Japan’s Number Two Bank by Assets Completes R3 Blockchain-Based Trade Finance Trial

Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. A press release confirmed the PoC completion on Feb. 18. SMBC, which is the only Japanese bank participating in Marco Polo, said it had partnered with Japanese multinational Mitsui & Co.…

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‘Biggest Names in the Collectibles Space’ to Attend NYC Event on Non-Fungible Tokens

Non-fungible tokens (NFTs) have been generating a buzz in the crypto world for some time — and now, a conference is being established where enthusiasts and entrepreneurs can delve deeper into these digital assets, exploring the latest trends and uncovering new opportunities in the market. NFT NYC is taking place on Wednesday, Feb. 20 at…

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UAE Exchange and Payment Platform Unimoni Join Ripple’s Payments Network

Finablr, a global payment platform and foreign exchange operator based in the United Arab Emirates, has joined Ripple’s (XRP) RippleNet blockchain network, a press release reveals on Feb. 11. Finablr’s network brands, UAE Exchange and payment platform Unimoni, will use the blockchain-based platform provided by Ripple to complete real-time transactions to Thailand. The firm also…

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Two Investment Firms Launch ETF Tracking Cloud Computing and Blockchain Companies

United States-based Investment management firm AdvisorShares and investments advisory company Sabretooth Advisors will jointly launch an exchange-traded fund (ETF) that tracks tech companies, including those involved with blockchain and cloud computing, MarketWatch reported on Feb. 6. ETFs are marketable securities that track a basket of assets proportionately represented in the fund’s shares. ETFs are offered…

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“The Cutest Crypto Game” Celebrates Chinese New Year and Sends Out Digital Gifts

Decentralized crypto collectible game Blockchain Cuties, which is already available on three different blockchain platforms — Ethereum, EOS and Tron — has announced a celebration of Chinese New Year for its players. The game developer is going to implement the Chinese tradition of giving “lucky red envelopes” and will send out digital gifts. The Blockchain…

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Japanese Trading Giant Itochu to Develop Blockchain Traceability System in PoC

One of largest Japanese trading companies has officially announced the start of a proof-of-concept (PoC) aimed to develop a blockchain traceability system, according to a press release published on Feb. 1. Itochu Corporation, a general trading company and one of the five largest companies in Japan, is developing a blockchain traceability system that will allow…

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