Blockchain
Bitcoin Association joins the Japan Cryptoasset Business Association (JCBA) as an associate member to support the growth of BSV in Asia
Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV (BSV) blockchain and digital currency, today announces that it has been admitted to join the Japan Cryptoasset Business Association (JCBA) as an associate member as part of its ongoing efforts to support the growth of enterprise blockchain technologies in Japan and across Asia.
The JCBA serves as a platform for businesses working with digital assets to network, interface and collaborate on issues important to the growth of the digital asset and blockchain sectors in Japan. Its 112 members include leading banks, exchanges, technology providers, development firms, professional service providers and industry associations with significant interests in the Japanese blockchain space. Since being founded in 2016, the JCBA has played an increasingly prominent role in the growth of the emerging blockchain industry in Japan, including contributing to the development of positive public policy through work with the Financial Services Agency and Consumer Affairs Agency, in addition to increasing awareness of blockchain technologies and improving access to education in the space.
Sharing several of the same goals for the development of a regulation and innovation-friendly blockchain ecosystem, Bitcoin Association joins the JCBA as an associate member to support the growth of enterprise and national scale applications of blockchain technology using the BSV blockchain. Bitcoin Association maintains a pair of ambassadors in Japan as part of its Global Ambassador Programme, Masumi Hamahira – Executive Advisor for the Islamic Banking Window at MUFG Bank and Ken Shishido of Tokyo Bitcoin Ventures – both of whom work to support and nurture the growing community of BSV businesses, developers and enthusiasts in Japan. To learn more about the BSV blockchain and the array of businesses using its network, visit bsvblockchain.org.
Commenting on today’s announcement, Bitcoin Association Founding President, Jimmy Nguyen, said:
‘Bitcoin Association is delighted to be accepted as associate member of the Japan Cryptoasset Business Association, a leading and influential organisation in Japan’s blockchain industry. By working with the JCBA, we look forward to improving awareness in Japan around the capabilities of enterprise blockchain technology and digital assets with real utility and demonstrating how the BSV blockchain is today making these possibilities a reality for businesses all around the globe. I would like to thank the JCBA for welcoming Bitcoin Association and commend the efforts of Masumi Hamahira, one of our Bitcoin Association Ambassadors, for bringing our two associations together.’
Also speaking, Bitcoin Association Ambassador for Japan, Masumi Hamahira, said:
‘It is a great honour for Bitcoin Association to be approved by the board of the Japan Cryptoasset Business Association to join as an associate member. The JCBA is recognised for its positive and proactive work with regulators in Japan, including the Financial Services Agency and Consumer Affairs Agency – both important relationships in the first country to regulate the cryptoasset industry. I see great potential for the BSV blockchain in Japan and am excited to work together with the JCBA and Bitcoin Association to pursue our shared goals for an innovative and regulation-friendly blockchain ecosystem.’
Also commenting, Managing Director of the Japan Cryptoasset Business Association, Seiji Yuki, said:
‘At the JCBA, we work collectively with our members for the healthy development and expansion of the cryptoasset sector and related businesses. I expect that the activities of Bitcoin Association for BSV, working together as part of our own association, will contribute to the development of the cryptoasset industry and I look forward to working alongside them.’
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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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