CBDC

EMTECH Successfully Pilots Its Web3-based Digital Cash Infrastructure Solution With Bank of Ghana

Retrieved on: 
Monday, December 18, 2023

EMTECH , a Modern Central Banking Infrastructure company, has successfully delivered a 12-week CBDC Hackathon as a strategic pilot for the Bank of Ghana.

Key Points: 
  • EMTECH , a Modern Central Banking Infrastructure company, has successfully delivered a 12-week CBDC Hackathon as a strategic pilot for the Bank of Ghana.
  • This is the company's latest technical partnership with Bank of Ghana, following the deployment of its Digital Regulatory Sandbox.
  • View the full release here: https://www.businesswire.com/news/home/20231218355185/en/
    Congratulations to the winners of the recently concluded eCedi Hackathon hosted by the Bank of Ghana!
  • As a foundation, EMTECH’s Digital Cash Infrastructure is designed to make cash accessible, interoperable and trusted in this era.

QANplatform signs $15M VC deal for its quantum-resistant layer 1 blockchain

Retrieved on: 
Tuesday, December 5, 2023

Sheikh Mansoor Bin Khalifa Al-Thani, Founder and Chairman of MBK Holding, Jevgenia Kim, CEO of QANplatform, and Johann Polecsak, Co-Founder and CTO of QANplatform.

Key Points: 
  • Sheikh Mansoor Bin Khalifa Al-Thani, Founder and Chairman of MBK Holding, Jevgenia Kim, CEO of QANplatform, and Johann Polecsak, Co-Founder and CTO of QANplatform.
  • Besides the $15 Million technology-focused investment commitment, MBK Holding offers growth services to facilitate global market access and expansion for QANplatform.
  • A Layer 1 blockchain platform, like Ethereum or QANplatform, is the basic infrastructure of all blockchain projects and applications.
  • As a hybrid blockchain, QANplatform will have a private and public blockchain as well.

SIX collaborates with the Swiss National Bank to pilot wholesale CBDC issuance in Switzerland

Retrieved on: 
Thursday, November 2, 2023

SIX , the Swiss National Bank (SNB) and six commercial banks, will collaborate on a ground-breaking pilot focused on tokenized central bank money for financial institutions (wholesale CBDC).

Key Points: 
  • SIX , the Swiss National Bank (SNB) and six commercial banks, will collaborate on a ground-breaking pilot focused on tokenized central bank money for financial institutions (wholesale CBDC).
  • This pilot, Helvetia Phase III, will, for the first time, see the orchestration of a real Swiss Franc wCBDC settling digital securities transactions.
  • The pilot builds on the findings of earlier Helvetia Phases I and II by the BIS Innovation Hub, the SNB and SIX.
  • Participating banks will be able to issue digital Swiss Franc bonds, which will be settled against wCBDC on a delivery-versus-payment basis.

Digital Dollar Project and Atlantic Council's GeoEconomics Center announce global convening on the future of digital currency

Retrieved on: 
Tuesday, October 17, 2023

WASHINGTON, Oct. 17, 2023 /PRNewswire/ --  The Digital Dollar Project and the Atlantic Council's GeoEconomics Center will cohost "Exploring central bank digital currency: Evaluating challenges & developing international standards," a first-of-its-kind convening of leaders from international financial institutions, central and commercial banks, technology providers, and government. The conference will explore discussions on the evolving landscape of digital money, outline areas of potential public-private cooperation, and offer a roadmap for technological and regulatory standards across the digital economy.

Key Points: 
  • "Leading experts across the global financial and technology landscape are convening to discuss standards, technology norms and governance models for a digital future," said Jennifer Lassiter, Executive Director of The Digital Dollar Project.
  • "Financial innovation is accelerating on a global scale, and the time for thoughtful collaboration and data-driven decision-making is now."
  • The sessions will cover various aspects of building a healthy digital currency ecosystem and a roadmap for next steps.
  • The Atlantic Council's CBDC tracker provides more information about the development of central bank digital currencies around the world.

Announcing Thailand Digital Token & Blockchain Event with The Finstable Group

Retrieved on: 
Monday, October 16, 2023

This two-day conference will serve as the inaugural platform for the "Thailand Digital Token and National Blockchain Infrastructure" symposium, delving deep into Thailand's Digital Currency Policy.

Key Points: 
  • This two-day conference will serve as the inaugural platform for the "Thailand Digital Token and National Blockchain Infrastructure" symposium, delving deep into Thailand's Digital Currency Policy.
  • This exclusive event, hosted by The Finstable Group, will convene influential leaders in blockchain technology, alongside government representatives from Thailand.
  • It is designed to cultivate crucial dialogues concerning the integration of blockchain technology in the development of digital currency and the national blockchain infrastructure.
  • Organized by The Finstable Group, a prominent figure in Thailand's blockchain ecosystem, this high-profile conference will unfold at the state-of-the-art Blockchain Technology Center (BTC) located in the heart of Phuket, Thailand.

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

Retrieved on: 
Tuesday, October 10, 2023

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

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.

Hyperledger Foundation Adds Seven New Members; Moves Two Projects to Graduated Status

Retrieved on: 
Wednesday, October 4, 2023

SAN FRANCISCO, Oct. 4, 2023 /PRNewswire/ -- Today, Hyperledger Foundation, the open, global ecosystem for enterprise-grade blockchain technologies, announced seven new members, including Blocklabs, Deloitte, Japan Securities Clearing Corporation and Norges Bank. The global line-up of new members reflects the worldwide engagement in the Hyperledger ecosystem. To support its widespread member community, Hyperledger Foundation is also hosting two versions of its annual Member Summit. The member-only event, which gives attendees the opportunity to shape the community's plans for the next year, will be held in San Francisco in October and Tokyo in December. 

Key Points: 
  • To support its widespread member community, Hyperledger Foundation is also hosting two versions of its annual Member Summit.
  • In addition, Hyperledger Cacti and Hyperledger FireFly each reached a major milestone when the Technical Oversight Committee (TOC) voted to move them to graduated status.
  • Both of these newly graduated projects are highlighted for their roles in CBDC deployments in a newly updated " Hyperledger in Action in CBDC ."
  • As such, pre-approved non-profits, open source projects and government entities can join Hyperledger Foundation at no cost as associate members.

Fireblocks Acquires Tokenization Firm BlockFold to Serve Industry's Largest Banks & Financial Institutions

Retrieved on: 
Friday, September 29, 2023

BCG projects that the tokenization of financial assets on the blockchain will grow into a $16 trillion market by 2030 and will represent 10% of all financial assets.

Key Points: 
  • BCG projects that the tokenization of financial assets on the blockchain will grow into a $16 trillion market by 2030 and will represent 10% of all financial assets.
  • Against this backdrop, Fireblocks has seen rapid growth in demand from customers, with a 350% increase in tokenization projects between 2022 and 2023, and 75% of tier-1 financial institutions exploring tokenization via its platform.
  • Bringing BlockFold's expertise in-house means that we can better serve tier-1 financial institutions to quickly and seamlessly bring tokenization projects into production and new assets onto the blockchain.
  • To learn more about how Fireblocks supports financial institutions with their tokenization operations, visit www.fireblocks.com/platforms/tokenization

Crypto for the Culture: Where Titans in Web3 and Blockchain Converge

Retrieved on: 
Tuesday, September 26, 2023

ORLANDO, Fla., Sept. 26, 2023 /PRNewswire/ -- Since 2021, the innovative minds behind Crypto Tutors have identified a significant gap in Web3 conferences: a startling lack of diversity. Not only were such events prohibitively expensive, ranging from $500-$10K, but they also failed to capture the full spectrum of talent and expertise in the Web3 (blockchain technology, NFTs, digital currencies, crypto, metaverse) community. Addressing this, Crypto Tutors pioneered 'Crypto For The Culture', the premiere Web3 Diversity Conference offering unparalleled accessibility and inclusivity.

Key Points: 
  • Not only were such events prohibitively expensive, ranging from $500-$10K, but they also failed to capture the full spectrum of talent and expertise in the Web3 (blockchain technology, NFTs, digital currencies, crypto, metaverse) community.
  • Addressing this, Crypto Tutors pioneered 'Crypto For The Culture', the premiere Web3 Diversity Conference offering unparalleled accessibility and inclusivity.
  • Crypto Tutors' credibility is underscored by their award-winning company and Fortune 500 battle-tested B2B Web3 education, cementing their position as trusted industry leaders.
  • Let's reimagine the future of Web3, making it as diverse and inclusive as the world we live in.