Cryptocurrency news!
![Bitcoin [News Pool]](https://dohodvseti24.ru/wp-content/uploads/2021/03/onlajn-novosti-o-bitkoine-logotip.png)
Blockchain news – all about blockchain technology and distributed ledgers. Decentralized DeFi Systems
Grape Network attracted new investments to expand the team. Last week, the sale of Grape tokens caused an overload of the Solana blockchain. Grape Network, founded …
The UK Financial Conduct Authority and the Bank of England have begun work on a blockchain project. Target – expedite the review of regulatory reporting.
About it
reported agency Finextra. Chairman of the Financial Department
Italian sports bike manufacturer Colnago partners with MyLime platform to implement digital product passports on the blockchain to combat theft and counterfeiting.
According to the statement
Colnago, starting next year, the company will use
New York Digital Investments Group (NO) released the report "Global Startup Ecosystem Report 2021", which reports, that startups are increasingly choosing the blockchain industry.
In the report
NYDIG analysts emphasize, that in recent years the number of tech startups has grown significantly,
The Stevens Center for Finance Innovation at the University of Pennsylvania to Launch the Cypher Accelerator for Startup Investments in February, working with blockchain technology.
How
local media report, each semester in a three-month program will
DTCC Successfully Completes PoC of its Ion Blockchain Solution to Reduce Settlement Time for Securities Transactions. If approved by regulators, the solution will be launched in 2022 year.
As reported by Ledger Insights, Depository trust and clearing corporation (DTCC), providing infrastructure for financial markets, tested proof of concept (PoC) for its solution on the Ion blockchain. As part of the project, the financial giant explored the possibility of using blockchain to create an alternative to existing settlement services..
"Cryptocurrency, digitized assets, DLT and other innovations are increasingly becoming an integral part of the emerging financial services industry, and we are very excited about future opportunities in each of these areas. ", - said the head of the department of clearing services and global business operations at DTCC Murray Pozmanter (Murray Pozmanter).
In May, the DTCC reported, what is working on projects, related to the use of blockchain to speed up the processing of securities transactions. According to a recent company statement, successful testing of the Ion solution opens up opportunities for its launch in the first quarter 2022 years if approved by regulatory authorities.
“Project Ion demonstrated, that calculations in T + 1 or T + 0 modes are effective use cases for DLT, and we look forward to working with our customers and industry to launch a new platform. ".
Now settlements on shares are carried out in the T + 2 mode - within two days. This creates counterparty risks, credit and default, if the company experiences financial difficulties during this two-day window. The Ion solution was designed for T + 0 settlements., but also supports T + 1 and T + 2.
DTCC will provide T + 1 calculations in its classic systems, but offers a DLT based Ion solution for those, who wants to "prepare their firms for the implementation of a new operating model". Initially, the solution will not be available for all transactions - Ion will only support limited two-way transactions and work in parallel with existing systems. Actually, transactions will be migrated from the DLT platform to the current DTCC system.
But this is only the first phase. The next goal of the company is to allow customers to host nodes on the DLT network and expand the types of transactions. This is not the only DTCC project,
Investments in blockchain and digital technologies will become part of a large-scale program to support the economy in the EU countries. The cost of the program is estimated at $887 billion.
About a fifth of this amount is about $177 billion - will go to the development of digital technologies.
Global investment fund Franklin Templeton plans to attract $20 million for its first venture fund, blockchain related.
Franklin Templeton manages assets at $1.5 trillion. Franklin Templeton San Mateo Branch Registered Franklin Templeton Blockchain Fund I, L.P. in