Tag: BlockchainPowered

SIX Swiss Exchange Postpones Launch of Blockchain-Powered Digital Exchange

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Switzerland’s principal stock exchange, SIX Swiss Exchange, has postponed the launch of its “fully-regulated” cryptocurrency exchange SIX Digital Exchange (SDX). As Reuters reported on Sept. 23, a spokesperson familiar with the situation said that SIX moved the full launch of SDX to the end of 2020 primarily due to legal and regulatory issues. The exchange is reportedly still in negotiations with partner banks, the services of which it will offer on the platform. The spokesperson said: “Future releases will offer more functionality, with a particular emphasis on asset servicing, in…

Pundi X Sets to Launch BOB: Fully Blockchain-Powered Phone

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Pundi X, an open platform for blockchain developers, has announced the launch if its fully blockchain-powered smartphone. Launching at the IFA 2019 conference in Berlin, the blockchain phone will be called BOB (Blok on Blok). The phone will be using the framework of the company’s Function X blockchain ecosystem to execute data. It will aim to improve the existing architectures of blockchain and the internet. The phone will work by totally decentralizing the service provider’s features and services. This means that the service providers will not have any of the…

Jibrel to Launch Regulated Blockchain-Powered Private Financing Platform

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Swiss-based blockchain fintech company Jibrel Network, a blockchain-based fintech company has just launched Jibrel.com — a new regulated blockchain-powered private financing platform. advertisement It was recently accepted into the Abu Dhabi Global Market (ADGM) RegLab cohort in the UAE and the words of Yazan Barghuthi, Jibrel’s co-founder and CEO: “We are excited to be launching a vertically integrated private lending platform that will take startups from inception to maturity. The platform will increase investor transparency, simplify regulatory oversight and improve liquidity — by providing a streamlined platform to buy, sell and…

Dapper Labs Partners with the NBA to Launch a Blockchain-Powered Basketball Game

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Dapper Labs, a blockchain-focused company behind the world’s most successful and popular blockchain application CryptoKitties, is about to introduce first of its kind and top of the line game to basketball fans around the world. NBA Top Shot, a new digital platform and game from Dapper labs, will allow basketball fans to trade and own exclusive digital NBA tokens or collectibles on blockchain. Dapper Labs in association with National Basketball Association (NBA) and National Basketball Players Association (NBPA) announced the launch of NBA Top Shot, a digital gaming platform where…

Block.One Pays $30M for New Blockchain-Powered Social Media Platform’s Domain Name

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Eos (EOS) developer Block.one has paid $30 million in cash to purchase a domain name for its new blockchain-based social media, called “Voice.” The development was revealed in a filing published by the United States Securities and Exchange Commission (SEC) on June 18. According to the SEC filing, submitted by enterprise analytics and mobility software provider MicroStrategy, Block.one’s domain name purchase of “voice.com” was enabled by web domain registrar GoDaddy and concluded on May 30, 2019. In an official statement, Marge Breya —  senior executive vice president and chief marketing…

Iceland’s Financial Regulator Approves Blockchain-Powered E-Money Firm

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The Financial Supervisory Authority (FME), Iceland’s sole financial regulator, has approved the first blockchain-powered e-money firm in the country, as the organization announced on June 14. Reykjavik-based Monerium, backed by blockchain software company ConsenSys, has reportedly been approved by the Icelandic financial watchdog to provide fiat payment services using ethereum (ETH) blockchain, crypto media outlet CoinDesk reported June 14. According to the report, Monerium has become the first company to operate under an electronic money framework, a major European regulatory framework that enabled the firm to offer blockchain-powered e-money services…

BUX and ABN AMRO Clearing Partner on Blockchain-Powered Stocks Investment Mobile App

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Global securities services provider ABN AMRO Clearing has signed a contract to provide European mobile investment platform BUX with blockchain technology for a forthcoming commission-free stock trading mobile app. The news was revealed in a BUX news release on May 29. According to the news release, ABN AMRO Clearing processed 3.79 billion trades in 2018, and reportedly consistently ranks as a top three clearer for listed derivatives and cash securities, OTC products, warrants, commodities and FX across the majority of time zones.   BUX’s new app, dubbed STOCKS, is slated…

Blockchain-Powered IPO Platform to List First Company in June

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SprinkleXchange, a blockchain-powered initial public offering platform, is preparing to list its first company in June, Bloomberg reported on May 17. According to Alexander Wallin, the bourse’s CEO, it is hoped that up to 1,000 companies will join over the next three to four years. The Ethereum blockchain is used for settlement and clearing, and its users will be able to trade listed companies and cryptocurrencies 24 hours a day. Switzerland’s SIX stock exchange is also planning to launch a blockchain-powered digital exchange, which will be powered by blockchain consortium…

Swiss Exchange SIX Top Exec Reveals Plans to Launch Tokens on Blockchain-Powered Exchange

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A top executive at Switzerland‘s principal stock exchange, SIX Swiss Exchange, has revealed the company will look to issue its own digital tokens as part of its forthcoming blockchain-powered digital exchange. The development was reported by financial news outlet Finews on May 6. The SIX Swiss Exchange sees roughly 5.2 billion Swiss Francs (CHF) (~$5.1 billion) in daily turnover, and has a market capitalization of over 1.67 trillion CHF ~($1.6 trillion). As previously reported, SIX unveiled its plans to launch a digital asset ecosystem, dubbed Six Digital Exchange (SDX), in…

Diamond Standard Launches Blockchain-Powered Token Backed by Real Gems

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As a store of value, diamonds have their advantages over gold. They’re small, portable, and easy to grade. But, even though they pack in more value per ounce, diamonds are much harder to standardize into a form of exchange. Now a company called Diamond Standard believes it has solved that problem by combining a hardware solution with a blockchain twist. How does it work? Gold is often traded in standardized “bars.” Diamond Standard is aiming to do the same with diamonds. Diamond Standard sells sets of diamonds come in coin-sized discs…