A consortium comprising CoinShares, Europe's Largest Digital Asset Manager, Blockchain, the leading provider of cryptocurrency products including the World's most popular crypto wallet, and MKS (Switzerland) SA, part of the world's most trusted gold group, today announced that after two years in development, it has launched the DGLD network with more than $20M in gold digitized. DGLD is a digital asset (token) representing allocated physical gold stored in a Swiss vault and tokenized with a side-chain built on the Bitcoin network.
Marshal Lion Group will allow to invest into products in a dedicated platform, which are based on actual non-bank loans granted to companies and individual clients. The Marshal Lion team's project will enable both large-format and smaller investors to obtain direct and potentially exceptionally profitable access to the industry. A good point is that project pays really serious attention to Arab region.
RockItCoin, one of the nation's largest bitcoin kiosk operators, partnered with the Blockchain Institute to install its 200th cryptocurrency kiosk, located at 4649 N Broadway inside the Hackhaus co-working space. "This installation marks yet another milestone in our company's growth," said Michael Dalesandro, CEO and founder of RockItCoin (www.rockitcoin.com). "After installing machines across the country, it means a lot to install our 200th one in Chicago, where we started the company."
Asia-based blockchain venture firm, NexChange Group, announced a partnership with New York alternative investment firm, Horton Point, to launch a state-of-the-art marketplace for the institutional digital asset management industry. The Nexyst platform will provide seamless access to a broad range of professionally managed actively-traded crypto strategies and passive investment solutions. Nexyst will debut its initial offering in October 2019.
Reddcoin (RDD), the original social network cryptocurrency coin, is proud to announce the rollout of PoSV v2, the latest revision of its latest proof of stake velocity protocol, to provide enhanced network growth stability, strengthen staking incentives, and provide funding support for development teams. Reddcoin expects the fork to activate at block 3 million of the RDD blockchain, scheduled for end-October 2019.
FP Markets is delighted to announce that it has been awarded the Best Global Forex Value Broker Award at the Global Forex Awards 2019. The Global Forex Awards 2019, which were held this year in Limassol on 4 October 2019, celebrate excellence in the financial industry by giving awards to the best providers, as voted for by the public.
The rising demand for faster and more secure transactions along with full transparency has made blockchain one of the fastest growing technology markets in the world.Banks and technology providers are investing heavily in R&D activity related to verifying and recording finance transactions. Also, major US technology companies such as IBM, Microsoft, and startup innovators are developing blockchain-based services and applications, thereby driving the global blockchain market.
Apollo Foundation is announcing the launch of Apollo Decentralized Exchange (DEX), a proprietary software package for the exchange of digital assets in peer-to-peer networks. The beta version features atomic swaps, which is smart contract technology that enables the exchange of different cryptocurrencies without the need for intermediaries or third parties. Unlike traditional exchanges, Apollo DEX does not have a central entity or guarantor of transactions.
As financial technology and digital assets evolve there's always going to be things that work and things that don't. If the distributed ledger technology would fulfill its potential and reach mass adoption, then major trillion-dollar industries would be completely changed. 2019 will be a transition year on the way to a regulated market of tokenized assets. Security tokens are at the core of the rebound but what's even more revolutionary is the concept of Digital Names.
China Merchants Bank International ("CMBI") is partnering with layered blockchain Nervos to jointly develop and launch decentralized applications for financial services. Additionally, CMBI will act as a strategic ecosystem partner and help Nervos grow its blockchain network within the financial services industry. As CMBI explores blockchain technology to enhance its products and services, the firm plans to tap into Nervos Network and its native CKB architecture to power future decentralized finance (DeFi) applications.