank digital currency, Community business development corporation, Central bank, Ecosystem, Salt Lake, Private sector, CBDC, Digital, Conference, Bitts, SALT, Ideation, Cryptocurrency

We advocate the CBDC ecosystem, and especially the innovators in this space, to broaden services and products to meet central banks where they are in their journey today.

Key Points:

We advocate the CBDC ecosystem, and especially the innovators in this space, to broaden services and products to meet central banks where they are in their journey today.
We need to get creative and find ways to answer these open questions, to help our clients forward in their CBDC journey."
Bitt's team of experts recognized this need and were motivated to launch Bitt Advisory Services to assist monetary authorities in any provision they require.
The Bitt team now offers a suite of professional advisory services to help expand central bank knowledge, experience, and capacity for their digital currency strategy throughout all stages from ideation to deployment.

Bitt launches advisory services, drawing upon its industry-leading experience in deploying multiple CBDCs

Retrieved on:

Tuesday, October 10, 2023

Central bank digital currency, Community business development corporation, Central bank, Ecosystem, Salt Lake, Private sector, CBDC, Digital, Conference, Bitts, SALT, Ideation, Cryptocurrency

We advocate the CBDC ecosystem, and especially the innovators in this space, to broaden services and products to meet central banks where they are in their journey today.

Key Points:

We advocate the CBDC ecosystem, and especially the innovators in this space, to broaden services and products to meet central banks where they are in their journey today.
We need to get creative and find ways to answer these open questions, to help our clients forward in their CBDC journey."
Bitt's team of experts recognized this need and were motivated to launch Bitt Advisory Services to assist monetary authorities in any provision they require.
The Bitt team now offers a suite of professional advisory services to help expand central bank knowledge, experience, and capacity for their digital currency strategy throughout all stages from ideation to deployment.

SWIAT cooperates with GFT to offer secure, compliant global blockchain platform

Retrieved on:

Tuesday, September 26, 2023

Pocs, Heart, Partnership, DLT, GFT, Community business development corporation, Ecosystem, Cryptocurrency, Medical device

LONDON, Sept. 26, 2023 /PRNewswire/ -- With the value of tokenised assets expected to grow by 60 percent a year, reaching over 3 trillion euros by 2030 in the European market alone, SWIAT aims to create a single global standard for the processing of blockchain-based securities.

Key Points:

As a partner GFT will provide selected blockchain nodes such as validator nodes and ensure that incoming blockchain function calls are validated and correctly executed according to predefined rules and protocols.
Our collaboration with SWIAT solidifies GFT's role at the helm of this transformation," said Marika Lulay, CEO of GFT.
This creates the greatest possible degree of reliability for financial institutions wishing to use the SWIAT platform.
The partnership puts GFT clients at the heart of the SWIAT ecosystem and at the forefront of developments in financial technology.

Fuze raises $14mn - largest Seed round for digital assets start-up in Middle East

Retrieved on:

Wednesday, September 20, 2023

Fintech, Blockchain, ABU, Microsoft, History, Community business development corporation, Goldman Sachs, Organization, Digital asset, Yoy, Checkout.com, Cryptocurrency, Fuze, Visa

ABU DHABI, UAE and NEW YORK, Sept. 20, 2023 /PRNewswire/ - Fuze has unveiled a record-breaking Seed round of $14mn, the largest Seed investment in a digital assets startup in the history of the Middle East and North Africa.

Key Points:

ABU DHABI, UAE and NEW YORK, Sept. 20, 2023 /PRNewswire/ - Fuze has unveiled a record-breaking Seed round of $14mn, the largest Seed investment in a digital assets startup in the history of the Middle East and North Africa.
Fuze enables banks, fintechs or enterprises to offer regulated digital assets products to customers through native apps.
With a regional digital asset market worth $566bn, growing at 48% YoY, Fuze CEO Mohammed Ali Yusuf believes the Middle East is perfect for a digital assets infrastructure business, "We are excited to build the future of regulated financial infrastructure and digital assets out of the UAE.
The team at Fuze is highly experienced and has a clear vision to develop a trusted, world-class digital assets proposition.

Citi GPS: Cross-Border Payments to Transform Financial Industry, Ushering Best-in-Class Experiences for Clients

Retrieved on:

Monday, September 18, 2023

’ Its findings indicate that the expected increase of cross-border payments presents a major opportunity for players in this space.

Key Points:

’ Its findings indicate that the expected increase of cross-border payments presents a major opportunity for players in this space.
“Our industry is on a journey to reach the next phase of evolution within cross-border payments.
“The world of cross-border payments has never been more attractive from a business opportunity perspective,” says Amit Agarwal, Global Co-Head Payments & Receivables, Citi Treasury and Trade Solutions.
It also outlines the key findings from a survey of more than 100 of Citi’s financial institution clients.

QANplatform Launches the Quantum-Resistant Private Blockchain: The New Era for Web3 OS

Retrieved on:

Tuesday, September 12, 2023

Tallinn, Estonia--(Newsfile Corp. - September 12, 2023) - QANplatform ushers a new era of Web3 OS (Operating System) with the launch of the world's first private blockchain that is both quantum-resistant and compatible with Ethereum's EVM, while enabling developers to code smart contracts in any programming language.

Key Points:

The NIST-recommended primary post-quantum algorithm has been foreseen and integrated into the quantum-resistant QAN Private Blockchain.
Tallinn, Estonia--(Newsfile Corp. - September 12, 2023) - QANplatform ushers a new era of Web3 OS (Operating System) with the launch of the world's first private blockchain that is both quantum-resistant and compatible with Ethereum's EVM, while enabling developers to code smart contracts in any programming language.
Furthermore, the whole private blockchain becomes auditable and untamperable this way, even in case the private blockchain validators would collude.
I am eagerly anticipating the opportunity to showcase the initial use cases of our partners operating on the QAN Private Blockchain."

EQS-News: SWIAT cooperates with GFT to offer secure, compliant global blockchain platform

Retrieved on:

Saturday, September 16, 2023

Pocs, Heart, Partnership, DLT, GFT, Community business development corporation, Ecosystem, Cryptocurrency, Medical device

SWIAT cooperates with GFT to offer secure, compliant global blockchain platform

Key Points:

SWIAT cooperates with GFT to offer secure, compliant global blockchain platform
The issuer is solely responsible for the content of this announcement.
SWIAT cooperates with GFT to offer secure, compliant global blockchain platform
Stuttgart 13 September, 2023.
As a partner GFT will provide selected blockchain nodes such as validator nodes and ensure that incoming blockchain function calls are validated and correctly executed according to predefined rules and protocols.
Our collaboration with SWIAT solidifies GFT's role at the helm of this transformation,” said Marika Lulay, CEO of GFT.

Swift Advances CBDC Innovation as Interlinking Solution Begins Beta Testing

Retrieved on:

Wednesday, September 13, 2023

Swift has entered a new phase of its breakthrough work on Central Bank Digital Currency (CBDC) interoperability, announcing that three central banks are beta testing its innovative solution for interlinking CBDCs, while 30 financial institutions are experimenting with the solution in a new sandbox to explore further use cases.

Key Points:

Swift has entered a new phase of its breakthrough work on Central Bank Digital Currency (CBDC) interoperability, announcing that three central banks are beta testing its innovative solution for interlinking CBDCs, while 30 financial institutions are experimenting with the solution in a new sandbox to explore further use cases.
Swift committed to developing a beta version of its CBDC connector solution after a first iteration of sandbox testing, with participants recognising the solution’s ‘clear potential and value’.
The beta solution has taken its next step, with three central banks and monetary authorities, including the Hong Kong Monetary Authority (HKMA) and the National Bank of Kazakhstan, integrating the solution with their own infrastructure for direct testing.
Central and commercial bank participants noted that the connector enabled the seamless exchange of CBDCs, even for those built on different platforms.

European Blockchain Convention 9 Set to Become Europe’s Largest Blockchain Event in 2H 2023

Retrieved on:

Tuesday, September 12, 2023

Barcelona is poised to host Europe’s largest blockchain event from October 24th to 26th.

Key Points:

Barcelona is poised to host Europe’s largest blockchain event from October 24th to 26th.
With 5,000 delegates and 300 speakers expected, it will be the largest blockchain event in Europe for 2H 2023 and the largest European Blockchain Convention since the event started in 2018.
Victoria Gago, co-founder of European Blockchain Convention, said: “We have seen an extraordinary increase in registrations and interest from exhibitors after the overwhelmingly positive feedback from our previous edition.
To learn more about European Blockchain Convention, visit eblockchainconvention.com .

Leading Enterprise Crypto Company Ripple Acquires Fortress Trust

Retrieved on:

Friday, September 8, 2023

Ripple , the leader in enterprise blockchain and crypto solutions, announced today it has agreed to acquire Fortress Trust , a subsidiary of Fortress Blockchain Technologies.

Key Points:

Ripple , the leader in enterprise blockchain and crypto solutions, announced today it has agreed to acquire Fortress Trust , a subsidiary of Fortress Blockchain Technologies.
Fortress Trust is a financial institution that provides licensed Web3 financial, regulatory and technology infrastructure for blockchain innovators.
Through its technology and licensing, Fortress Trust provides critical infrastructure to address the growing enterprise crypto market that complements Ripple’s business and product roadmap.
Ripple became a minority investor in Fortress Blockchain Technologies in 2022 as part of its seed funding.