Dubbed Insurwave, the platform leverages blockchain and distributed ledger technologies, Microsoft Azure infrastructure, and ACORD data standards.
Union Bank of the Philippines has launched a blockchain initiative to help rural banks integrate with the country’s main financial network.
Called Project i2i, the initiative is utilizing Kaleido, a blockchain platform developed by ethereum startup ConsenSys, to enable the linkage of rural banks to Union Bank.
The United Nations Office for Project Services (UNOPS) has signed a memorandum of understanding (MoU) with blockchain network IOTA to explore how IOTA’s technology can increase the efficiency of its operations.
The UNOPS helps the United Nations (UN) and its partners provide peace and security,
Bank of Ayudhya (Krungsri), Thailand’s fifth largest bank by total assets, successfully completed a cross-border payment pilot using blockchain technology.
Krungsri conducted the blockchain pilot with Japan’s Mitsubishi Corporation (MC), MUFG Bank and Standard Chartered Singapore bank. The pilot,
Taiwanese lawmakers have formed a new parliamentary group to drive the growth of blockchain technology and cryptocurrency in Taiwan.
The Taiwan Parliamentary Coalition for Blockchain (TPCB) aims to unite politicians from different parties to decide on a clear, “friendly,” and robust regulatory framework for the blockchain sector.
The Bank of China (BoC), one of the four largest state-owned commercial banks in the country, will be using blockchain technology to support its poverty alleviation efforts in Southwest China’s Tibet Autonomous Region.
The BoC said it will integrate blockchain technology to its cloud-based system,
Blockchain 3.0 platform Aeternity has launched an incubator program to support the global blockchain ecosystem.
Founded in 2016 by the so-called “Godfather of Ethereum,” Yanislav Malahov, Aeternity is a public, open-source, blockchain-based distributed computing and digital-asset platform that builds upon decentralized cryptographic P2P technology.
A new trade organization that claims to operate at the intersection of blockchain and artificial intelligence has formed.
Financial technology firm BankEx is launching a proof-of-asset protocol that will bridge traditional financial models with tokenization.
Among the first to use BankEx is film producer Christopher Woodrow (Birdman, Hacksaw Ridge) who is using BankEx’s smart assets on his MovieCoin platform.
OwlTing USA, a Chicago-based subsidiary of Taiwan-based blcokchain firm OwlTing, has launched a blockchain platform that will enable businesses to manage end-to-end traceability more efficiently and effectively.
OwlTing USA, which was established in 2017 to bring ethereum-powered blockchain business solutions to the US market,