Search Results for: Service

Exclusive: How Significant is Consensus As-a-service Model?

While Amazon and Microsoft launched the blockchain-as-a-service (BaaS) platform in 1H 2019, Hedera Hashgraph collaborated with IBM to launch a consensus as-a-service model. Is this the next upcoming tech trend for giants to follow? Sami Mian, Head of Korea, and Japan of Hedera Hashgraph revealed the significance of the consensus as-a-service model! He also explained … Continue reading Exclusive: How Significant is Consensus As-a-service Model?

Coincover Sets Eyes on Crypto-based Insurance Service

Coincover, a Cardiff based start-up in the United Kingdom, has gone a notch higher by introducing a crypto-based insurance service. The primary objective of this move is deterring asset loss and theft in the cryptocurrency space.  The novelty of Coincover has made it a reckoning force in the technological sector. For instance, it was recently … Continue reading Coincover Sets Eyes on Crypto-based Insurance Service

Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery

Uttama Savanayana, Thailand’s Finance Minister, has stipulated that his ministry intends to use blockchain technology in upgrading the system infrastructure. The decision comes from the knowledge that blockchain technology will ensure optimal service delivery to the nation’s citizens.  Uttama views blockchain as part of the technological innovations that will maximize efficiency and productivity in the … Continue reading Thailand Finance Ministry Eyes Blockchain Technology to Revamp Service Delivery

Bittrex Exchange Halts Services In 31 Countries Due To Regulatory Risk

Bittrex, a U.S-based blockchain platform that provides real-time trade execution, dependable digital wallets, and industry-leading security practices, has just recently announced the shutdown of operations in 31 countries of the world. These countries were not just suspended but to be blocked owing to crypto regulatory uncertainty. This implies that the customers from these restricted countries … Continue reading Bittrex Exchange Halts Services In 31 Countries Due To Regulatory Risk

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

In a report posted by the Sygnum official blog site on Oct. 31, it has been stated that the company has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets services in the country which complemented their recent obtainment of banking and securities dealer license in Switzerland from the Swiss Financial … Continue reading World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

SBI Group Introduces Blockchain-Based Money Transfer Service Between Japan And Vietnam

SBI Ripple Asia recently announced that it has joined hands with SBI Remit to provide money transfer services between Japan and Vietnam using blockchain technology. Of course, the two Japanese companies are working with a local Vietnamese bank – Tien Phong commercial joint-stock bank, for making the transfer in fiat currency.     SBI Group is the holding … Continue reading SBI Group Introduces Blockchain-Based Money Transfer Service Between Japan And Vietnam

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity Digital Assets Service (FDAS), the cryptocurrency arm of Fidelity Investments has been granted a license by the New York State Department of Financial Services (NYDFS), allowing the company to offer cryptocurrency trading and custody services.  According to the press release on Nov. 19, the NYDFS authorized FDAS to act as a limited liability trust … Continue reading Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

A New Era of Smart Banking: Virtual Bank by Standard Chartered Building Digitally-Born Services

Hong Kong’s currency board and de facto central bank, Hong Kong Monetary Authority (HKMA), introduced the virtual banking license in 2017 for a “new era of smart banking.” Since then, there have been eight licenses granted, one of which includes SC Digital Solutions Limited, the Virtual Bank by Standard Chartered (official name to be revealed), … Continue reading A New Era of Smart Banking: Virtual Bank by Standard Chartered Building Digitally-Born Services

Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe

Matrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office. However, for now, Matrixport will not offer its payment services in Europe. Instead, it aims to apply for a Swiss banking license. Matrixport is backed by Bitmain, … Continue reading Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe

Belgian Blockchain-Platform-as-a-Service Company Sets Foot in the Indian Market

The Indian blockchain sector is ripe for investment based on the rapid growth witnessed to the tune of at least $20 billion as this technology is being deployed in different industries.  As a result, SettleMint, a Belgian blockchain-platform-as-a-service company, has revealed its penetration into the Indian market.  The primary objective of this firm is to … Continue reading Belgian Blockchain-Platform-as-a-Service Company Sets Foot in the Indian Market

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