Güney Afrika da Standart Bankası, Yurt dışı Borsa Hizmetleri Blockchain'i Piyasaya Sunuyor | Kripto Kılavuz
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Standard Bank in South Africa Launches International Exchange Services Blockchain

Güney Afrika da Standart Bankası, Yurt dışı Borsa Hizmetleri Blockchain'i Piyasaya Sunuyor

The platform, which will be released in the second half of 2019, is based on the Hyperledger Fabric, a foundation for developing applications or solutions for businesses with a modular structure. The South African bank is also a currency trading practice the Shyft plans to mount the blockchain platform.

the Blockcha the system is expected to accelerate international trade transactions, foreign exchange payments and settlement. In addition, Standard Bank hopes to increase the transparency of transactions, because all documents will be available for all parties in real time.

Richard Bank, CEO of Standard Bank, said the blockchain solution would reduce the incidence of commercial failure, increase regulatory transparency and increase the visibility of liquidity.

Initially, the solution will be used by Standard Bank and Uganda, its partner at Stanbic Bank and third parties involved in direct trade.

Moreover, since the South African bank is also working with the China Industrial and Commercial Bank (ICBC), the allowed blockchain can be further expanded to this partnership. De Roos confirmed that the bank and the franchise are currently negotiating with ICBC to expand 20 of their franchises to central Asia.

Earlier this year, a South African financial regulators' working group, cryptocurrency issued a consultation document focusing on units. In the article, country officials called for public input to develop an encryption currency regulation policy for South Africa.

More recently, Intel has launched a commercial blockchain package based on Hyperledger Fabric that uses Intel hardware, including Xeon processors and Ethernet Network Adapters. The new product Intel is designed for businesses that want to start their own chain.

Source: Cointelegraph

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

 

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

 

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

 

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph

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