The market will be underpinned by up to $1bn in gold bars, or around two tonnes at current prices.
Blockchain technology has brought us unparalleled tools that allow us to achieve some degree of financial freedom.
The pilot project aimed at adopting blockchain for interbank payments will also involve the country’s stock exchange and eight local and foreign banks.
One of the leading consulting services companies has developed a new platform that will enable digital assets to be used for a range of services, including everyday commerce, banking, and other personal currency and asset related services.
Synereo wants to use the investment to truly disrupt the traditional role of centralized servers.
Speaking at the Money 20/20 conference on Tuesday, Overstock’s communications director, Judd Bagley, announced the company will commence trades on its blockchain platform this December.
The creation of Copernic, a unique blockchain-based management system, is an important step for the future space economy and ecosystem.
Copernic builds the foundation for the space industry’s future ecosystem.
The move is only a part of a broader government initiative called Dubai Blockchain Strategy.
The US-based multinational technology company has studieв and announced the benefits and prospects of blockchain use in banking and financial markets shperes.
BNP Paribas is planning to announce a new platform developed in the collaboration by the end of 2016.
IBM announced a partnership with the Japan-based Bank of Tokyo-Mitsubishi UFJ to use the distributed ledger technology for the execution of contracts among business partners.