In a groundbreaking shift towards Web3 adoption, JPMorgan has rebranded its blockchain division from Onyx to Kinexys, reflecting the bank’s ambitions to redefine global finance through blockchain. This rebranding comes with a slate of new services and a renewed focus on Real World Asset (RWA) tokenization—an area that promises to bring tangible, real-world value into … Read more
In a significant leap towards modernizing financial services, UBS, a global asset management giant, has successfully completed a blockchain pilot aimed at streamlining tokenized asset management. With a market cap exceeding $104 billion (roughly Rs. 8.8 trillion), the Switzerland-based firm teamed up with Chainlink and the Swift Network to test a groundbreaking solution, positioning itself … Read more
Dubai Customs has launched a new blockchain platform to streamline business operations in the region, which is increasingly seen as a tech-friendly market. To address some of the obstacles in Dubai’s corporate sector, Customs is considering using blockchain technology to increase transparency and facilitate the process of sharing data in a tamper-proof manner. The blockchain … Read more
