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New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’
19.11.2022
Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlement between central banks, commercial banks, and regulated non-banks. The New York Fed details that...
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets
3.11.2022
Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Lightning Network which is said to be suitable for “high volume, low-value transactions.”...
Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023
29.10.2022
Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2...
SWIFT partners with Chainlink for cross-chain crypto transfer project
29.9.2022
The project will connect SWIFT's network to nearly every blockchain to allow traditional finance players access to digital and traditional assets on the one network
DigitThree Labs Partners with LCX Exchange for Proof-of-Concept Deal
25.3.2022
LCX Exchange is partnering with DigitThree Labs to form a formal agreement for Proof-of-Concept. Through this partnership, LXC Exchange will drive forward its DGMV Authenticator, which is tentatively scheduled for a rollout in the coming days of 2022. Background LCX, as a platform, allows its users...
This proof of concept NFT can swipe unsuspecting users' IP addresses
27.1.2022
Turns out that some NFTs might be building collections of their own. Their target? Your private data
Central Bank of Sri Lanka completes proof-of-concept KYC platform
29.10.2021
Sri Lanka’s recent economic uncertainty seems to be the driving force behind its interest in cryptocurrency and the government's new exploration into KYC technology
Central Bank of Colombia Announces First Blockchain Bond Pilot Program
24.7.2021
The Central Bank of Colombia has announced its involvement in the first blockchain bond pilot program in the country, with the participation of the Interamerican Development Bank (IDB) and Davivienda, a private commercial bank. The proof of concept will use the Lacchain blockchain platform...
Square Takes a Swipe at the Bitcoin Energy Debate With $5 Million Solar Mining Investment
6.6.2021
As the conversation about Bitcoin’s energy consumption reaches a fever pitch, Jack Dorsey’s payment provider Square has unveiled plans to fund a sustainable bitcoin mining facility in conjunction with Blockstream. Mining Project to Serve as Scalable Proof of Concept Bitcoin faces...
Bank of Japan begins first digital currency proof of concept
5.4.2021
The first phase of Japan's CBDC pilots will be completed by March 2022, the central bank states
GameStop Investing Craze ‘Proof of Concept’ for Bitcoin Success, Says Scaramucci
27.1.2021
A campaign by members of a Reddit investor forum have caused GameStop stock to spike to record levels in the last week
Sweden is working with DLT for its CBDC proof-of-concept
20.1.2021
Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration
China Construction Bank's blockchain bond efforts take a new direction
4.12.2020
After an earlier attempt, China Construction Bank has gone back to the drawing board with new partners and a new proof-of-concept for a blockchain-based bond
Crypto Lender Celsius Taps Horizen for ‘Proof of Reserves’ Proof of Concept
30.10.2020
The proof-of-reserves pilot would take information that appears on Celsius’ website and have it fed from a public Horizen sidechain instead
Bank of Japan to begin digital currency proof-of-concept in 2021
9.10.2020
In a recent document from the Bank of Japan, the central bank stressed the need for offline availability
BNP Paribas and Curv unveil highly secure method to transfer security tokens
7.10.2020
A Proof of Concept security token transfer involving BNP Paribas and Curv could lead to integrated crypto custody solutions
Developers Eye Mid-September for Ethereum, Polkadot Bridge Proof-of-Concept
27.8.2020
The Snowfork proof-of-concept acts as a two-way bridge between the Ethereum and Polkadot ecosystems, according to the group
Top Three Reasons Why Enterprise Blockchain Projects Fail
16.8.2020
Why do enterprise blockchain implementations fail, and what can enterprises do to increase their chances of success?
Sri Lanka Central Bank Selects Shortlist for Blockchain Proof-of-Concept
2.7.2020
Sri Lanka’s central bank has selected a shortlist of three firms to develop a proof-of-concept for a shared Know Your Customer facility using blockchain
Cardano Foundation and ScanTrust Come Together for Proof-of-Concept Integration
25.1.2020
In an important development that signifies the growing role of blockchain technology in the distribution and packaging company, Cardano Foundation has decided to collaborate with ScanTrust to provide proof-of-concept integration for the supply chain data project. This is going to open up...