Category: Blockchain

Mastercard is collaborating with US institutions to test shared-ledger technology for settling tokenized assets like commercial bank money. In order to test shared-ledger technology with the intention of facilitating the common settlement of tokenized assets, Mastercard Inc. has embarked on a groundbreaking collaboration with some of the top institutions in the United States. Mastercard Collaborates To Test Tokenized Asset Settlement These assets include commercial bank money, Treasury-issued securities, and investment-grade debt securities. The endeavor, known as the proof-of-concept for the Regulated Settlement Network aims to replicate transactions in US dollars.…

DappRadar, the decentralized app tracking platform, has unveiled data indicating a remarkable influx of $600 million in investments into the blockchain gaming sphere during the third quarter of 2023. In the broader landscape of blockchain gaming ventures, the year 2023 has been nothing short of astonishing, witnessing an astounding $2.3 billion poured into this domain. Remarkably, even in the face of a seemingly bearish crypto market throughout the year, the third quarter alone contributed a substantial $600 million to this flourishing ecosystem. Diving deeper into the quarterly breakdown, DappRadar’s report…

Ripple, a leading blockchain technology company, has announced the launch of a state-of-the-art platform specifically designed to enable central banks, governments, and financial institutions to issue their own central bank digital currencies (CBDCs). This groundbreaking development comes in response to the increasing interest and momentum behind CBDC adoption worldwide. Ripple’s CBDC platform grants government institutions full control over the entire life cycle of their digital currencies, encompassing essential aspects such as minting, distribution, redemption, and token burning. With this comprehensive solution, financial institutions can actively participate in inter-institutional settlement and…

Blockchain technology has already changed much about the way people interact. But some innovators are hoping to push the technology’s limits even further: they’re betting the blockchain can transform the world into one giant pawn shop. Arcade.xyz, a DeFi protocol for NFT lending, has begun facilitating loans between strangers that use luxury watches as collateral, and employ NFTs to guarantee those loans’ terms. In the past few weeks, Arcade users have lent three Rolexes to anonymous lenders for cash—a Daytona, for $20,000 at 15% APR; a GMT-Master II, for $14,500…

Input Output Global, the creator of Cardano, has launched Marlowe, a toolkit to facilitate smart contract creation in the ecosystem. Marlowe is a tool that simplifies how developers and ordinary people with no coding experience can develop, test, and deploy smart contracts. Marlowe, which has gone through testing by an external firm, has numerous features like reusable and customizable templates, a built-in simulator to test contracts, easy setup, and powerful APIs. In a statement in Lisbon, the developers said that they were partnering with TxPipe to offer access to Marlowe…