Together with the digital asset startup Metaco, the German bank DekaBank, which has been in business for 105 years, is now working on the preparations necessary to launch a tokenization platform that is powered by blockchain technology. Sack has said that the infrastructure for the tokenization platform will become accessible in the not too distant future, and that this will result in the introduction of the first minimum viable product in our cryptocurrency custody solution. Moreover, he believes that this will take place very soon. He went on to explain…
Tag: Platform
Web3 Gaming Platform Ajuna Raises $5M in New Private Financing
Ajuna offers a product suite that makes it possible for developers to use leading game development engines – Unreal and Unity – to create decentralized games, making it easier for both traditional developers and gamers to enter Web 3 gaming, according to a statement seen by CryptoX on Friday. The game engines are run in off-chain, trusted execution environments (TEEs) linked to the Polkadot blockchain to reduce latency, the statement said. Source AjunaFinancingGamingPlatformPrivateRaisesWeb3 CryptoX Portal
This German Bank Will Release A Blockchain-Based Tokenization Platform
Blockchain tokenization has gained more traction in the financial industry recently. It allows people to convert their ownership rights or assets into digital forms to secure them. In the latest development, the German generational bank DekaBank revealed plans to release its blockchain-based tokenization platform next year. But as per the details, the focus is not on regular crypto assets such as Bitcoin but on funds and stocks. DekaBank Partners With Metaco To Launch Its Blockchain-Based Platform DekaBank is collaborating with Metaco, a digital asset management company, as it plans to…
Arbitrum-Based Radiant Capital Targets Outsized Platform Profitability With V2 Launch
“By introducing a revised tokenomics model that focuses on a virtuous flywheel for long-term RDNT stakers, Radiant v2 constitutes an effective iterative upgrade on RDNT v1,” pseudonymous crypto investor and researcher DeFi Maestro told CoinDesk, adding that the “flywheel encourages users to participate more actively in the protocol via rewards incentives.” Source
German DekaBank plans to launch tokenization platform by 2024
105-year-old German bank DekaBank is planning to launch a blockchain-based tokenization platform in collaboration with the digital asset firm Metaco. DekaBank targets the release of its blockchain platform sometime in 2024, while the infrastructure is expected to be ready in 2023, DekaBank’s digital asset custody executive Andreas Sack told Cointelegraph. “The tokenization platform infrastructure will be ready in the foreseeable future, and that will launch the first minimum viable product in our crypto custody solution,” Sack stated. He added that the first test transactions of the tokenization platform are likely…
Fujitsu launches Web3 acceleration platform for startups and partner companies
The Japanese-based multinational tech company Fujitsu has announced the launch of a new platform designed to support Web3 developers worldwide. According to a report by the Fintech Times, Fujitsu’s Web3 Acceleration Platform seeks to provide a development environment, blockchain-based service APIs, high-computing technologies, simulations, AI, combinatorial optimization, for start-ups, partner companies, and universities building Web3 applications and services. The company said on Feb. 8 that its platform aims to support the creation of a diverse ecosystem of Web3 applications across a range of use cases, such as digital content rights…
UK blockchain carbon offset platform raises $45M in seed funding
According to a press release published on Feb. 8, blockchain carbon credit transaction network Carbonplace has secured $45 million in an investment round from its nine founder banks with a combined $9 trillion in assets under management. The banks are BBVA, BNP Paribas, CIBC, Itaú Unibanco, National Australia Bank, NatWest, Standard Chartered, SMBC, and UBS. The London-based fintech has also announced that it will become an independent entity, led by new CEO Scott Eaton. As told by Carbonplace, the company will use the investment to strengthen its platform and workforce,…
File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product – Blockchain Bitcoin News
File transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. Wetransfer’s announcement details that users leveraging the Minima cooperative will be able to mint NFTs from a mobile device or computer. Wetransfer and Minima Partnership Aims to Bring NFT Minting to Mobile and Desktop Devices On Feb. 6, 2023, file sharing company Wetransfer, founded in 2009, revealed its entry into the NFT industry. Wetransfer announced a partnership with blockchain project Minima, a distributed communications network set…
Digital Asset Management Platform HeightZero Taps CoinDesk Indices to Offer Crypto Basket to Financial Advisers
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
File Sharing Service WeTransfer Partners With Blockchain Platform Minima on Mobile NFT Solution
“This partnership will explore the practical use of NFT technology, something which interests not only the crypto industry, but will be a test case to demonstrate the potential of wider adoption of this innovative digital tool,” said Minima CEO Hugo Feiler. Source link