People and businesses tend to think of crypto in one of two ways. The first is that crypto and blockchain more broadly are transforming technologies that will reshape the financial and payments sectors. This view tends to be held by people and businesses that believe...
Japan is reportedly considering whether to loosen its rules for the crypto industry. This consideration is being driven in part by a growing number of Japanese firms that are exploring blockchain-related initiatives, Bloomberg reported Tuesday (Sept. 17). Prime Minister Fumio Kishida has prioritized Web3, but...
Stablecoin issuer Circle has launched a partnership with Sony Block Solutions Labs. The collaboration, announced in a news release Sunday (Sept. 15), is designed to “drive innovation and creativity through decentralized technologies” on the Soneium blockchain ecosystem, Circle said. With the partnership, Soneium “will integrate...
JPMorgan Chase reportedly aims to use its blockchain services to boost its corporate banking market share in Switzerland. The bank’s blockchain services are already being in Germany by companies like Siemens, and the technology presents opportunities for growth in cash management, Lutz Karl, who heads JPMorgan Chase’s...
Cross-border payments suffer from inefficiencies such as high fees, slow settlement times and poor transparency, making international transactions costly and cumbersome. Blockchain technology offers transformative potential to address these issues by streamlining processes and reducing costs. The PYMNTS Intelligence report “Can Blockchain Solve the Cross-Border...
A lot can change in five years, particularly when it comes to fast-moving innovations like blockchain technology. Back in 2019, the crypto landscape was marked by several themes and trends that reflected the early stages of adoption, experimentation and regulatory uncertainty. Today’s digital asset landscape...
Blockchain, at this point a significant industry, perpetually appears to be on the verge of mainstream acceptance. Its promise of delivering benefits such as easier access to financial products and services, improved resilience and security, and more competition and innovation remains an attractive one. And...
DBS and Ant International have launched a pilot of a blockchain-powered treasury and liquidity management solution designed to enable Ant International to reduce the settlement of intragroup transactions from days to seconds. The solution, DBS Treasury Tokens, will enable Ant International, a provider of digital...
Blockchain technology, once synonymous with cryptocurrencies, is expanding into mainstream industries. The $943 billion projected market by 2032 has sparked a debate between public and private blockchains for regulated sectors like finance and healthcare. Historically, private blockchains, controlled by single entities or consortia, have been...
