Real-world assets evolve finance by tokenizing everything, says Kinto co-founder

Blockchain is misunderstood and focus should shift to bitcoin (BTC), the CEO of crypto microinvestment startup Amber wrote in an article for SmartCompany on June 25.In the article, Aleksandar Svetski argued that many corporations are embracing blockchain to look “hip,” even though the technology doesn’t deliver on the supposed promise of eliminating middlemen while providing security and immutability.He dismissed…

Cyprus is becoming a hotspot for Blockchain technology. The VeChain Foundation has partnered with the accounting and consulting firm, Grant Thornton Cyprus.According to an announcement from the company, the partnership hopes to extend blockchain solutions to a variety of industries. These will largely be determined by the Cypriot company’s network of customers, but may include…

The course is exposing students to the technology underlying the industry, the industry at large and hands-on experience working with Web3 tools. 78 Total views 1 Total shares Own this piece of history Collect this article as an NFTEducation is a well-known barrier to entry for many when it comes to crypto and Web3 space. This…

What is peer-to-peer (P2P) lending?Peer-to-peer (P2P) lending, also referred to as marketplace lending, is a type of lending that uses online platforms to link lenders and borrowers directly, eliminating the use of conventional financial intermediaries, such as banks. In P2P lending, individuals or businesses seeking loans can request funding by creating loan listings on a…

Banking giants including BNY Mellon, Citi, U.S. Bank, and Wells Fargo will be issuing tokens and settling transactions through simulated central bank reserves as part of the pilot. 468 Total views 2 Total shares The Federal Reserve Bank of New York’s Innovation Center, or NYIC, announced that it would be launching a 12-week proof-of-concept pilot…

The issuer of cryptographic stablecoin Tether (USDT) announced it had found a new banking partner in a statement Nov. 1, confirming rumors it would use Bahamas-based Deltec Bank & Trust.Tether, which had suffered from mixed publicity after allegations it had parted ways with previous financial institution Noble Bank, also noted in the statement that its…

The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined. 1923 Total views 12 Total shares In an announcement on Monday, Riot Blockchain reported that it produced 187 Bitcoin (BTC) — roughly $11.2 million — last month, an 80% increase over its BTC mining in…