Crypto exchange Binance and a consortium led by MDI Ventures will establish a joint venture focused on developing blockchain technology in Indonesia, the company said in a press release on Wednesday.The joint venture will create a new Indonesia-based digital asset exchange. Binance will provide infrastructure and support for the new exchange.MDI is the venture capital arm of … [Read more...] about Binance, MDI-Led Consortium to Create Crypto Exchange in Indonesia
Consortium
Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by 2022-End
Members of the Digital Currency Forum, include banks like MUFG Bank, Sumitomo Mitsui Banking Corp., Mizuho Bank, Japan Post Bank, industry heavyweights like the Nippon Telegraph & Telephone Corporation, East Japan Railway, and Mitsubishi Corp., as well as local governments. The Bank of Japan, Financial Services Agency of Japan, and three ministries, are observing its … [Read more...] about Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by 2022-End
Private, public and consortium blockchains: The differences explained
Private blockchains provide users with the absolute privacy they desire. Private blockchains (which are permissioned settings) establish rules governing who can see and write to the chain, in contrast to public, permissionless blockchains. There is a clear hierarchy of control in these systems; hence, they are not decentralized. However, they are dispersed because many nodes … [Read more...] about Private, public and consortium blockchains: The differences explained
Cosmos-based DEX Osmosis raises $21M from a consortium of investors
Osmosis, a decentralized exchange, or DEX, on the Cosmos blockchain, raised $21 million dollars in a token sale led by VC fund Paradigm along with a consortium of investors that includes Robot Ventures, Nascent, Ethereal and Figment.Osmosis allows developers to build customized automated market makers, or AMMs, with sovereign liquidity pools. The DEX uses a native token called … [Read more...] about Cosmos-based DEX Osmosis raises $21M from a consortium of investors
New ASEAN blockchain consortium targets cross-border cooperation
Blockchain associations from Australia and five Southeast Asian nations are joining forces to promote blockchain development and education.Blockchain organizations from Australia, Singapore, Malaysia, Thailand, Indonesia and the Philippines signed a memorandum of understanding Thursday to promote blockchain collaboration in the Asia Pacific, Business Times reports.Initiated by … [Read more...] about New ASEAN blockchain consortium targets cross-border cooperation