The Samsung blockchain task force announced the development of a blockchain-based mainnet built on the Ethereum network. The electronics giant is also considering issuing its own token, although the project is still in the “internal experimental” stage.
Category: STO News
The Biggest Threat To Bitcoin Are The Users, Not Governments, Cobra of Bitcointalk.org Affirms
Bitcoin faced some bad times last year. The BTC market was able to reach a price of $20,000 USD per token last year but most of the value was lost afterward. This month, however, Bitcoin is on the rise once more. The token is now around $5,500 USD after it struggled to overcome the $4,000 […]
Societe Generale Issues €100 Million Covered Bond as a Security Token on Ethereum
According to a press release dated April 23rd 2019, French investment banking giant Societe Generale has issued a €100 million covered bond on Ethereum. The issuance claims to be the first tokenized covered bond on a public blockchain. Societe Generale’s Tokenized Covered Bond on Ethereum Explained Covered bonds include debt securities which are issued by […]
CurveBlock to Host STO in Q2 2019
The UK-based real estate development firm CurveBlock announced plans to host an STO in the coming weeks. As previously reported, CurveBlock is the first major blockchain real estate platform to receive backing from a major UK banking firm, UK NatWest. The move symbolizes a step towards further integration of blockchain-based firms and traditional banking institutions. […]
Chaineum Brings Support for Security Token Offerings on SEGMENT
Chaineum has just announced their intent to support security token offerings. This will take place through the use of their specialized blockchain, known as ‘SEGMENT’. This expansion of support will incorporate a variety of security tokens. This encompasses tokens representing ownership of bonds, art, real estate, debt, equity, etc. The announcement represents the culmination of […]
JPMorgan’s Blockchain Project Now Includes Over 220 Banks
As of April 22nd 2019, JPMorgan Chase has released a comprehensive list of its Interbank Information Network (IIN) partners, which totals more than 220 banks. While the current IIN infrastructure focuses on payments, near-term plans involve blockchain-powered settlements in 2019. JPMorgan’s Interbank Information Network (IIN) Reaching 220 Banks Explained IIN is JPMorgan’s blockchain-based network with […]
The Rise Of Tokenized Securities Exchanges
Juan Hernandez, CEO of security token trading platform OpenFinance, talks about the importance of security tokens and security token exchanges, as well as the mounting competition between exchanges.
Set Labs Launches Automated Portfolio Management Platform For Crypto Assets
US-based blockchain startup Set Labs Inc. has announced the launch of TokenSets, a platform for automated portfolio management of crypto-assets using “tokenized trading strategies.” Initially, TokenSets will feature two strategies: Buy The Dip, Sell The Rip for ether and bitcoin, and Buy And Hold for bitcoin and ether combinations. The Buy the Dip, Sell The […]
Vodi X (VDX Token): Decentralized Blockchain Ecommerce Ecosystem?
What Is Vodi X? First launched in 2014, Vodi X is an award-winning mobile platform where users can carry out money transfers to any of the 200 countries Vodi operates in, send gift cards for top brands, top up their prepaid mobile devices, and communicate with other users through voice and video calls. Currently, Vodi […]
PayBito: Reliable Bitcoin Cryptocurrency Exchange and Trading App?
What Is PayBito? PayBito is a secure, transparent, and user-friendly exchange platform where individuals and institutions can buy, sell, or trade a wide variety of cryptocurrencies such as Bitcoin Cash, Ethereum, Bitcoin, Litecoin, HCX, Ripple, ERC20 tokens, and many more. Additionally, PayBito also offers the White Label Cryptocurrency Exchange Software for buying, selling, and trading […]
