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Daimler Conducts Transaction on Marco Polo Trade Finance Network
25.9.2019
Daimler AG and mechanical engineering firm Dürr AG have tested a transaction on R3’s Corda-powered Marco Polo network
Trade Tensions Weigh on the Dollar Despite Recovery From Trump Impeachment News
25.9.2019
On Wednesday, the U. S. Dollar received a major jolt after it emerged that formal impeachment proceedings were about to begin against the United States President Donald Trump. The political development of that sort almost always results in a loss of confidence in a nation, in its economy...
Daimler Carries Out First Transaction on Marco Polo Blockchain Trade Network
25.9.2019
Automaker Daimler has carried out its first commercial transaction on the blockchain-based Marco Polo trade finance network
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
Stricter Norms Expected in the New Zealand Financial Sector
25.9.2019
One of the most important aspects of the financial markets all over the world is regulation. Regulation ensures that no unfair practices are allowed in the markets and helps retail investors in participating in the markets without the fear of being taken for a ride. On the other hand, bankers...
Crypto Finance Firm Circle Puts Research Offering on Hold
25.9.2019
Cryptocurrency finance startup Circle has stopped its line of research reports saying it needs to reconsider the offering
Bitfoliex Along with Traxalt Grace the Digital Finance World 2019 in Frankfurt, Germany
24.9.2019
Bitfoliex, the reputed multifunctional crypto-focused trading platform marked its presence in the Digital Finance World 2019 event organized in Frankfurt, Germany. The highly anticipated gathering was hosted in a two-day span between September 18, 2019, and September 19, 2019. The larges-scale...
Iraq in Discussions with Chinese State-Owned Investment Company for Project Financing
24.9.2019
Over the course of the past decade and a half, Iraq has been ravaged by war and terrorism. The unrest in the country has led to a rapidly declining economy and in turn, a total collapse of the infrastructure in the country. The country has pretty much collapsed amidst the turmoil, and it needs...
Oil Rises and Shares Drop in Asia Owing to Geopolitical Tensions
23.9.2019
For most of the year so far, the capital markets in different parts of the world have been disrupted by uncertainty due to geopolitical tensions. The biggest geopolitical issue that has spooked the markets for the entire year so far has been the trade war between the United States and China. When...
How Tokenization Is Transforming Film Financing, Wesley Snipes’ Fund
22.9.2019
Tokenization continues to proliferate in 2019, with notable director Wesley Snipes launching an STO to fund his future work. So, how does tokenization work and can it really disrupt the film industry?
Germany Comes Up with Climate Package Worth 50 Billion Euros Without New Debts
21.9.2019
According to the latest reports, Germany is set to finance a climate package worth over 50 billion euros (55 billion dollars) over the course of the next 4 years. The move has been taken to lower carbon emissions and protect the climate as well as restore the green credentials of it. The package...
Istanbul Goes Up in the Global Financial Centers Index
21.9.2019
Istanbul, Turkey’s cultural, economic and historical hub, has climbed up in the GFCI, short for Global Financial Centers Index, and secured 53rd rank. The city has gone 6 places up in the recent ranking from its earlier 59th position which was recorded back in March this year. It is the 26th...
Things that Finance And Gaming Industry Have in Common
21.9.2019
The finance industry is comprised of entities involved in managing funds. These funds can both be assets and investments such as those invested in the stock market, or liabilities such as debt and various loans. On the other hand, the gaming industry offers entertainment through online games...
UN Wants the Private Sector to Lead Shift to Renewables from Fossil Fuels
21.9.2019
As everyone knows, experts and scientists believe that climate change is one of the biggest environmental threats that are facing the world at this point. Hence, there is a genuine thrust towards using more cleaner and renewable sources of energy as opposed to fossil fuels among policymakers across...
AI is All Set to Transform the World of Finance
20.9.2019
The world of technology has evolved at a breakneck pace over the course of the last half a decade or so, and some of the technologies that have evolved have the potential of upending entire industries. One of those new technologies is artificial intelligence or AI, and over the past couple...
Alibaba and Tencent Refuse to Share Loan Data Information with Beijing
19.9.2019
As everyone knows, a credit system is something that almost all countries need to have, and it is a hugely important tool that helps in keeping the consumer credit market as strong as possible. To that end, the Chinese central bank launched a private credit score company named Baihang in 2018. That...
Bank of America Joins Marco Polo Blockchain Trade Network
19.9.2019
The sixth-largest U.S. company has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain tech
Bitcoin Cash Futures Expected to Open up US Market by Q1 2020
18.9.2019
Futures contracts on bitcoin cash can be available at a CFTC-regulated exchange by the end of this year or the first quarter of 2020. This will allow institutional U.S. investors to trade on a derivative of the cryptocurrency and bring in more trading volume for BCH overall. Also Read: HTC Adds...
Looming Economic Slowdown Likely to Force FED to Cut Interest Rates
18.9.2019
Over the course of the year, the global economy has given even indications that a slowdown might be looming and naturally, central banks have been urged to cut interests in order to stimulate growth. Many central banks across the world have cut interest rates. Last time around, the United States...
NY Fed Ploughs in $53 Billion to Save Overnight Lending Market Amid Turmoil in Financial Markets
18.9.2019
As everyone knows, easy availability of credit at favorable rates of interest is one of the backbones of the trading ecosystem in Wall Street. Hence, if there is a slight rise or any kind of fluctuation in that rate of short term borrowing, then the entire structure enters a risky zone. Every...