XRP Ledger blockchain energizes decarbonization, but tokenization a challenge
A new blockchain platform aims to get decentralized networks to decarbonize, but challenges remain, due to uncertainty around tokenization As tech giants like Google and Facebook announce plans to become carbon-neutral businesses by 2030, smaller companies are doing the same. The only difference is that innovative startups are taking clever approaches that seek to be more effective than those implemented by large, centralized companies.For example, Ripple — a fintech company that allows banks, payment providers and digital asset exchanges to send money using blockchain — has committed to....
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Bitcoin mining firms DMG Blockchain Solutions and Argo Blockchain have joined an accord promoting industry decarbonization.
Ripple CTO David Schwartz recently sat down to chat about how the XRP Ledger is enabling a revolution in the tokenization of real-world assets. While speaking in a recent interview, Schwartz noted his excitement around the XRP ecosystem graduating from the investors’ obsession with the XRP token to a more generalized interest in the functionalities […]
For years, tokenization has been hyped to be one of the most interesting use cases of blockchain, but it hasn’t gained its momentum yet. For years, experts have been talking about how tokenization — the act of creating a digital representation of an asset on a distributed ledger — of a financial or real asset can unlock trillions in illiquid assets, giving retail investors access to investments with previously high minimum capital requirements thanks to fractional ownership or settle trades on a distributed ledger instantly. But if we investigate the current tokenization offerings, none is....
Blockchain startup Hyperledger won the Innotribe Startup Challenge finale at the Sibos conference in Singapore and bagged $50,000 in prize money. The company specializes in shared ledger technology for decentralized data management and was recently acquired by Digital Asset Holdings. Other bitcoin and blockchain firms that made it to the finals were Bitspark, a remittance service based in Hong Kong, and Elliptic, which is a bitcoin storage and analytics firm. Hyperledger's Blockchain Technology. Prior to winning this year's fintech challenge sponsored by SWIFT, Hyperledger was also one of....
Santander Innoventures, the $100 million fintech venture capital fund of multi-billion dollar Spanish banking group Santander, has partnered with startup agency OneVest to run a Distributed Ledger (DL) Challenge for early-stage startups. Specifically, the bank will be actively searching for blockchain-based startups targeting mortgage processing, trade finance and asset leasing, and technologies which could help the bank bridge conventional payment systems with decentralized payment networks like the blockchain. "Distributed ledger technologies will create huge value for customers, banks....