Blockchain
Biconomy, a Leading Cryptocurrency Exchange from Canada, and Brainpay Jointly Released Innovative e-Wallet Solutions
Toronto, Ontario–(Newsfile Corp. – November 3, 2021) – On November 3rd, in Toronto, Canada, Biconomy announced the establishment of strategic cooperation with Brainpay, a Latin American electronic payment solution provider. The strategic cooperation includes multifaceted cooperation to help businesses and users in North America, Europe, Asia, Middle East and other regions, to enjoy more convenient solutions and services for the integration of cryptocurrency and legal currency.
Biconomy announced that this cooperation further expands the possibilities for the development of financial services such as “Crypto as Service” in the Biconomy business ecosystem, helping more merchants and users to access cryptocurrency functions in a more convenient and faster way. With the support of Brainpay, Biconomy will launch an independent e-wallet for consumers around the world. Consumers can purchase, sell, and hold digital assets through the custodial wallet, and can also apply for physical debit and credit cards based on the Visa and Master payment networks.
Dmitriy Sheludko, CEO of Biconomy, said that the proposal of Biconomy’s “Crypto as Service” financial solution is to further meet the needs of community users. “Our business ecology and community development are inseparable. We can see Every great business is built on the basis of a strong user community. This is especially true in the post-Internet era. Young people hope that their community can integrate more convenient services. Therefore, the Biconomy IT team has made unimaginable efforts and given up rest time in order to better and quickly launch high-quality services to community users.”
“In addition to providing services to the Biconomy community, we will empower e-wallets and global payment services to all blockchain innovation companies in the Biconomy ecosystem, so that they have global payment capabilities since their birth. After geographical restrictions, members of our ecology will move towards a broader global market and develop their own global communities more freely,” emphasized Dmitriy Sheludko.
According to the information released by Biconomy, with the support of their partners, they plan to launch the Biconomy e-wallet on the Google Store and Apple Store before the end of 2021 to realize the in-wallet exchange between BIT token and legal currency. At the same time, the exchange function between mainstream Stablecoin and local legal tender will be launched in major countries around the world.
As global payment giants such as Visa and Master continue to deploy in the cryptocurrency field, large international exchanges have also launched various payment-related services based on electronic wallets. It is understood that exchanges such as Binance, Biconomy, and Coinbase are also expanding the possibility of integrating loyalty solutions with traditional merchants, including hotels, luxury jewelry brands, and airlines.
Join Biconomy Exchange Social Networks:
https://t.me/Biconomy_Global
https://twitter.com/Biconomy_Global
https://www.facebook.com/BiconomyGlobal
https://www.youtube.com/channel/UCUr7xvFfBy8zQR0EB_cbjBQ
Website: https://biconomy.com/
Contact: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101888
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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