Blockchain Firm Kadena Completes Hybrid Blockchain Scaling To 480,000 Transactions Per Second On 20 Chains

Announcements, Blockchain, News | August 20, 2020 By:

Blockchain firm Kadena has announced that its scalable layer-1 public blockchain has increased from 10 to 20 chains, becoming the fastest blockchain platform in the world.

Kadena, a blockchain technology company founded by former JPMorgan and SEC technologists, is developing blockchain platforms for businesses and entrepreneurs by solving the speed,


JPMorgan Files Patent For Blockchain Cross-Border Payment Network

Blockchain, News | May 4, 2018 By:

JPMorgan Chase has applied for a patent to use blockchain technology for the reconciliation and facilitation of financial transactions between banks.

In a patent application published by the US Patent and Trademark Office on Thursday, JPMorgan is seeking to use distributed ledgers to keep track of payments that are sent between banks using a peer-to-peer (P2P) network.


JPMorgan Chase Sued Over ‘Sky-High’ Cryptocurrency Fees

Crime, News | April 12, 2018 By:

JPMorgan Chase has been hit with a class-action lawsuit in Manhattan federal court for charging “sky-high” interest rates and fees to customers who used their credit cards to buy cryptocurrencies.

Brady Tucker, the plaintiff named in the April 10 complaint, alleges that Chase Bank charged additional layers of fees and much higher interest on the cash advances versus what they charge for credit card purchases,


Singapore Central Bank Mulls Instant International Settlements

Blockchain, FinTech, Group, Innovation, Investing, News, Regulation | August 2, 2017 By:

The Monetary Authority of Singapore (MAS) plans to use distributed ledger technology to instantly connect central banks around the world.

Called Project Ubin, the MAS plan is to make any institutionally crucial or high-value transactions settle instantly. The system would executive smart contracts using tokenized international currencies and keep the transactions private using zero-knowledge proofs and Intel’s security.