Adoption

BCB Group Partners With Circle To Offer Stablecoin Payments

  • BCB's partnership with Circle will allow the group to improve its infrastructure for efficient USDC payouts and settlements.
  • The partnership was also spurred by a growing demand for dollar-pegged stablecoins.

Goldman Sachs Appoints New Head Of Digital Assets, Doubles Team’s Headcount

  • The new leader of Goldman’s digital assets team will be financial market veteran Mathew McDermott.
  • The bank has expressed its intentions to further bet on blockchain technology by allowing him to double the size of his team.

Electric Capital Raises $110 Million To Advance Blockchain Adoption

  • The VC fund has partnered with various institutional investors to line up resources for the next wave of crypto entrepreneurs.
  • The company will explore new opportunities in Layer 1 protocols, DeFi products and crypto-enabled marketplaces.

Italian Banks Adopt R3’s Corda Blockchain To Improve Interbank Data Transfers

  • According to the Italian Banking Association, a total of 55 banks have been onboarded on the Corda-based blockchain platform.
  • As the Interbank Agreement was updated last year, more lenders are expected to integrate the standard by October.

University of North Texas Adopts Blockchain Credentials Platform

  • GreenLight Credentials allows students to instantly share their university transcript with potential employers all around the world.
  • GreenLight's digital platform also helps UNT at Dallas to enroll students from the area.

The National Digital Currency of The Marshall Islands Will Be Powered by Algorand

  • The new digital asset will utilise a co-chain of Algorand, instead of the main chain.
  • Its price will be pegged to the US dollar and it will be gradually released to the public via a ICO-like process that would continue for 18 months.

BitPay Will Support BTC and BCH Payments From Any Wallet or Exchange

  • The change of direction is part of a series of decisions aimed at expanding BitPay's user base.
  • The company has explained the potential risks with the new approach, and the measures taken to allow for the same smooth user experience as before.

Tianjin University, Hoopox Establish Blockchain Research Laboratory

  • The initiative is expected to create traction between talents and big industry players that will work on blockchain development.
  • The official ceremony saw speeches by the CEO of Hoopax and the Secretary of Tianjin University Party Committee.

BRICS Nations Could Use Cryptocurrency for New Payment System

  • The five member nations discussed the development of a new payment system for settlements, which could use cryptocurrencies.
  • The discussed digital currency will most likely be used to facilitate trade transactions.

Nestle and Carrefour to Track Baby Milk With IBM’s Platform

  • In order to boost consumer confidence in their infant milk formula, the two companies will use IBM's Food Trust blockchain platform.
  • Customers can access a range of data on the product's origins and movement by scanning a QR code.