Blockchain

Blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.

By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way".

Source: en.wikipedia.org

JPMorgan Holds Firm on Plans to ‘Tokenize’ Traditional Finance
JPMorgan Holds Firm on Plans to ‘Tokenize’ Traditional Finance
April 27, 2023  |  Banking

JPMorgan Chase is committed to tokenize traditional finance despite upheaval in the cryptocurrency sector. The bank’s digital asset program, Onyx, is already being used by Goldman...

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Visa’s ‘Ambitious Crypto Roadmap’ Includes Stablecoin Payments
Visa’s ‘Ambitious Crypto Roadmap’ Includes Stablecoin Payments
April 26, 2023  |  Cryptocurrency

Visa has begun hiring for what one executive calls the company’s “ambitious crypto product roadmap.” Cuy Sheffield, who oversees the payments giant’s cryptocurrency operations, said...

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Proposed Stablecoin Bill Would Give States Right to Regulate Crypto
Proposed Stablecoin Bill Would Give States Right to Regulate Crypto
April 26, 2023  |  Cryptocurrency

Cryptocurrency’s go-ahead landscape is reaching a critical regulatory inflection point. And it may be stablecoins, the backbone of the cryptocurrency economy, that help chart a...

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Circle CEO Blames US Financial Risk for Stablecoin Decline
Circle CEO Blames US Financial Risk for Stablecoin Decline
April 26, 2023  |  Cryptocurrency

A shaky American financial market helped lower the value of USD Coin, according to Circle’s CEO. “We are seeing a huge amount of concern globally...

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Tokenized Deposits Gain Currency Around the Globe
Tokenized Deposits Gain Currency Around the Globe
April 24, 2023  |  Blockchain / Distributed Ledger

In the debate over stablecoins vs. cryptocurrencies, it may be tokenized deposits that wind up gaining ground. Tokenized deposits are tied to existing bank deposits;...

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EU Is Embracing Crypto, Will Its Banking Sector?
EU Is Embracing Crypto, Will Its Banking Sector?
April 24, 2023  |  Cryptocurrency

The regulation approach of the European Union and the United States when it comes to the cryptocurrency sector is now oceans apart. That distance may...

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NYDFS Says ‘Dual Banking System’ Should Oversee Stablecoins
NYDFS Says ‘Dual Banking System’ Should Oversee Stablecoins
April 19, 2023  |  Cryptocurrency

According to New York’s financial regulator, the best system for regulating stablecoins already exists. Testifying before the House Financial Services Committee Wednesday (April 19), New...

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SEC Chair Gensler Defends Crypto Crackdown in Contentious House Hearing
SEC Chair Gensler Defends Crypto Crackdown in Contentious House Hearing
April 19, 2023  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chairman Gary Gensler was in the hot seat Tuesday (April 18), and so was the cryptocurrency industry’s legally viable, go-forward...

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Citi Uses Contour to Carry out Its First Blockchain-Backed LC Transaction
Citi Uses Contour to Carry out Its First Blockchain-Backed LC Transaction
April 18, 2023  |  Blockchain

Citi India tapped Contour to conduct its first blockchain-enabled letter of credit transaction. It was the banking giant’s first transaction using Contour, a digital trade...

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