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...
Citigroup has partnered with Wellington Management and WisdomTree to explore the tokenization of private markets. The collaboration successfully completed a proof of concept on the Avalanche Spruce institutional test Subnet, demonstrating the potential of smart-contract capabilities to bring new functionality and operational efficiencies, the companies...
Spanish FinTech company Fence has reportedly raised 1.8 million euros (about $2 million) in its pre-seed financing round. The firm will use the new funding to grow its software that automates and optimizes debt operations for asset financing, EU-Startups reported Monday (Nov. 20). Fence did...
Web3 platform MaxxChain has introduced blockchain solutions for the logistics sector. The initiative, announced Friday (Nov. 17), “provides a seamless, transparent, and efficient approach to funding by integrating blockchain, smart contracts, and artificial intelligence” (AI) the company said in a news release. The solution promises a “secure...
June 29, 2023
Artificial intelligence (AI) offers a new tool to genuinely help advance human learning and thought. We are the first generation in the history of humanity to create machines that can make decisions that previously could only be made by people. But government moves at a snail’s pace when compared to the commercially accelerated adoption of […]
September 26, 2022
When you get past the marketing hype and dig down into what Web3 actually is, it’s hard not to ask whether it’s a real revolution that’s going to remake the...
October 23, 2018
In the pre-mobile world, in the time before the Uberization of every conceivable service, the gig economy existed — just not in the highly organized and monetized fashion as it...
October 10, 2024
Citi says its Token Services for Cash program has gone live after a pilot phase. The new commercial solution, announced Thursday (Oct. 10), processes multimillion-dollar transactions and offers clients “24/7, always-on” cross-border liquidity and payments between participating Citi branches. The tool was created with a private and permissioned blockchain that is solely owned and managed […]
February 14, 2024
Citigroup has partnered with Wellington Management and WisdomTree to explore the tokenization of private markets. The collaboration successfully completed a proof of concept on the Avalanche Spruce institutional test Subnet,...
November 20, 2023
Spanish FinTech company Fence has reportedly raised 1.8 million euros (about $2 million) in its pre-seed financing round. The firm will use the new funding to grow its software that...
November 19, 2023
Web3 platform MaxxChain has introduced blockchain solutions for the logistics sector. The initiative, announced Friday (Nov. 17), “provides a seamless, transparent, and efficient approach to funding by integrating blockchain, smart contracts, and...
