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Tag Archives: Blockchain Adoption

Mondelēz International Partners With Hedera on Distributed Ledger Technology

The Hedera Council announced a new partnership with food giant Mondelēz International, the company behind popular brands such as Toblerone, Cadbury, and Oreo. As the governance body for the Hedera public network, the council will assist Mondelēz in developing distributed ledger technology solutions for internal use. Currently, the Hedera network is governed by a wide array of industry leaders such as Dell, IBM, Google, Deutsch Telekom, Ubisoft, and plenty more. Continuous...

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Here’s How Americans Could Have Saved $74B in Fees in a Single Year, According to Coinbase

Coinbase, the largest cryptocurrency exchange in the U.S., believes American households could have saved approximately $74 billion in credit card transaction fees in 2022 if they used blockchain technology. In Coinbase’s latest State of Crypto Report, the exchange outlined the frustrations of the current financial system, ranging from high costs to delays and difficult access, insisting that blockchain technology eliminates all the issues. Saving $74B in Transaction Fees...

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These 4 Charts That Show Crypto Adoption is Still Surging 

Crypto markets remain down around 65%, or $2 trillion in total market capitalization, from their peak in November 2021. The industry has been battered by a barrage of attacks from regulators and politicians, especially in the United States. Moreover, the wave of hacks and exploits has continued unrelenting. Nevertheless, there is a silver lining, and that is growth and adoption across the sector. On Sept. 26, DeFi researcher Thor Hartvigsen shared four charts showing that the...

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Telegram’s New Wallet Launch on TON Blockchain Sparks Controversy

Telegram recently released its self-custodial wallet on The Open Network (TON) blockchain. However, this development has sparked controversy. Following the launch, CertiK, a reputable blockchain security firm, issued a warning about the use of Telegram bot tokens. Certik’s Cautionary Message On Sept. 13, Certik released a cautionary message on social media, advising cryptocurrency enthusiasts to exercise caution when dealing with Telegram bot tokens. Certik’s report...

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JP Morgan Explores Blockchain-Based Deposit Token for Faster Cross-Border Settlements: Report

American financial services giant JP Morgan is exploring a new type of token that will speed up its cross-border payments and settlements. People familiar with the matter told Bloomberg that the multinational financial services firm has developed most of the underlying infrastructure needed to launch a deposit token. However, the firm is waiting for approval from U.S. regulators. JP Morgan to Launch Deposit Token A deposit token is a digital coin that serves as a deposit...

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LSE Group Plans to Launch Trading Venue Powered by Blockchain Technology: Report

The London Stock Exchange (LSE) is reportedly planning to develop a digital markets enterprise. The move aligns with its broader strategy to become the first major exchange offering comprehensive trading of traditional financial assets on blockchain technology. One of the world’s oldest stock exchanges which can trace its history back more than 300 years, is “definitely not building anything around cryptoassets.” The focus is rather on blockchain technology to improve the...

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Crypto Will Go Away If There’s No Privacy: Interview With Anoma and Namada’s Adrian Brink

To this day, privacy arguably remains the fatal flaw of the most popular blockchain networks. Both Bitcoin and Ethereum use fully transparent public ledgers to store their transactions. While technically anonymous, careful digging can allow external parties – including governments – to uncover the identity of any number of parties behind an address or set of transactions. For the more privacy-focused blockchains and protocols, authorities have mostly banned centralized...

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Fireblocks Expands Support for Amazon Web Services, Google Cloud Platform, Alibaba Cloud

Crypto infrastructure giant Fireblocks has announced that it has started offering support for cloud service providers Amazon Web Services (AWS), Google Cloud Platform (GCP), Alibaba Cloud, Thales, and Securosus by expanding its MPC-CMP wallet and key management technology. The latest move is expected to help banks and financial institutions to leverage Fireblocks’ security and technology stack to seamlessly bring their digital asset initiatives into production while meeting...

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Nigeria’s National Blockchain Policy Greenlighted by the Government

Nigeria’s Federal Ministry of Communications and Digital Economy (FMCDE) has approved the National Blockchain Policy as the country doubles down on creating a blockchain-powered economy. The adoption of the policy by the government will pave the way for the formal utilization of the technology in the country, which has seen significant crypto adoption in recent years. The FMCDE believes its implementation will have a positive effect on both the public and private sectors in...

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