Two blockchain association in Singapore have joined forces to set up a new blockchain industry group called Blockchain Association Singapore (BAS).
BAS is a merger of two blockchain associations – Singapore Blockchain Association (SBA) and the Blockchain, Enterprise and Scalable Technologies (BEST), both founded in 2018.
Dubai Economy has partnered with six major banks to form a blockchain consortium for sharing of verified Know Your Customer (KYC) data between banks and licensing authorities in the UAE. Participating banks include Emirates NBD, Emirates Islamic, HSBC, RAKBANK, Abu Dhabi Commercial Bank (ADCB) and Commercial Bank of Dubai (CBD).
National Australian Bank (NAB) has announced that it has joined the Marco Polo Network, becoming the network’s first Australian banking partner.
NAB is one of the four largest financial institutions in Australia in terms of market capitalization, earnings and customers.
Japan-based Mitsubishi UFJ Financial Group (MUFG), the world’s fifth-largest financial institution, has established the Security Token Research Consortium to develop next-generation financial transaction services using blockchain technology.
The ST Research Consortium includes Mitsubishi UFJ Trust and Banking Corporation, together with Mitsubishi UFJ Morgan Stanley Securities Co.,
Multinational banking and financial services firm Standard Chartered has joined the Enterprise Ethereum Alliance (EEA).
Headquartered in London, Standard Chartered is a multinational banking and financial services company that operates a network of more than 1,200 branches and outlets,
Blockchain accelerator MouseBelt has launched a new initiative to drive blockchain innovation through education, research, and entrepreneurship at top universities.
MouseBelt is an ecosystem that promotes blockchain innovation by supporting hands-on development for the projects, individuals, and emerging leaders that are pushing the industry forward.
Major cryptocurrency firms have joined forces to create a new organization that would assist market participants that trade or support crypto assets to comply with US federal securities laws.
Called Crypto Rating Council, the new member-operated organization includes Coinbase, Anchorage,
The Bank of America (BofA), the second largest bank in the US, has joined the Marco Polo Network to tackle
trade finance challenges.
BofA is a long standing provider of trade and supply chain finance solutions, with offices spanning Asia Pacific,
Ethereum developer studio ConsenSys has become the newest Premier Member of Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies.
Founded in 2015, ConsenSys is developing a variety of applications which operate on the ethereum blockchain.
After months of rumors, Facebook today unveiled its plans for its own cryptocurrency, which the company called Libra. The social media network is launching with support from partners including PayPal, Uber, Spotify, Visa and Mastercard and plans to debut Libra sometime in the next six to 12 months.
