Blockchain
Swift Completes Sandbox Testing of API-Based CBDC Project
Swift said that 18 central and commercial banks found “clear potential and value” in its API-based Central Bank Digital Currency (CBDC) connector. Following a 12-week period of collaborative sandbox testing, almost 5,000 transactions were simulated between two different blockchain networks
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What Fintechs Should Know About Central Bank Digital Currencies
Are you a bank or a non-bank fintech? With 11 countries already having launched their own Central Bank Digital Currencies (CBDCs) and more than 100 countries in the process of developing one, payment players are taking notice. OpenWay sheds light
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Australian Central Bank Set to Launch CBDC Live Pilot in a Few Months
The Reserve Bank of Australia (RBA) will be launching its live central bank digital currency (CBDC) pilot in the next few months. The central bank has been collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project
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Blockchain Founders Fund Bags US$75M to Invest in Web3, Blockchain Startups
Blockchain Founders Fund (BFF) announced the final close of its US$ 75 million Fund II to invest in pre-seed and seed stage Web3 and blockchain startups. The fund was joined by Polygon, Ripple, Octava, NEO Global Capital (NGC), Appworks, Sebastien
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Why Rural Banks Are Essential to the Microfinance Ecosystem of Laos
Rural banks fulfil different roles in different countries, but across the board they help to promote financial inclusion efforts to move the local population – many who have never possessed a bank account – to participate in the regional economy.
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Transforming the Alternative Asset Space: An Inside Look at Alta
The alternative asset space is a complex and fragmented market with many investment opportunities, such as real estate, private equity, hedge funds, and commodities. In the coming years, private capital markets are expected to experience robust growth. According to Preqin,
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Partior Sets Sights on the Future of Global Money Movement
Partior is a blockchain-based exchange platform, a fintech company operating within the exciting Web3 space that is being hailed as the future of the internet. Blockchain technology provides a secure and decentralised ledger that can be used to record and
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Singapore’s FSI Sector Eyes Significant Investments in ESG, Embedded Finance and Defi
In Singapore, c-suite and senior finance executives are planning to invest significantly in embedded finance, environmental, social and governance (ESG) frameworks, and blockchain-related innovations in 2023, confident that these technologies will create new growth opportunities and provide them with an
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DeFi Industry Shows Resilience In Spite of Crypto Market Slump
Despite an ongoing crypto winter, the global decentralized finance (DeFi) market has remained strong and resilient, maintaining its dynamism with sustained venture capital (VC) funding activity, increased user adoption, and encouraging signs of institutional interest, a new report by HashKey
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ConsenSys to Downsize Workforce by 11%
Blockchain software firm ConsenSys announced that it will layoff 11% of its workforce to adjust to challenging and uncertain market conditions in a blog post. ConsenSys’ CEO Joseph Lubin said that the 96 employees being laid off will receive “extensive support
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