Author: Jeremy Ryan

Blockchain ISO 20022 is an ISO standard for electronic data exchange between financial institutions. The standard covers financial information that is transferred between financial institutions, such as payment transactions, securities trading and settlement information, credit and debit card transactions, and more. Thanks to ISO 20022, a huge amount of financial services metadata, stored in UML models with a special ISO 20022 UML profile, has been shared and standardized. Among the organizations using ISO 20022 is SWIFT, which is the world’s leading messaging network through which international payments are made. The standard was developed in 2013, or four years after Bitcoin…

NFT A U.S. federal court judge has dismissed claims by Canadian firm Free Holdings Inc. that work by NFT artist Kevin McCoy was their property. The judge said the plaintiff’s claims sought to exploit murky legal areas surrounding NFT ownership. Quantum Ownership Transfer Not Provable, Rules Judge According to Free Holdings, McCoy had no claim to the artwork he created because he failed to renew his ownership rights to the piece. This failure to act allowed Free Holdings to buy the registration and claim ownership. Auction house Sotheby’s sold the artwork, dubbed “Quantum,” for about $1.5 million in 2021. Quantum…

Blockchain Gaming project Aavegotchi revealed plans to launch its own blockchain called Gotchichain. The network will leverage Polygon Supernets, which is Polygon’s service that allows projects to create their application-specific chains. Aavegotchi is a trading game that resembles the Tamagotchi line of toys from the 1990s. Unlike their real-world counterparts, Aavegotchis carry value in the form of staked tokens and wearables, and they can be traded like any other blockchain token. The team said in a blog on Wednesday that this release allow developers to create Aavegotchi-themed, gaming-based decentralized apps on its dedicated network. “This partnership will allow us to…

Blockchain Blockchain payments ecosystem Nimiq is integrating gas-abstracted USDC transactions for Polygon users within its native wallet. The feature makes it easier for users to process stablecoin transactions without having to hold a secondary token for fees. Seamless USDC transactions Nimiq Wallet users can now send and receive USDC without requiring Polygon’s native matic cryptocurrency to cover gas fees. Users only need to hold USDC. The wallet’s built-in smart contract automatically converts gas fees from USDC into matic under the hood — significantly reducing friction in using USDC for everyday payments. Nimiq is one of the first self-custodial wallets to…

Blockchain A panel filled with professionals working in prominent tech companies discussed the current state of the blockchain space at the ongoing Paris Blockchain Week 2023 conference. Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated the panel discussion titled “State of the Chain 2023” with panelists Ryan Nitz, the head of solutions architecture at Coinbase; Matthew Savarese, the head of strategy at Nasdaq Digital Assets; Rich Widmann, the head of strategy for Web3 at Google; Dante Disparte, the chief strategy officer and head of global policy at Circle; and Denelle Dixon, the CEO of Stellar Development Foundation. The panelists discussed various topics…

Blockchain Roo Troop recently released a string of tweets to inform relaunching into Polygon. The tweets also revealed that Joey Mob will also be launching on the network. Both platforms will migrate to Polygon on April 12th. This recent collaboration has been undertaken to fight the war against creators. The platforms will also drown out the noise to help them reclaim their focus and time. The announcement follows the announcement by Roo Troop, where they talked about standing against the noise surrounding creator royalties. According to Roo Troop, everyone is delighted to set an example and migrate to Polygon. This…

This is a major play by Sony, which will allow for NFTs to be transferred across different games and consoles.It is no secret that Sony Interactive Entertainment is going big on non-fungible tokens (NFTs). However, news of Sony’s latest patent for transferable NFTs is causing much excitement in the industry. Essentially, Sony has filed for a patent which will allow gamers to own their in-game assets as NFTs – and take these assets into other games and platforms. Listed examples of the digital assets are “video game skins, video game artwork, an avatar, a video game weapon, and/or a video game skill.”For…

Blockchain The Indian Railways has taken the absolute landmark decision to incorporate blockchain technology for the first time. This followed the conduct of a highly educational and informative workshop at the National Academy of Indian Railways (NAIR), based in Vadodara, Gujarat. This very exercise was carried out along with ChainCode Consulting as well as Polygon. In a bid to revolutionize Indian Railway operations, the National Academy of Indian Railways (@cproNAIR) launched a workshop to educate leaders on the benefits of exploring blockchain & emerging technology solutions in railway industries. — Polygon (Labs) (@0xPolygon_Labs) March 21, 2023 This pathbreaking workshop was…

Blockchain Obligate, a blockchain-based debt securities protocol, has executed the first bond issuance without any banks involved using the Polygon blockchain, the protocol announced Wednesday in a statement. The issuer was Muff Trading AG, a Swiss physical commodities trading boutique specializing in sourcing precious metals and raw materials from South America. Muff sold tokenized corporate bonds using Obligate’s marketplace. The firms did not disclose the debt issuance’s size and terms. The development precedes Obligate opening its platform to the broader public on March 27. Obligate, which is regulated as a financial intermediary in Switzerland, allows companies to issue bonds and…

Blockchain A market data aggregation platform recently tracked decentralized apps (dApps) on the BNB Chain with the best performance during the past 30 days. The list features the most popular DeFi exchanges, protocols, Play-to-Earn games, NFT projects, and marketplaces. Expectedly, PancakeSwap took a landslide lead among DeFi exchanges. While over 1.7 million users visited and used PancakeSwap to trade crypto, farm, and vote, the closest protocol on the ranking to it had only 110k users. DApps with the Highest Number of Users on #BNBChainDiscover the most popular exchanges, #DeFi protocols, #PlayToEarn games, #NFT projects, and marketplaces on #BNB Chain during…