Wednesday, 27 May 2020
Author: Thomas_Prendergast

Blockchain Firm SETL Sidesteps Insolvency to Return as Leaner New Entity

Blockchain Firm SETL Sidesteps Insolvency to Return as Leaner New Entity            i Blockchain infrastructure firm SETL Development Ltd., which filed for insolvency in March, is back as a trimmed-down new entity formed by its management team.The new company, SETL Ltd., said Friday that it has now acquired the operating assets, staff and intellectual property […]

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Singapore Regulator Recognizes Potential of Blockchain for Cross-Border Payments

  Singapore Regulator Recognizes Potential of Blockchain for Cross-Border Payments              Sopnendu Mohanty, Chief Fintech Officer of the Monetary Authority of Singapore (MAS), said that blockchain has potential for cross-border payments but the agency “does not see much” in retail bank digital currencies. Mohanty delivered his comments at the Blockchain in Business event at the […]

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Microsoft Releases Blockchain Manager App

Microsoft Releases Blockchain Manager App             Microsoft announced its fully managed Azure Blockchain Service in a press release on May 2. The new blockchain-as-a-service (BaaS) platform will purportedly allow users to build blockchain applications on preconfigured network. According to Microsoft’s head of corporate communications, Frank Shaw, this service “simplifies the formation, management, and governance of […]

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Upgraded Hyperledger Fabric Sees 7-Fold Increase in Transaction Speed

Upgraded Hyperledger Fabric Sees 7-Fold Increase in Transaction Speed             Researchers have re-engineered the Hyperledger Fabric to support almost seven times more transactions per second (TPS), according to a May 2 news release from Canada’s University of Waterloo. A new series of optimizations increased the volume of data that the blockchain — used by financial […]

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Singapore and Canada Central Banks Complete First Cross-Border Blockchain Payment

Singapore and Canada Central Banks Complete First Cross-Border Blockchain Payment              The central banks of Singapore and Canada have successfully used their blockchain networks to send each other digital currency, a joint press release confirmed on May 2. As part of the distributed ledger technology (DLT) projects being pursued by both banks, the Monetary Authority […]

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