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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. Smart contracts automated key processes, minimised human intervention, and enhanced transaction security.

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German Central Bank Joins MAS-Led Project Guardian

Fintech News

Launched in May 2022, Project Guardian brings together policymakers and key financial industry players to improve market liquidity and efficiency through the innovative use of technology. As the German member of the Eurosystem and the monetary authority for Germany from 1957 to 1998, the Bundesbank brings its expertise to the project.

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Standard Chartered Utilises Blockchain for Cross-Border Transactions Between Hong Kong and Singapore

The Fintech Times

“This partnership underscores our commitment to harnessing innovative blockchain solutions, ensuring Siemens AG remains at the forefront of global financial efficiency and connectivity.

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Bharat Web3 Association Backs Blockchain Potential in Australia and India With New Partnerships

The Fintech Times

After signing memorandums of understanding with DECA and Asosiasi Blockchain Indonesia, Bharat Web3 Association (BWA) aims to align India’s Web3 sector with international standards and best practices. “Together, we aim to empower the region through shared initiatives, knowledge exchange, and joint projects that drive meaningful impact.”

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BIS project puts promissory notes on the blockchain

Finextra

Project Promissa, a collaboration between the Bank for International Settlements' Innovation Hub, the Swiss National Bank, and the World Bank, has demonstrated that paper-based promissory notes can be redesigned using distributed ledger technology (DLT) to address operational challenges that make the process time-consuming and cumbersome.

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ADGM and Solana Foundation Forge Strategic Partnership to Advance Blockchain Innovation

The Fintech Times

Abu Dhabi Global Market (ADGM), the international financial centre, has teamed up with Solana Foundation, to enhance distributed ledger technology (DLT) solutions and advance blockchain innovation.

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The Blockchain Companies Poised To Transform Capital Markets Infrastructure

CB Insights

This massive market, which includes a broad range of financial “plumbing” services, could be poised for a blockchain shake-up. But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo.