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4 articles found
Latest
How Will Nasdaq Use DLT and Blockchain Technologies?
Nasdaq co-President Tal Cohen has announced the revival of the exchange's custody project, which was previously put on hold in the summer of 2023. However, the new platform's capabilities will be leveraged for different objectives.
DZ Bank Launches a Blockchain-Based Crypto Custody Platform
Germany's third-largest bank, DZ Bank AG, has unveiled a digital assets custody platform built on distributed ledger technology (DLT).
China Views Blockchain as Cornerstone of Its Economic Development
Despite the ban on cryptocurrencies, China regards blockchain as the foundational technology essential for its economy's future. There, DLT projects enjoy the full backing of regulatory authorities and the Communist Party of China.
FedNow Showcases Hedera-Based Dropp Platform
The U.S. Federal Reserve's instant payment system, FedNow, has highlighted Dropp, a micropayments platform built on Hedera Hashgraph, in its Service Provider Showcase. This section connects financial institutions with providers that can assist in implementing instant payment products using FedNow. Dropp offers a digital solution for merchants to accept payments at reduced costs, leveraging DLT and banking tech. While this suggests the Federal Reserve's growing interest in DLTs, FedNow clarifies that the showcase is merely for convenience and doesn't imply endorsement.
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