1.The Federal Reserve launched the development of “real-time payment settlement system” FedNow, which is expected to be launched 4 years later.
It is reported that this new payment system is expected to be officially launched in 2023 or 2024, which will allow people to transfer funds 24 hours a day on weekends and workdays, allowing consumers to manage their funds more flexibly and process some ” A payment transaction that is more sensitive to time requirements.
2.Lenovo, Nokia and Vodafone enter the IBM blockchain project
IBM launched a blockchain project called “Trust Your Supplier”, which includes Anheuser-Busch InBev, GlaxoSmithKline, Nokia, Schneider Electric and Vodafone, and Lenovo. The project serves the supply chain industry and collects various supplier information such as ISO certifications, bank account data, tax certificates, insurance certificates and other supplier data required to exchange purchase orders and invoices. (coindesk)
3.Paypal President confirms that Libra will be launched in early 2020
Paypal President Dan Schulman confirmed that Libra will be launched in early 2020. And Paypal will be part of Libra. According to Brazilian media Valor, Dan Schulman believes Libra will be an option to achieve a stable and inclusive financial system. Paypal will also work according to regulatory requirements and will invest hundreds of millions of dollars in compliance and risk management in the future. In addition, Federico Schumacher, general manager of Paypal’s Brazilian and Mexican markets, also expressed his opinion on Libra. He believes that “Libra will be used as a payment method rather than an investment.” (cryptoglobe)
4.Ethereum has more than 200,000 smart contracts, ranking the dominant position in the Defi ecosystem.
Trustnodes reported that according to Etherscan data, more than 200,000 smart contracts have been released on the Ethereum network. The Ethereum blockchain was officially launched on July 30, 2015 and is now used by many unicorn companies around the world. As a Turing-complete blockchain platform, Ethereum allows developers to automate business processes by writing smart contracts.
5.Galaxy Digital hires Wall Street veteran as global sales executive
Carbon chain value news, encryption investment bank Galaxy Digital has announced that Wall Street veteran David Gross (David Gross) joined the company, the former encryption executive Cumberland executives will be the global sales director of Galaxy Digital. According to LinkedIn’s profile, David Gro has worked for 15 years in the global financial services firm Credit Suisse and Lehman Brothers.
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