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Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization

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Time Stamp: August 10, 2023 7:38 AM - Modified On: August 10, 2023 - Published By:
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New York, August 10, 2023 – Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. This partnership will empower MBI clientele to engage in the purchase and issuance of tokenized commercial paper using Prontoblock’s cutting-edge digital assets platform. Prontoblock will collaborate closely with issuers to identify the most suitable commercial paper instruments for tokenization. The outstanding value of U.S. commercial paper exceeded $1.25 trillion

Bridging Real and Virtual Economies

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Time Stamp: July 11, 2023 3:40 PM - Modified On: July 11, 2023 - Published By:
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In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital

The Fight for Financial Freedom

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Time Stamp: July 10, 2023 5:30 AM - Modified On: July 10, 2023 - Published By:
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As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

TapestryX Protocol Rated by the Government Blockchain Association (GBA)

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Time Stamp: June 11, 2023 3:02 PM - Modified On: June 11, 2023 - Published By:
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Washington, DC – June 11, 2023 - TapestryX, a layer one blockchain solution, has achieved the venerated distinction of being rated as a Trusted Blockchain Solution for the Banking, Financial Services, and other industries. The Government Blockchain Association (GBA) conducted the evaluation using the highly regarded Blockchain Maturity Model (BMM) and the Banking & Financial Services Supplement. The comprehensive assessment involved a team of esteemed industry experts, including government Chief Information Officers, technology specialists, legal and regulatory professionals, and banking experts. Over several days, the team meticulously analyzed 11 elements

Rocket Raccoon: A Phenomenon of Memecoin Magic and the Pursuit of Financial Liberation

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Time Stamp: May 19, 2023 4:15 PM - Modified On: May 19, 2023 - Published By:
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In the ever-evolving world of cryptocurrencies, a remarkable phenomenon has captured the imagination of both seasoned investors and enthusiasts alike. This captivating tale revolves around the rise of a viral memecoin, where a charismatic raccoon character named Rocket has taken centre stage. Welcome to the intriguing world of Degen RocketRacoon. Drawing inspiration from the Marvel Cinematic Universe, particularly the beloved Guardians of the Galaxy franchise, Degen RocketRacoon seeks to deliver an electrifying rush that crypto investors crave. Despite its stealthy launch, this audacious project has swiftly captured public attention, boasting

Crypto Chaos

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Time Stamp: May 10, 2023 6:27 AM - Modified On: May 10, 2023 - Published By:
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Despite the second-largest bank failure in US history, the Federal Reserve continued its interest rate hike strategy last week. This caused markets to react by pricing in continued monetary tightening, pushing back their expectations of rate decreases to 2024. Some have perceived this move as necessary to combat inflation, even if it comes at the cost of breaking the banking sector. Unfortunately, this sober outlook suggests that the rest of the year may be marked by more sideways action in the markets rather than a steady recovery. Meanwhile, in the

Paribus. Every Step of the Way.

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Time Stamp: March 28, 2023 7:28 AM - Modified On: March 28, 2023 - Published By:
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In this simple step-by-step article, we’ll be guiding you through the basics of using our soon to be released mainnet. We’ve worked hard to ensure it’s as intuitive and user-friendly as possible and as time goes by we’ll continue to iterate and update it with improvements. Step 1 — Get a Wallet The first step in being able to interact with the Paribus Mainnet v1 is to ensure you’ve got a crypto wallet. Our recommended wallet is MetaMask. You can download the latest version here: https://metamask.io/ For an explanation about

Top 3 Cryptocurrencies Should Be Concerned in 2023

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Time Stamp: February 14, 2023 12:53 PM - Modified On: February 14, 2023 - Published By:
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Thanks to the development of information technology, we can move from doing direct business such as opening a restaurant, hotel to an online business such as stocks, securities and most recently cryptocurrency exchanges. Here are the top 3 cryptocurrencies that should be considered and considered for investment. 1. Binance Coin (BNB) Market Value: $44 billion Binance Coin (BNB) is one of the many largest cryptocurrency exchanges in the world, it is a cryptocurrency used to pay fees and transactions. In the past starting in 2017, Binance Coin simply performed functions