BNY Mellon tests tokenized deposits to make blockchain payments more efficient, faster, and more transparent.
Blockchain
Amidst the ongoing presidential elections in the USA, the crypto betting app “Polymarket” was able to capture the prediction market.
SWIFT integrates blockchain ledger into its $150 trillion network, strengthening its role in global payments
Under the umbrella of the Swiss Bankers Association (SBA), PostFinance, Sygnum Bank and UBS tested a “deposit token”.
US Department of Commerce to publish GDP on blockchain – a pilot project for greater transparency.
EU accelerates digital euro and considers using public blockchains like Ethereum and Solana following US stablecoin reform.
SIX & Pictet tokenize bonds on SDX for the first time – fractional investing and automated rebalancing launch pilot for asset managers.
Robinhood launches ETH & SOL staking in the U.S., tokenized stocks via Arbitrum in Europe – a strategic move into the crypto business.
Ordinals, originating on the Bitcoin blockchain, can be considered a type of non-fungible token (NFT) that store different types of metadata.
Although the world would greatly benefit from the technology, quantum computing poses a serious threat to Bitcoin and blockchain security.
