IBM

105 global technology companies, including SWIFT, IBM, Ripple and Consensys AG, became part of the International Association of Trusted Application Blockchain (INATBA) to promote DLT-technologies in the European Union. A full list of organizations is presented in a press release. INATBA members will develop uniform standards for blockchain compatibility, as well as create a transparent regulatory model for the technology. The European Commission, the World […] will advise the new association.

HBUS, the US Huobi cryptobirds division, has formed a development team that will work on products and services targeted at institutional clients. Reported by The Block. The team will be led by Vice-President of HBUS Sales and Marketing, Caitlin Mew, who was formerly Vice-President of the investment company BlackRock. The developers will work on the creation of a service of crediting based on tokens, a platform for OTC-trading […]

In the traditional Sunday digest – Bitcoin continues to flat near the $ 4,000 mark, the hash rate has grown, Parity has released a new client for the ZCash network and other key events of the outgoing week. Flat without borders During the week, the weighted average rate of Bitcoin, according to CoinMarketCap, was in the range of $ 4,000- $ 4,095. At the same time, on Friday the trading volumes of the first cryptocurrency and steyblecoin USDT updated […]

According to the head of the largest Bitcoin exchange Binance Changpen Zhao, thanks to cryptocurrency companies can do without banks. The other day, JPMorgan Chase spokesman Ron Karpovich expressed the opinion that cryptocurrency companies in any case are forced to use the services of banks. Karpovich added that participants in the digital asset market should perceive financial institutions as their partners, not competitors. Zhao objected to the opinion of the representative of a large […]

Immediately, six international banks announced their intention to issue their own fiat currency baseballs using the IBM Wire blockchain system. Reports about it Cheddar. The statement was made by representatives of IBM and Stellar during the Money 2020 Asia conference held in Singapore. Among those who want to issue their own "stable coins": Brazilian Banco Bradesco, South Korean Bank Busan, as well as the Philippine […]

IBM’s blockchain director Jess Lund, in a conversation with Cheddar, hinted that the future-oriented development of the technology giant could be a banking sector-oriented steakcoin. According to Lund, the “stable coin” will be used for cross-border and interbank payments. The motive for its creation was the "market demand", especially from financial institutions. He also noted that detailed information about the new […]

In the new issue of the blockchain for corporations rubric, the practical application center of the blockchain-technology Orbita specifically for ForkLog has made an overview of recent initiatives to introduce distributed registry technology in the public and commercial sectors. Main news: IDC: global spending on the blockchain in 2019 will increase by almost 2 times – to $ 2.9 billion, and by 2022 it will reach the mark of […]