SBI Sumishin Net Bank partners with DLT Labs on supply chain financing network

Japan’s largest digital bank, SBI Sumishin Net Bank (SSNB), have entered into a joint venture with DLT Labs to offer a blockchain-based supply chain financing network across Japan, with wide applications to industrial partners, the banking sector, as well as clients.

The supply chain financing network will be powered by DLT Labs' blockchain development platform and will provide end-to-end supply chain financing designed to integrate with clients’ supply chains.

DLT...

Weekly NFT roundup April 7-13: Christie’s, Triller, and more

NFTs made headlines again this week as the market continues to grow rapidly. Beyond this week, future developments may include Playboy which will soon begin auctioning NFTs on Nifty, luxury fashion brands that are exploring ways to implement 3D clothing in their offerings, and even Tom Brady who is set to launch his very own NFT marketplace.

CryptoPunk NFT artwork expected to sell for millions at upcoming Christie’s auction

A selection of NFTs from the iconic...

MorganFranklin announces partnership with blockchain cybersecurity firm 1Kosmos

Global financial advisory firm MorganFranklin is looking to expand its cybersecurity services through an alliance with 1Kosmos a provider of security technology which leverages blockchain and biometrics authentication.

1Kosmos’ BlockID platform provides digital identity proofing with advanced biometrics and passwordless authentication through a secured private blockchain. The authentication process involves a liveness test and the use of verifiable credentials in digital format....

Russia opens up blockchain database with launch of English language version

The Department of Information Technologies of Moscow has made an English language version of Russia’s blockchain knowledge base available on the ICT.Moscow portal.

Aimed at analysts, smart city experts, and developers of blockchain projects, the database currently presents 52 use cases of blockchain in various industries with the fintech and public sector categories featuring the largest number of applications – 16 and 13 respectively.

New use cases will be added...

Weekly NFT roundup March 30-April 6: mass industry adoption and environmental concerns

Continuing our new series, this week saw increased NFT adoption in a variety of industries, especially music and art, amidst growing concerns over the environmental impact of NFTs. You can take a look at last week's roundup here, or read all of The Block's NFT stories here.

India’s largest crypto exchange launches NFT marketplace

WazirX continues its successful start to 2021 with the launch of India’s first NFT marketplace. Last month the company’s in-house...

Weekly NFT roundup March 23-29: Circle, Klaytn, and more

From Jack Dorsey's first tweet to the Beeple digital artwork sold by Christie's, the non-fungible token (NFT) market has exploded in recent weeks. In the first of a new series, The Block takes a look at the past week’s developments in the budding NFT industry.

Circle launches its NFT payments solution

Global fintech firm Circle, which provides payments and treasury infrastructure for internet-based businesses, has announced a payments solution for NFT marketplaces and...

Visa pilots use of USD Coin for settling transactions in industry first

Payments giant Visa has announced a significant industry first towards interconnecting digital and traditional fiat currencies with the use of USD Coin (USDC) to settle a Visa transaction.

USDC is a stablecoin being developed by Centre with support from fintech firm Circle and digital currency exchange platform Coinbase. Visa is piloting the capability with Crypto.com, a Visa partner and one of the world’s largest crypto platforms, with plans to offer the USDC settlement...

Five questions with Roland Cortivo: Head of blockchain infrastructure, Swisscom

Editor's note: The Blockchain Expo’s keynote speaker Roland Cortivo, head of blockchain infrastructure at Swisscom, answers our five questions in the lead up to the Blockchain Expo Global Virtual on the 17-18th March 2021. Secure your free place at the expo here. As a DLT and FinTech Expert at Swisscom Digital Business, Roland Cortivo leverages collaboration as a driver of innovation, leading digital initiatives and company building. He is a subject matter expert for blockchain ecosystems,...

Aries becomes next Hyperledger project graduating to active status

The Hyperledger Technical Steering Committee (TSC) has approved Hyperledger Aries as the latest of Hyperledger’s projects to graduate from incubation to active status.

Hyperledger Aries provides tool kits designed to build interopable and verifiable credentials for secure communication without a central authority. The Aries project grew out of the need for protocols and open source tools to enable verifiable credentials, such as those supported by Hyperledger...

First ever digital artwork to be sold at Christie’s – made possible by blockchain

Major auction house Christie’s will open bidding this month for an online-only sale of ‘Everydays – The First 5000 Days’ by prominent digital artist Mike Winkelmann, known online as Beeple.

The sale is claimed as first time that a purely digital NFT (non-fungible token) based work of art has ever been offered by a major auction house.

Since 2007, Winkelmann has set out to create and post a new work of art everyday indefinitely. Everydays is a compilation of those...