Cross-border

Stellar is a decentralized blockchain platform and cryptocurrency designed to facilitate cross-border payments and enable fast, low-cost transactions. Coinidol.com takes a closer look o XLM token.

The move marks a key operational milestone for Deutsche Bank's institutional cash management and cross-border payment solutions.

Payments Global banking giant Citi announced an industry-first integration that combines its Citi® Token Services (a blockchain-based platform) with its 24/7 USD Clearing solution.

Coinidol.com: A major announcement from a the global financial network, SWIFT.

Several giant payment service providers are flocking to using encrypted decentralized technologies including blockchain to create payment platforms that can facilitate and support fast, secure, cheap cross-border payment processing services which offer real-time validation of transactions minus the involvement of third parties.

A new token based on the Public Corda network might become a prototype of Central Bank Digital Currency (CBDC) as it was designed and launched within the G20 sanctioned FATF standards.

The forced digitizations of nearly all industries worldwide makes traditional players adjust and set standards for innovative solutions. Thus, the G20’s Financial Stability Board (FSB) is set for developing a framework for adopting CBDC.

The traditional method of moving money abroad has always been associated with high transfer and money conversion rates, unnecessary delays, annoying paperwork and bureaucracy, but the rise of cryptocurrency as a competing instrument seems to provide many easy alternatives.

Users of localbitcoins.com, a popular cryptocurrency exchange platform, in over 15 countries from different continents are crying helplessly after being denied access to withdraw their Bitcoins from their personal accounts. This event came as a result of a surprise blackmail from the EU Commission.