Digital payments firm SKUx has wrapped up the first phase of a blockchain-focused partnership with Mondelēz. SKUx is working with the consumer packaged goods giant on a payments innovation project in conjunction with Hedera, an open source enterprise distributed ledger technology (DLT) network, the companies said in a news...
For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents of the digital asset sector, attempting to replace it. However, the inherently anonymous nature of the crypto industry’s web3 technology...
Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. In large part by finding historical opportunity areas within the traditional financial sector that digital assets were originally designed to replace. After all, the technology’s innovative capability for storing and moving...
Distributed ledger technology (DLT) has long been promised to upend traditional financial services. The common refrain has been that blockchain would do so by disintermediating everything that banks do — from settlements to extending credit to investing, and even to sending and storing money. The...
July 18, 2023
As you read this, the very nature of money is being interrogated and experimentally reshaped. “There’s a huge global trend going on right now into exploring the intricacies, complexities, difficulties and benefits of leveraging the properties of DLT [decentralized ledger technology] for the financial system,” Daniel Field, global head of blockchain at UST, tells PYMNTS. That’s […]
October 05, 2022
In a pair of papers today, financial messaging service SWIFT claimed that it has solved two of the thorniest problems digital assets must overcome if they are to revolutionize the...
October 01, 2018
People love mapping apps for three reasons: They completely, and correctly, plot the best route from Point A to Point B. They show changes to that route in real time...
October 01, 2018
Can blockchain help improve transparency of — and even the ethics surrounding — the gold supply chain? Emergent Technology Holdings helps track where the yellow metal came from and where...
October 16, 2024
Digital payments firm SKUx has wrapped up the first phase of a blockchain-focused partnership with Mondelēz. SKUx is working with the consumer packaged goods giant on a payments innovation project in conjunction with Hedera, an open source enterprise distributed ledger technology (DLT) network, the companies said in a news release Wednesday (Oct. 16). “The first phase of the innovation project […]
November 03, 2022
The Monetary Authority of Singapore (MAS) has debuted Ubin+, a program to test the use of a wholesale central bank digital currency (CBDC) for cross-border foreign exchange settlement. According to...
August 22, 2022
The Depository Trust & Clearing Corporation (DTCC), a post-trade market infrastructure for the financial services industry around the world, debuted a distributed ledger technology (DLT) with its new Project Ion...
April 27, 2022
Crypto mortgages have become a new example of the digital divide when it comes to how digital assets are used in the U.S. real estate market. The mortgages come with...
