Global Payments Monolith Swift to Develop Blockchain Ledger https://t.co/oncHnxfTl5 ...

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RT Kaps (@0xKaps)What is MegaGDP? 🤔but first let’s understand GDPGDP = the total value of goods and services produced in a country. think of it as a scorecard for a country’s economic health.now in web3, we can borrow this idea for a blockchain.MegaGDP is basically:the total economic activity happening on the MegaETH chain.This includes things like- Trading volume on DEXs and- Lending & borrowing activity- MegaUSD- NFT mints & marketplace volume- Onchain apps & other stablecoins- any other onchain transacti ...

This idea that you could move value instantaneously in a trustless ecosystem was super interesting to me and I said, "Wow, if you could do that in traditional financial markets, that would make the market so much better, so much more resilient." So, we started a company called, again, not very creatively named, digital asset holdings, um, which created the Canton blockchain. And that chain was designed specifically with tokenization of traditional financial instruments in mind. So it has a couple of charact ...

Swift, the financial messaging provider, today announced it is working with Consensys and a consortium of global banks to add a blockchain-based shared ledger to its technology stack. In a press release, Swift said that, unlike its traditional role as a communications network, this move into a shared ledger will allow it to record, sequence, and validate financial transactions directly, creating a backbone for tokenized value exchange between institutions. Global Banks Join Early Design Phase Work is ...

Qatar National Bank Group (QNB) recently adopted Kinexys, JPMorgan’s blockchain platform. According to a Bloomberg report, the goal is to process corporate digital payments in the region. More importantly, this latest development is a pivot from the pain points experienced by users of traditional banking infrastructures. QNB Departs from Limitations of Traditional Banking Infrastructures In the Traditional Finance (TradFi) ecosystem, cross-border payments are constrained by their limitation to only weekd ...

Hey crypto enthusiasts, ready for some potential moonshots. Let's dive into five exciting cryptocurrencies under $5 that might just skyrocket. First up, Caspa or Kaz, a high-speed scalable blockchain that's turning heads.Next, we've got Near Protocol, aiming to bring blockchain to the masses with its userfriendly approach. Don't sleep on Toncoin or Ton, originally developed by Telegram and now making waves in the crypto world. For all you tech lovers, there's Render, or R&DR, revolutionizing GPU rendering.L ...

RT Cointelegraph (@Cointelegraph)🔥 JUST IN: Chainlink, SWIFT, and major institutions launched a blockchain solution to address $58B in corporate action inefficiencies. https://t.co/JchitjNuqw ...

Global financial messaging network Swift announced on Sept. 29 that it is developing a blockchain-based shared ledger to handle cross-border transactions. The initiative, revealed at the annual Sibos conference, aims to enable instant, 24/7 payments for its network that connects more than 200 countries. Swift is collaborating with Ethereum software firm Consensys on an initial prototype, alongside over 30 major financial institutions, including JPMorgan, HSBC, and Deutsche Bank. The shared ledger is desi ...