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Morgan’s Kinexys Digital Payments, connecting blockchain-based tools with real-time payment rails. Morgan’s blockchain business unit, facilitates real-time money transfers using commercial bank funds. This partnership combines Mastercard’s expertise in blockchain-based solutions with J.P.
At Sibos 2024, Angie Walker, Global Head of Banking and Capital Markets, Chainlink Labs, explored the topics of blockchain and tokenisation and how they are transforming the existing world as well as how the technology creates opportunities for the future.
In partnership with OKX, Mastercard is launching the OKX Card to give users more convenient access to digital funds and engage more people in blockchain applications. Partners like JPMorgan Chase, Standard Chartered, and Ondo Finance are connected to the platform to explore new digital asset usecases.
Emerging tech: High-stakes opportunities The hype surrounding AI, blockchain and quantum computing continues to grow, and for good reason. We have invested in a robust AI infrastructure, including our own compute capabilities, and we use both regional and international cloud models based on the nature of the usecase.
Valued at $28.93billion in 2024 and set to hit $49.18billion in 2025, according to The Business Research Company , the blockchain market is thriving. While this growth is in part due to the success of the crypto industry, the blockchain industry is not dependent on crypto.
B2B UseCases Are Mushrooming. And, in the digital-first world that has been wrought amid the pandemic, the B2B usecases of moving money beyond the confines of the paper check have been exploding as data and payment need to be matched up seamlessly. Using Technology To Solve Key UseCases.
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. The Bundesbank is very pleased to be cooperating with a partner that is as competent as MAS.”
Through this collaboration, Paycode and Algorand will explore integrating public blockchain technology to strengthen digital identity systems, improve transparency, and unlock new models for delivering secure, inclusive payments at scale. “Paycode is already reaching some of the most difficult places to serve. .
Blockchain may have received its most exposure as the distributed ledger technology at the foundation of cryptocurrency exchanges, but its usecases are advancing into other data-driven or supply-chain industries pursuing the Internet of Things.
Valued at $28.93billion in 2024 and set to hit $49.18billion in 2025, according to The Business Research Company , the blockchain market is thriving. While this growth is in part due to the success of the crypto industry, the blockchain industry is not dependent on crypto. Blockchain has not experienced the same rapid growth.
DBS ’ permissioned blockchain was used to automate payments, ensuring that only approved recipients received the grants once the predefined conditions were fulfilled. This pilot reflects ongoing efforts to integrate blockchain technology into financial processes, aiming for broader usecases in the future.
Ripple , the blockchain and crypto solution provider, is partnering with the Dubai International Financial Centre’s (DIFC) Innovation Hub, to accelerate blockchain and digital assets innovation in the UAE. It also plans to provide financial, technical, and business support to developers.
Giants like Facebook, JPMorgan Chase and Walmart are all pushing blockchain for myriad usecases, and now Wells Fargo has joined the fray with its own spin on the distributed ledger technology.
PayPal USD (PYUSD), PayPal ‘s USD stablecoin, will now be available on the Solana blockchain. The news was announced at Consensus 2024 , the long-running cryptocurrency, blockchain and web3 event. ” The simplified experience of PayPal and Venmo wallets shows PYUSD as a unified balance regardless of the blockchain. .”
As a Project Guardian participant, Ant International also leveraged its blockchain-based Whale platform to develop a global treasury management usecase for real-time multi-currency clearing and settlement.
WadzChain Network, a global leader in innovative blockchain technology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses. The blockchain is perfect for diverse businesses and usecases, from small startups to large enterprises.
This partnership is set to empower African communities, governments, and businesses, and represents a significant step toward realising the shared goal of financial inclusion and economic advancement across Africa, with blockchain and decentralised finance at the forefront of this transformation.
As more firms look to enter the blockchain and decentralised space, easy integrations and the ability to develop applications are an absolute must. The partnership with Axelar Foundation propels interoperability into the broader blockchain realm. The Axelar Foundation will broaden blockchain adoption by facilitating RWA.
Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies. Liink, J.P.
Ripple Payments employs blockchain and digital assets, and a global network of payout partners to deliver fast, transparent, reliable cross-border payments and on/off ramps for banks, crypto companies, and fintechs worldwide.
Blockchain technology has revolutionised numerous industries by providing decentralised, secure, and transparent systems. However, one of the significant challenges it faces is interoperability between different blockchain networks. However, these networks often operate in isolation, limiting the potential of blockchain technology.
Treasuries and operates across multiple blockchains. Through this acquisition, Anchorage Digital plans to integrate Mountain Protocols team, technology, and licensing framework to enhance its support for institutional usecases in the stablecoin space. The companys USDM stablecoin is fully backed by U.S.
The Solana Foundation has introduced two new developer tools, Solana Actions and blockchain links (blinks), to make blockchain transactions more accessible and seamlessly integrated into everyday digital platforms. This feature aims to make decentralised applications more user-friendly and widely accessible.
DBS has initiated the pilot of the “DBS Treasury Tokens”, a blockchain-based solution designed for next-generation treasury and liquidity management, in collaboration with Ant International. This launch underscores how established financial institutions can utilise blockchain technology to offer advanced, 24/7 banking services.
Compared to traditional currencies, cryptocurrencies operate on decentralised networks, often powered by blockchain technology. While B itcoin, introduced in 2009, is the most well-known cryptocurrency, there are thousands of cryptocurrencies with various usecases today.
Ant International will be able to use the digital form factor to achieve instant, multi-currency treasury and liquidity management on DBS’ permissioned blockchain for their entities across multiple markets. DBS’ permissioned blockchain is Ethereum virtual machine (EVM)-compatible and is integrated with its core payments engine.
As blockchain tech gains commercial traction, a growing number of companies want to use it to reimagine the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. The chart above shows the core blockchain tech being used by projects and corporates working on DLT applications for capital markets.
Not all that long ago, blockchain and bitcoin were inseparable – shorthand for the Wild West of cryptocurrencies and speculation. One firm, tZERO Group , is betting that blockchain can help disrupt capital markets themselves. Blockchain can help automate compliance efforts and settle trades with speed. The UseCases .
Usecase: Customers can pay by tapping their smart devices into the vendors NFC-enabled POS. Usecase: Placing NFC tags on products allows customers to tap their phone to the tag and quickly pay for an item. Usecase: Placing NFC tags on products allows customers to tap their phone to the tag and quickly pay for an item.
The UK’s Regulated Liability Network has chosen R3 , a company specialising in enterprise distributed ledger technology and services, as well as Quant , a blockchain provider for finance, to develop the technology prototype for its experimental stage.
Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.
Crypto exchange and Web3 company Bitget has joined forces with UNICEF Luxembourg to advance digital skills and blockchain literacy among young people. These contributors could serve as mentors and partners, offering diverse perspectives and possibilities for blockchain technologies.
It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology still has a lot to offer venture capitalists. blockchain startup Envoy will be used to bolster its supply chain and trade finance platform, the company told PYMNTS in an emailed announcement.
PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. In a statement, First Horizon noted that the service addresses the growing demand for accelerated payments across a range of usecases, including payroll and commission payouts.
The emergence of the “network of network” strategies on the parts of Visa and Mastercard have opened the door for faster payments, for the electronification of payments — and for blockchain to underpin it all. Blockchain remains a key driver of cryptos’ future, both as unit of currency and store of value.
This enables rapid scaling of new payment usecases, without duplicating risk exposure. Usingblockchain infrastructure, real-world assets (RWAs) – such as real estate, equity, and intellectual property – can be digitised, fractionalised, and traded globally with greater transparency and efficiency.
The popularity of cryptocurrency has overshadowed blockchain to the point that a misconception has been formed: blockchain’s sole purpose is to facilitate cryptocurrencies. While this is certainly one blockchainusecase, it has many more that are not being properly utilised due to the public nature of mainstream blockchains.
RLUSD is ideal for financial usecases and allows institutions to: Facilitate instant settlement of cross-border payments. RLUSD is available on both the XRP Ledger and Ethereum blockchains, offering flexibility and scalability for various financial usecases.
In March 2025, Qatar National Bank (QNB) began leveraging Kinexys Digital Payments (KDP) as its blockchain payment system for USD corporate flows. Kinexys by J.P. By leveraging KDP, SNB will be able to programmatically move funds across its various branches, as well as discharge treasury payment obligations without cut-offs on a 24/7 basis.
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.
Pioneering Technological Advancements One of the significant outcomes of the PoC was the demonstration of smart contractsself-executing codes embedded within the blockchain. Following the success of the Immediate State, the Intermediate State phase will expand digital asset usecases.
The company, originally founded as a payment gateway called Xfers to support treasury and settlement needs for SMEs, has evolved into a regulated platform enabling purpose-built, fiat-backed stablecoins designed for real-world payment usecases.
Plus, blockchain makes new inroads in the B2B arena. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments. As more payment usecases emerge from distributed ledger technology (DLT), some solution providers are looking toward industry-specific applications of blockchain. BitPay Debuts BitPay Send.
Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. Please click to enlarge.
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