Tokenized Fine Wines, a Smart City in the Nevada Desert, and Other Blockchain Initiatives

Blockchain technology remains one of the hottest trends among financial, government and commercial organisations around the world. ForkLog magazine offers a survey of the most interesting recent initiatives.

Crypto Bank Sygnum токенизировал branded wines on the Desygnate platform

The Swiss-licensed crypto bank Sygnum токенизировал первый набор активов в соответствии с новым законодательством страны. Касающиеся технологии распределенного реестра нормы вступили в силу 1 февраля.

In partnership with Fine Wine Capital AG, Sygnum issued tokens on the Desygnate platform representing “investment-grade fine wines”.

Records of tokens issued on Desygnate are entered into the distributed ledger and have legal effect.

The new law allows companies to register and transfer tokenized assets. It is expected that this will make investments in luxury items, diamonds and branded wines more accessible and liquid.

Marubeni aims to use blockchain to track plastics supply

Japanese trading company Marubeni, in partnership with the startup Circularise задействует блокчейн to track the supply of raw materials, including plastic.

The system, based on distributed ledger technology, ensures the confidentiality of sensitive data.

Developers will first test the solution with Marubeni’s Japanese clients. If the pilot proves successful, international partners will join the program.

Blockchains LLC aims to build a smart city in the Nevada desert in 2022

The CEO of Blockchains LLC, Jeffrey Burns обратился to state authorities in Nevada for permission to form a local government and an innovation zone covering 67,000 acres (271 square kilometres) that the company owns in Storey County.

It is envisaged that in the smart city under Blockchains LLC’s auspices, payments will be conducted in digital currency, and administrative records will be kept on the blockchain.

Plans also include a high-tech park for businesses merging blockchain with artificial intelligence, nanotechnology and 3D printing, as well as an arena for esports events and a studio for creating music, games and films.

BNP Paribas and Prudential deploy blockchain in derivatives operations

The BNP Paribas Securities Services (BNPPSS) unit and Eastspring Investments внедрили a blockchain solution for exchange-traded derivatives, developed by Singaporean fintech Hashstacs.

Company representatives say that, thanks to distributed ledger technology, BNPPSS and Eastspring have cut the time to complete operations by 84%. The number of clients reporting errors has also fallen.

The first version of Hashstacs’s Mercury platform was launched in June 2020.

We also reported:

• Blockchain project Celo привлек $20 млн from a16z, Greenfield One and Electric Capital.
• Крупнейший банк Таиланда запустил блокчейн-фонд на $50 млн.
• Украина привлечет иностранных блокчейн-специалистов.
• Forbes представил список компаний-миллиардеров, использующих блокчейн.
• Блокчейн-стартап Axoni привлек $31 млн от Deutsche Bank, Intel Capital и других инвесторов.
• Блокчейн-стартап из США объявил грант для проектов на базе IPFS.
• SBI Holdings и SMFG анонсировали запуск блокчейн-биржи.

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