blockchain scalability - FinTecBuzz

Akamai and MUFG Announce Joint Venture for Blockchain-Based Online Payment Network

FTB News DeskFebruary 13, 201913 min

Akamai Technologies, Inc. (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, and Mitsubishi UFJ Financial Group (NYSE: MUFG), one of the world’s leading financial groups, today announced an expansion of their relationship through the establishment of a joint venture, the Global Open Network, Inc. (GO-NET) and their plans to offer a new blockchain-based online payment network enabling next-generation transaction security, scale and responsiveness. GO-NET is the result of more than three years of...

Blockchain

Syscoin Announces Integration of Cross-Chain ZK Rollups

BusinessWireJuly 22, 20225 min

Syscoin is positioned to be the first platform to offer Layer 1 data availability in combination with a cross-chain, EVM-compatible ZK rollup.

Crypto Currencies

Ormeus Cash Partners With COTI

FTB News DeskDecember 18, 20186 min

New “blockless” chain based on DAG protocol solves many challenges of traditional blockchain as payment gateway Ormeus Cash, an asset-backed virtual currency with a stable transaction price, announced today a partnership with technology firm COTI. The new partnership provides Ormeus Cash with the platform upon which to build out is merchant gateway, opening new markets for the virtual currency so that it can be accepted worldwide for payment without the bothersome delays, high fees, and...

Blockchain

UPCX Mainnet announced the launch of Imminent

GlobeNewswireOctober 15, 20247 min

UPCX, a high-speed blockchain system, is scheduled to officially launch its mainnet in mid-October. The UPCX mainnet is designed to enhance payments and financial services, marking a critical step towards democratizing global finance. By significantly reducing transaction costs and increasing transaction speeds, the system aims to transform the existing financial infrastructure, empowering users worldwide to take control of their financial future. The UPCX mainnet will be the core network responsible for handling all real transactions...

Blockchain

Valour Expands Offerings with Valour Sui ETP on Spotlight Stock Market

PRNewswireOctober 10, 20244 min

DeFi Technologies Inc., a crypto-native technology company at the forefront of merging traditional capital markets with decentralized finance (“DeFi”), proudly announces that its subsidiary Valour Inc. (“Valour”), a leading issuer of exchange-traded products (“ETPs”) providing simplified access to digital assets, has listed the Valour Sui (SUI) ETP on the Spotlight Stock Market. The Valour Sui (SUI) ETP provides a secure and straightforward way for investors to gain exposure to Sui, a rapidly growing layer-1 blockchain...

Crypto Currencies

Bitlayer Secures $9 Mn in Extended A Round, Led by Polychain Capital

PRNewswireOctober 9, 20246 min

Polychain Capital leads Bitlayer's extended A round, ushering in a new era of verification capabilities for Bitcoin.

Blockchain

Paxos Expands to Arbitrum with Plans to Bring Tokenization Platform to the Network

PRNewswireSeptember 11, 20244 min

Arbitrum One will be the first Layer 2 chain to integrate with Paxos

API

Sensedia announced the launch of New Fintech API Accelerator Platform

BusinessWireAugust 26, 20247 min

Sensedia has launched Fintech API Accelerator Platform, an agile, adaptive embedded finance API and integration solution, allowing fintechs to rapidly scale their ecosystem strategy and incorporate AI products and open banking/finance readiness into their services to drive revenue growth. Fintech API Accelerator Platform offers everything a fintech needs to grow—Sensedia’s PCI-compliant platform, AI CoPilot, expert API services, a powerful Developer’s Portal, along with support for open banking compliance, and marketing—all at the price point competitors charge for...

Crypto Currencies

Nexio Raises $2.2M in Pre-Seed, Launches Parallelized Bitcoin Rollup

PRNewswireAugust 9, 20246 min

Nexio, a pioneering Bitcoin scaling solution leveraging parallelized rollup technology, announced that it has raised $2.2 million in pre-seed funding from a diverse roster of prominent industry investors. This funding will enable Nexio to accelerate the development and adoption of its parallelized Bitcoin rollup technology, aiming to revolutionize Bitcoin’s scalability and usability. Concurrent with the pre-seed funding, Nexio is launching its parallelized Bitcoin rollup powered by the MoveVM, which supports over 30,000 transactions per second with gas fees maintained below $0.01. This technology...

Crypto Currencies

HTX Ventures Invests in Nexio to Enhance The Bitcoin Ecosystem

PRNewswireAugust 7, 20245 min

HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Nexio. Nexio is an innovative Bitcoin scaling solution that employs parallelized ZK Rollup with MoveVM. Powered by MoveVM, Nexio’s parallelized Bitcoin rollup supports over 30,000 transactions per second while maintaining gas fees below $0.01, making it ideal for high-frequency applications. This technology addresses critical challenges in the Bitcoin ecosystem, including slow transaction times, high gas fees, and inadequate tooling...

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