Blockchain

Digital Assets: IBM Creates Blockchain Platform to Onboard New Suppliers for COVID-19

Digital Assets, Latest News, News / By

As the coronavirus pandemic rolls across the globe it has created a severe shortage of supplies such as masks, gowns, sanitizers, test kits, gloves, ventilators, thermal scanners, consumables, and medicines. The huge unmet demand has attracted many new suppliers who have shifted from their usual line of business to make and/or supply these products for COVID-19. IBM (NYSE: IBM) has established a blockchain-based platform to bring these new suppliers and COVID-19 buyers together.

Digital Assets: How CBDCs Could Use Maxonrow, the Blockchain KYC

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Slowly, but surely, momentum is building up in central banks around the world to explore and test the concept of a central bank digital currency (CBDC). Developments in the US, Europe and China testify to a growing interest in replacing physical currency and coinage with a digital version. But key mental blocks remain surrounding identity verification or KYC, money-laundering, terrorism financing and privacy considerations in a digital currency. Blockchain based identity solutions such as Maxonrow may be the happy middle path.

Digital Assets: BitGo Goes The Whole Nine Yards; Buys Harbor, Subsidiaries and All

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BitGo, the leader in crypto custody services, acquires Harbor, the top name in digital securities. It’s a diversification move aimed at a role in the entire transaction chain of digital assets. In the deal, BitGo gets Harbor’s digital securities platform, as well as its broker-dealer and transfer agent subsidiaries. Financial terms of the transaction are not known.