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Tag Archives: IBM

IBM Backs a Dollar-Pegged Stablecoin Crypto Token on the Stellar Network

Stronghold, a San Francisco-based financial institution that has been developing an asset agnostic payment and trade ecosystem, has launched an asset-backed token on the Stellar network, the first venture supported USD anchor for the network. Buyers of the coin will deposit U.S. dollars with Stronghold’s partner bank, Nevada-based Prime Trust, enabling Stronghold to issue the tokens on a 1-to-1 ratio, according ...

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IBM Backs ‘Stablecoin’ Stronghold USD for Fast and Secure Financial Payments

IBM is exploring the use of a ‘stablecoin’ to facilitate fast and secure payments within the financial services sector. The tech giant has teamed up with institutional asset management platform Stronghold, which is federally insured by the bank Prime Trust, to test a cryptocurrency that is pegged to the U.S. dollar. IBM Announces the Use of Federally Backed ‘Stablecoin’ Stronghold USD ...

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Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar

Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.S. dollars per coin,” according to an official press release, and held in an account with Nevada-based Prime Trust, the same trust company that banks for the stablecoin TrueUSD. The stablecoin is ...

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Crypto Daily News | Block.one Funding, IBM Blockchain, & Boeing Planes

In today’s edition of Crypto Daily News, we will cover Block.one receiving funding from top execs at PayPal and Bitmain, IBM teaming up with Columbia to launch a Blockchain Research Center, and the airplane maker, Boeing, using blockchain technology. Crypto Daily News: June 17th, 2018 Block.one Gets Funding EOS developer Block.one has secured investments from the crypto-mining billionaire Jihan Wu ...

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Riyadh City Picks IBM to Integrate Blockchain in Government Services

The municipality of Saudi Arabia’s capital city Riyadh has partnered IBM to facilitate government services and transactions on a blockchain. Under terms of the partnership, early blockchain-tech mover IBM will work with Elm Company, the municipality’s technology partner, to develop an implementation strategy to plug government transactions and commercial services to citizens and residents on a blockchain, ITP.net reports. The ...

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Riyadh Municipality Partners with IBM to Develop Blockchain for Government Services

Riyadh Municipality, Saudi Arabia, has partnered with IBM to jointly develop a strategy to streamline government services and transactions on а blockchain, news outlet ITP.net reported July 11. The move was made in accordance with an authoritative decision of the Government of Saudi Arabia to work on improving the quality of municipal services for customers and integrate leading technologies into ...

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Delaware Awards IBM $738,000 Contract to Develop Prototype Blockchain Filing System

Delaware, in its bid to provide a good legal and regulatory environment for blockchain technology, has awarded a $738,000, single bid contract to IBM to build a prototype for a blockchain based corporate filing system for the state, according to delawareonline.com. Delaware’s corporate franchise business contributes more than 25% of the state’s revenue. Blockchain advocates in Delaware claim the technology’s ...

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WatermelonBlock Uses IBM Watson AI for Sentiment Crypto Market Analysis

Understanding how the cryptocurrency market thinks and feels, can lead to much brighter investment decisions, suitable for all investors and their afferent lifestyles. WatermelonBlock represents a platform that harnesses AI and Big Data technology, to create cutting-edge sentiment analysis on the crypto market, displayed in an intuitive manner. Disclosure: This is a Sponsored Article Now, WatermelonBlock has announced a partnership ...

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