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BDACS Launches Won-Backed Stablecoin, After PoC With Woori Bank
18.9.2025
BDACS announced the launch of KRW1, a South Korean won-backed stablecoin, following a proof of concept that validated its technical design. BDACS Targets Payments and Public Disbursements With KRW1 Stablecoin KRW1 is trademarked by BDACS and issued on the Avalanche (AVAX) blockchain. The company...
Citi Innovates with Avalanche Blockchain to Tokenize Private Equity Funds
15.2.2024
Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for...
Bank of England opens applications for 'proof of concept' CBDC wallet
12.12.2022
The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000
South Africa finishes technical PoC for wholesale CBDC settlement system
8.4.2022
The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs
Hedera Hashgraph presents e-Apostille PoC to Texas Secretary of State
11.1.2021
There is no indication that anyone requested such a proof-of-concept, however
Austrian Bank Raiffeisen Works on National Digital Currency Pilot
18.5.2020
Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of blockchain-based national currency tokenization
US Treasury to Complete PoC of Blockchain-Based Grants Payment System
13.1.2020
The U.S. Treasury Department is finishing tests of a blockchain-based grant tracking system
MediConnect Completes PoC to Track Medication Through the Supply Chain
27.9.2019
MediConnect has established a foundation and methodology to finalize the PoC designed to track drugs through the supply chain
PR: BitcoinHD Launches New POC Consensus
27.5.2019
One of the most influential blockchain conferences – Consensus 2019 – has just ended. Leading figures from all over the worlds of business and technology are still discussing the stories that emerged during the event, on the blockchain market, tech development and more.
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