blockchain technology

DTCC's tokenization platform goes live with BlackRock, Goldman and JPMorgan as Wall Street's post-trade infrastructure moves on-chain

DTCC has launched its tokenization service into live production, completing real blockchain-based transactions with 25+ Wall Street firms.

How Dovu and Tymlez are Working to Reduce Carbon Emission

The blockchain technology market is seeing extremely rapid growth and is currently valued at $4.7 billion as of 2023, according to Emeritus. That number is predicted to more than triple that by 2027. However, with this growth, there is a sustainability concern with blockchain. The amount of energy usage that goes into its production and…

Post-Ethereum Merge, Is Cryptomining Losing Its Value Proposition?

Ethereum’s completed merge to a new “proof-of-stake” model sent seismic shockwaves across the high-end graphics card industry. The ending of its energy-consuming cryptomining process also means the end of requiring a mass number of GPUs in Ethereum’s block mining process. This merge is therefore redefining the business model for major graphics card manufacturers like Nvidia…

Understanding MiCA: EU’s Next Steps Toward a Greener Cryptomining Market

The cryptocurrency industry is preparing to welcome its newest set of regulations from the largest ruling body to date, as 27 countries adopt a “uniform legal framework for crypto-assets.” The EU passed its Markets in Crypto-assets (MiCA) bill on March 14, a first draft of rules covering previously unregulated aspects of the crypto market in…

How Established Businesses are Utilizing Blockchain for Process Improvements

Blockchain technology, once used popularly for cryptocurrencies, is a secure, decentralized ledger growing in use and design across a multitude of different industries and for various purposes. John T. Seigfreid, Corporate Development and Strategy Senior Manager at SkyGrid, explains how established companies are beginning to use blockchain technology to improve what they do. Thinking about…