Posts in category

Distributed Ledger Technology


Building enterprise blockchains can be a pain in the neck. Since the technology is so new, much of its underlying infrastructure isn’t yet stable or automated, and as such, it demands that developers spend time rebuilding. The executives of Elemential know that headache well, and as such, are using their company to simplify the process …

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Amazon Web Services, the e-commerce giant’s cloud computing arm, has launched a new service for launching out-of-the-box blockchain networks for the ethereum and Hyperledger Fabric protocols. In a blog post published on Wednesday, AWS chief evangelist Jeff Barr wrote that the newly launched “templates” allows clients to “launch an ethereum (either public or private) or Hyperledger …

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Xunlei, the NYSE-listed cloud network provider, has launched its proprietary blockchain platform, despite ongoing class actions over an alleged initial coin offering (ICO). At a press event in Beijing on Friday, the company announced its open blockchain protocol dubbed ThunderChain, which is designed to enable developers to build decentralization applications. Based on the practical Byzantine …

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Speaking at the Synchronize 2018 conference in New York City on Thursday, Nick Szabo, a pioneering cryptographer who first developed the concept of smart contracts in 1996, urged the audience not to lose sight of blockchains’ original promise. “I just want to plug the benefits of trust minimization and decentralization,” he said while participating in …

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Speaking to an audience in New York City on Thursday, Digital Asset CEO Blythe Masters and R3 founder and CEO David Rutter worked hard to cast their projects not as applications but as entire ecosystems for developers to build apps of their own. Rutter and Masters took the stage during the first session of the …

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Batavia, a blockchain-based trade finance platform founded by banking giant UBS in partnership with IBM, has conducted its first live cross-border transactions involving corporate clients. According to an announcement released Thursday, the pilot effort saw the platform carry out the full cycle of trades, automatically forming agreements and closing payments, in a process powered by …

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Energy giant BP would consider partnering with blockchain startups that are doing initial coin offerings, and it’s even tested tokens internally, an executive said Wednesday. Speaking at the Blockchain Expo in London, Julian Gray, the technology director for BP’s digital innovation organization, voiced a common theme: non-financial enterprises are perhaps more open to open-blockchain innovation that …

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Online advertising has long seemed a ripe target for blockchain transformation. Going back to the early days of bitcoin, technologists imagined that cryptocurrency tips would fund content creators so they wouldn’t have to rely on display ads to pay the bills. More recently, marketers have experimented with smart contracts on ethereum to prevent bots from …

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International insurance broker Marsh is working with companies like IBM to develop a blockchain-based insurance verification platform. Also involved in the project are insurance non-profit ACORD Corporation and ISN Software Corp., according to Monday’s announcement. Together, the companies are developing the platform – which will help streamline the process by which companies can verify that a …

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Correction (16th April 5 p.m. EST): An earlier version of this article inaccurately reported that the $775k was drawn from a recently conducted SAFT sale. According to 0x, the funds were sourced from a SAFT sale conducted last year with investors. This article has been updated to amend the inaccurate information. Decentralized exchange protocol developer …

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Decentralized exchange protocol developer 0x raised $775,000 in just a few days through a Simple Agreement for Future Tokens (SAFT) sale, new filings show. A Form D filing with the U.S. Securities and Exchange Commission from April 3 reveals that 22 investors participated in the round. It is not immediately clear who backed the sale …

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Cryptocurrency is crawling with ambitious visions for the future. Indeed, one of the most hyped ways in which the technology could come to proliferate is through its union with a concept called the internet of things (IoT), whereby nearly everything (think watches, refrigerators and automobiles) is connected to the internet and as such, “talks” to …

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Salesforce is working on a product based on blockchain technology, the cloud computing company’s CEO has revealed. Marc Benioff, who founded the company in 1999, revealed the news when speaking to Business Insider’s Julie Bort at the TrailheaDX Salesforce Developer Conference on March 28 (check out the video below). Benioff said he’d begun to hone …

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The company founded by the “father” of the mortgage-backed securities market has partnered with blockchain startup Symbiont with the aim of shaking up the mortgage industry. Ranieri Solutions was created by Lewis Ranieri – a former Salomon Brothers bond trader who pioneered the development and use of mortgage-backed securities (MBS) back in the 1970s – and …

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What is a “cryptocurrency?” Try as Webster dictionary may, a formal definition remains hard to pin down. While it’s unclear exactly when the word itself was coined, bitcoin, the world’s very first such cryptographically-backed asset, is probably the answer that most often springs to mind. Still, a vast array of very different technologies now carry and …

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A member of the Swiss National Bank’s governing body said Thursday that central bank digital currencies (CBDC), if created, would pose risks to financial stability while offering few tangible benefits. Andrea Maechler, a member of the central bank’s three-person Governing Board, told an audience in Zurich that distributed ledger technology (DLT) – which she equated with …

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It turns out, you can launch crypto tokens on Ripple’s XRP Ledger, and a small group of coders are seeking to be among the first to do it. Stepping back, that might seem strange on multiple levels. For one, there’s XRP Ledger’s association with Ripple, the San Francisco startup that has largely tried to distance itself …

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The government of Mexico has been quietly working on a project to track bids for public contracts using blockchain, a government official revealed Tuesday. Speaking at a tech conference in Jalisco, Mexico’s national digital strategy coordinator Yolanda Martinez detailed Blockchain HACKMX, a project she said has been in production since last September. The system was …

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Singapore’s government is launching a challenge that will reward successful blockchain projects with funding. In an announcement Thursday, Singapore’s Infocomm Media Development Authority (IMDA) said the challenge aims to boost blockchain innovation as part of a wider goal of the digital transformation in the city state. According to the fact sheet for the challenge, the bureau …

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The Bank of England announced on Tuesday that it is undertaking a new proof-of-concept to explore the ways its planned real-time gross settlement (RTGS) system could connect with distributed ledger networks. The U.K. central bank first announced its intentions to develop a DLT-compatible service in 2017, having previously said that it wouldn’t move to base …

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