Central Bank of the Bahamas Selects Blockchain Startup NZIA for Digital Currency Project

Blockchain Startup NZIA


The article Central Bank of the Bahamas Selects Block Chain Startup NZIA for Digital Currency Project appeared first on Coinjournal.

Even the Central Bank of the Bahamas has selected NZIA Limited whilst the technology services provider because of its Job Sand Dollar, a project aimed at creating a bank currency that was digital. NZIA is going to be accountable for designing and designing the electronic fiat money platform to the Bahamas, ” the central bank said on March 1, 2019. […]

High School Team Places Third in Barclays Blockchain Challenge Event

  If understanding how distributed ledger tech works inside banks is complex, finding ways to make different varieties of enterprise blockchains talk to each other is a doozy of a challenge. And yet, that’s exactly what a team of high school students – soon to sit their A-Level exams in computer science – has done. The team, from Bedford School in the U.K., won third place in a blockchain interoperability hackathon hosted by London-based blockchain startup Clearmatics at the Barclays Rise fintech hub in London. The challenge set by Clearmatics, which…

Microsoft Is Pushing New Blockchain ID Products (But There’s Pushback, Too)

  Microsoft is moving to turn blockchain-based decentralized identity from a lofty aspiration into a business line. In a white paper posted this week, the software giant says it intends to develop two products designed to give consumers greater control of their personal data – long the Holy Grail of many technologists in the blockchain space and adjacent industries. One such product is an encrypted personal data store, or “identity hub,” which is a combination of user’s personal devices and cloud storage that Microsoft would offer through Azure, its cloud computing…

Deloitte Blockchain Chief: Bad Crypto Headlines Making Clients ‘Nervous’

Linda Pawczuk

  “Can we stop talking about my bad brother?” That’s how Linda Pawczuk, leader of Deloitte Consulting’s financial services industry blockchain group, describes the conversations she often has these days with executives and board members of client companies. Pawczuk’s team is squarely focused on helping decades-old, global enterprises figure out how to use distributed ledger technology (DLT) to transform their paper-based business processes for a digital age. But recently, she said, these clients have been asking about the wilder side of blockchain they’ve read about in the news: the initial…

IBM and Maersk Struggle to Sign Partners to Shipping Blockchain

ibm

It’s hard enough to get enterprises that compete with each other to work together as a team, but it’s especially tricky when one of those rivals owns the team. Shipping giant Maersk and tech provider IBM are wrestling with this problem with TradeLens, their distributed ledger technology (DLT) platform for supply chains. Some 10 months ago, the project was spun off from Maersk (the largest container shipping company on the planet) into a joint venture with IBM. But in that time the network has enticed only one other carrier onto…

Investors Back World’s First Blockchain Bond, Demand From Institutions

World Bank

  The Commonwealth Bank of Australia (CBA) and the World Bank launched the first blockchain bond in the global finance sector this month. Already, institutional investors are showing increasing interest. On August 10, CCN reported that World Bank selected CBA, the biggest bank in Australia, to issue the world’s first blockchain bond based on the Ethereum blockchain network. Bond-I, the blockchain-based debt instrument, implemented Microsoft’s blockchain cloud computing platform Azure that is compatible with the Ethereum network to settle orders, after Microsoft confirmed that Ethereum is able to securely facilitate…