distributed ledger technology

Bank of England Announces CBDC Experiments
Bank of England Announces CBDC Experiments
July 30, 2024  |  CBDC

The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Citing growing innovations and...

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Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
March 18, 2024  |  Blockchain

For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents...

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FDIC Vice Chair: Tokenization ‘Beginning’ to Deliver Benefits  
FDIC Vice Chair: Tokenization ‘Beginning’ to Deliver Benefits  
March 13, 2024  |  Blockchain

Blockchain is full of promise, cryptocurrency perhaps less so, and tokenization is already shifting what it means to “own” an asset. In a speech delivered...

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Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
Are Blockchain-Based Smart Contracts a Smart Option for Global Financing?
February 28, 2024  |  Blockchain

Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. In large part by finding historical opportunity areas within the traditional...

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Citi Completes Proof of Concept on Tokenization of Private Markets
Citi Completes Proof of Concept on Tokenization of Private Markets
February 14, 2024  |  Technology

Citigroup has partnered with Wellington Management and WisdomTree to explore the tokenization of private markets. The collaboration successfully completed a proof of concept on the...

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DLT’s Role in Traditional Finance May Scale With Tokenized Loans
DLT’s Role in Traditional Finance May Scale With Tokenized Loans
December 15, 2023  |  Blockchain

Distributed ledger technology (DLT) has long been promised to upend traditional financial services. The common refrain has been that blockchain would do so by disintermediating...

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RYVYL and R3 Launch Blockchain-as-a-Service Platform
RYVYL and R3 Launch Blockchain-as-a-Service Platform
December 14, 2023  |  Blockchain

Blockchain ledger-based payments platform RYVYL has partnered with distributed ledger technology firm R3. The collaboration, announced Thursday (Dec. 14), comes in the form of “RYVYL Block,” described by...

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Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
August 28, 2023  |  Regulation

A new Federal Reserve supervisory letter on the process for state member banks using dollar tokens, such as stablecoins, to facilitate payments has drawn the...

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Standard Charter Expects Bitcoin to Reach $120,000 by End of 2024
Standard Charter Expects Bitcoin to Reach $120,000 by End of 2024
July 10, 2023  |  Cryptocurrency

Standard Chartered has raised its bitcoin price predictions after seeing increased miner profitability. The bank now projects the crypto asset to reach a price $50,000...

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