JPMorgan has launched its tokenization platform, the Tokenized Collateral Network (TCN), on its Onyx blockchain. The platform aims to streamline securities settlement between major institutions by tokenizing assets on a blockchain. TCN recently settled its first trade between BlackRock and Barclays, allowing for instant transfer of collateral instead of the usual day-long process. BlackRock used […]
Crypto data aggregator CoinMarketCap, owned by Binance, has introduced a new plugin for its AI chatbot ChatGPT. This plugin allows users to ask the large-language model (LLM) a range of crypto-related questions. By enabling the plugin, users can access real-time information sourced directly from CoinMarketCap, including listings, gainers and losers, and blockchain statistics. The plugin […]
The Open Network Foundation (TON Foundation) has announced its attempt to become the world’s fastest blockchain, as accredited by Guinness World Records. The foundation will conduct a public network performance test on October 31, 2023, to showcase the reliability, scalability, and speed of the TON blockchain. Collaborating with Alibaba Cloud and others, TON Foundation will […]
The Open Network Foundation (TON Foundation) has announced its attempt to become the world’s fastest blockchain, as recognized by Guinness World Records. The foundation plans to conduct a public network performance test on October 31, 2023, to showcase the reliability, scalability, and speed of The Open Network (TON) blockchain. To facilitate the test, TON Foundation […]
BlackRock has utilized JPMorgan’s new blockchain tools to facilitate instant collateral settlement with Barclays. The transaction involved tokenized shares from one of BlackRock’s money market funds, leveraging JPMorgan’s Tokenized Collateral Network (TCN). This blockchain-driven platform allows for efficient and instantaneous transactions, eliminating the delays associated with traditional methods. JPMorgan plans to expand the supported assets […]
JPMorgan Chase & Co. has achieved a significant milestone in blockchain technology with the completion of its Tokenized Collateral Network (TCN) live transaction. This groundbreaking transaction involved major financial giants BlackRock Inc. and Barclays Plc, marking a pivotal moment in adopting blockchain technology for financial processes. The TCN, developed by JPMorgan, has proven its ability […]
A decentralized network called io.net is aiming to provide a cost-effective solution for renting GPU computing power for AI and machine learning services. The project, which started as a quantitative trading system, aggregates GPU computational power from various sources such as data centers, cryptocurrency miners, and decentralized storage providers. By pooling these resources, io.net aims […]
Sergey Nazarov, co-founder of blockchain oracle Chainlink, believes that people will eventually understand and appreciate the decentralized computing platform his team is building. In an interview, Nazarov emphasized the importance of developing a secure and reliable system that can handle large transaction values. He clarified that blockchain and oracle networks are different, with oracle networks […]
American banking giant JP Morgan has launched its in-house blockchain collateralization platform, called Tokenized Collateral Network (TCN). The platform allows investors to use assets as collateral by transferring ownership through blockchain technology. TCN recently settled its first trade for asset management giant BlackRock, converting shares of a money market fund into digital tokens. The use […]
Online Blockchain Plc and ElevenLabs have formed a partnership to enhance the capabilities of voice Artificial Intelligence (AI). Online Blockchain’s AI assistant, Synthia, will utilize ElevenLabs’ text-to-speech models to generate natural and high-quality dialogue. This collaboration aims to eliminate robotic and high latency speech, making Synthia nearly indistinguishable from a real-life assistant. Additionally, Online Blockchain […]
