You don’t know what you don’t know. And what you don’t know you can’t leverage or interact with, much less hope to regulate. That is the realization that governmental bodies and organizations around the world are coming to, at least as it relates to the...
In the debate over stablecoins vs. cryptocurrencies, it may be tokenized deposits that wind up gaining ground. Tokenized deposits are tied to existing bank deposits; the digital representations of existing bank liabilities are held by licensed depository institutions and are recorded on distributed ledgers. But...
With the crypto industry under fire, some blockchain projects are also on the chopping block. It wasn’t supposed to be this way. After all, blockchains — distributed ledgers whose promise has been to transform business models — do not necessarily need cryptos. Public blockchains do;...
The Tel Aviv Stock Exchange (TASE) has recently signaled its interest in exploring innovative use cases for distributed ledger technology (DLT) in financial markets. Upon announcing its new strategy for the years 2023-27, TASE said that it would work to strengthen its digital, data and...
Blockchain real estate tech firm Propy is now recording property sales and recording title and escrow documents on NFTs and well as standard blockchain transactions. With its recently launched Title & Escrow Service, the firm — which sold the first-ever tokenized property, an apartment in...
Welcome to PYMNTS second series on decentralized finance, also known as DeFi. In the first series, we looked at what DeFi is, how it works, and the uses, risks and rewards that it brings. See also: PYMNTS DeFi Series: What Is DeFi? In this series,...
If there’s one blockchain project that truly shows what the technology is capable of, it’s TradeLens, which has connected nearly every part of the global shipping industry. Created in 2018 by container shipping giant Maersk and IBM Blockchain, the effort launched amid a mix of...
The vast majority of Africa’s 300 million subsistence farmers find crop insurance, a basic farming financial tool, impossible to get. But a new coalition of insurers and crypto firms are planning to use decentralized finance and blockchain technology to change that. Along the way, they’re...
Decentralized finance lending platform Aave has launched a new social media protocol it hopes will take the likes of Twitter, Facebook, Instagram and TikTok into the open-source, tech-giant-free world of Web 3.0. Unlike many other projects in the growing field of decentralized social media, Lens...
