MPCH’s Post

NORTHSTAKE to Become a NEAR Protocol Validator As a validator, NORTHSTAKE will help secure and verify decentralized transactions on NEAR, while simultaneously unlocking opportunities to stake and receive rewards with NEAR tokens for institutional investors. Northstake boasts major industry partners including Fireblocks, Chainalysis, BCB Group, Skynet Trading, and more. Jesper Johansen, Founder and CEO of Northstake, said: “NEAR’s ecosystem has an admirable ethos which complements the Web3 industry: it is committed to openness, sustainability, and a vision that prioritizes placing data and technology at the service of humanity. Having established itself as a compliant and secure virtual asset service provider to multiple institutions, Northstake is now proud to support the rapid development of the NEAR network as a validator. This collaboration paves the way for increased opportunities for our growing clientele to interact with, invest in, and benefit from NEAR’s fast-growing ecosystem.” https://lnkd.in/evnMaAxZ Jesper Mathias N. Luca Sorlini Victor Riis Jensen Ida Pandur #FFNews #Fintech #FintechMagazine #FintechFinance #Paytech #PaytechMagazine #Insurtech #InsurtechMagazine #KYC #Lendtech #Regtech

#Capitalmarkets • "SIX Digital Exchange partners #InvestDirect for tokenized private equity -The #SIXDigitalExchange (#SDX) is having discussions with Invest Direct, a #Swiss #startup that provides #duediligence and #matchmaking services for private companies. SDX is the blockchain-based exchange and central securities depository (#CSD). When capital markets experts discuss #tokenization, #privateequity is seen as one of the most promising sectors. That’s in part because an increasing number of so-called #unicorns are remaining private but are attractive to #investors. A recent #Citi #survey found that 47% of #institutionalinvestors are looking to DLT to remove private equity frictions. “This planned collaboration highlights the strengths of both Swiss entities, catering to surging demand for streamlined processes and standardised practices within the private equity landscape,” said David Newns, Head of the SIX Digital Exchange. “It enables a more accessible and transparent platform for financial institutions, issuers, and professional and institutional investors to engage in private placements with enhanced confidence.” Meanwhile, SDX recently signed its sixth bank as a member of its DLT-based CSD bringing the total membership to eight. At a recent event, one of SDX’s executives suggested the figure could grow to 20 before year’s end. Soon SDX will use a live wholesale CBDC Swiss Franc for transactions for a limited period. This might be driving interest. To gain traction the exchange is exploring a wide range of options to reduce frictions. Members don’t have to operate #DLT #nodes but instead interact using Swift APIs. The DLT-based CSD is linked to the main SIX SIS CSD enabling conventional investors to buy digital securities, as happened with last year’s UBS bond.  It also has a joint venture with Japan’s SBI in Singapore, AsiaNext, to enable #interoperability across jurisdictions. And it recently participated in a Swift tokenization trial exploring interoperability with both legacy systems and multiple public blockchains." by Ledger Insights #blockchain #distributedledger #DLT #privateequity  #tokenisation

Unlocking the Future of Finance: Dive into the World of Web3 in Fintech and Discover How Financial Institutions Can Embrace Decentralization. 🌐💰 Explore More: https://bit.ly/3P5x4oV #web3 #web3technology #web3tech #technology #fintech #Mindinventory

🚀 Unlocking Enterprise Innovation: The Strategic Significance of XDC Network's Recent Announcement I recently came across an insightful article on Medium by Atul Khekade discussing the transformative potential of XDC Network's latest developments. XDC Network, an enterprise-grade blockchain, is making significant strides in trade finance and asset tokenization. 🌐 Key Highlights: 1. Integration with TradeTrust: XDC Trade Network has integrated with Singapore's government-backed TradeTrust, enabling the verification of trade documents at the source. This innovation ensures credibility and security, transforming how trade assets are managed and traded digitally. 2. Tokenization of Trade Assets: By converting trade documents into electronic, tradable assets, XDC Network is revolutionizing trade finance. This allows for fractional ownership and real-time settlement, making it easier for MSMEs and alternative investors to participate in global trade 3. Strategic Collaborations: The network's collaboration with SWIFT aims to complement its existing infrastructure, extending access to a broader range of financial institutions and investors. Additionally, the XDC Accelerator Program with Tenity is poised to support startups in leveraging blockchain for innovative solutions in trade finance and other sectors. 4. Expanding Private Credit Market: XDC's TradeFinex protocol is set to democratize access to trade finance by enabling private credit investors to engage with digitized trade assets. This move is expected to bridge the $5 trillion trade finance gap, providing much-needed liquidity to underserved markets. The XDC Network is not just enhancing technological capabilities but also fostering a more inclusive and efficient global trade environment. This strategic move underscores the potential of blockchain to drive innovation and create new economic opportunities. For more details, check out the full article here : https://lnkd.in/dakMUcXz #Blockchain #TradeFinance #Innovation #XDCNetwork #Tokenization #DigitalTransformation #WeAreXDC #XDCNetwork #BuilditonXDC Sunil Senapati Aljosja Beije Venu Borra Nadar Suresh Chris Sunderman Sean White Diego Consimo Bhavna Sethi Harri Rantanen Sarah Mikhail, CITF, CSCF Wim Kok Saloi B. Julien ACHARD ☆ CertICM Maurício Magaldi Sami Bousri

Web3 is transforming the industry globally, and the financial industry is no exception. So, let's know how Web3 in fintech can be a good investment. https://bit.ly/3Dk88nZ #web3 #finance #fintech #fintechstartup #financialindustry

Web3 is transforming the industry globally, and the financial industry is no exception. So, let's know how Web3 in fintech can be a good investment. https://bit.ly/3Dk88nZ #web3 #fintech #financialindustry #web3infintech #web3infinance #finance

The Latest Rumors in the #Fintech Scene! The fintech industry, renowned for its rapid innovation and disruptive potential, is never short of exciting developments and tantalizing rumors. As we move through 2024, several whispers and speculations are making waves in the fintech world. From strategic acquisitions to breakthrough technologies, here’s a rundown of the latest rumors fueling discussions among industry insiders. #crypto #tech #fintech #regulatory

In the ever-evolving landscape of fintech, Distributed Ledger Technology (DLT) has fundamentally altered the way information is recorded and shared. Fintech globally is moving at the speed of light as it continues to evolve rapidly. The opportunities created for businesses and users are boosting growth and fintech adoption in every corner from historic time served financial markets to disruptive meteoric growth regions such as those in the middle east. Find out more about how DLT has laid down the groundwork for a new era of distributed infrastructure for payment in another analytical review we've created for you here: https://bladelabs.io/dlt/ #distributedledgertechnology #fintech #bladelabs

🌟 Metavisio's Blockchain Milestone: A New Chapter in Corporate Financing! 🚀💼 In a groundbreaking move, THOMSON COMPUTING / METAVISIO, the French IT pioneer, has announced the successful issuance of its first bond tranche on the Polygon blockchain, facilitated by Capital Système Investissements. This marks a monumental shift in corporate finance and showcases the power of blockchain in transforming traditional business practices. 1️⃣ Innovative Bond Issuance: THOMSON COMPUTING / METAVISIO raised USDC 2 million in this first tranche, part of a larger USDC 20 million bond issuance aimed at funding its expansion in India. This initiative not only supports Metavisio's growth strategy but also solidifies its position as a leader in the computing industry. 2️⃣ Global Expansion Goals: With an ambitious plan to expand its presence to 195 countries by the end of 2024, THOMSON COMPUTING / METAVISIO is leveraging blockchain technology to fuel its international growth. Already holding a strong international presence, this financial move is pivotal in meeting the surging global demand for their innovative computing solutions. 3️⃣ A First in Public Company Financing: This transaction is groundbreaking as it's the first digital bond issuance for a public company conducted entirely outside traditional banking institutions. It reflects THOMSON COMPUTING / METAVISIO's commitment to staying ahead in technological adoption and investor engagement. 4️⃣ THOMSON COMPUTING / METAVISIO's Continuing Success Story: Recognized for its disruptive and high-performance computing solutions, Metavisio is setting a new standard in the IT industry. This financial venture is instrumental in their continued global outreach and success. 🚀 The Bigger Picture: Metavisio’s bond issuance on the blockchain is not just a financial milestone; it's a testament to how innovative companies can leverage new technologies to redefine corporate finance. This move could herald a new era where blockchain becomes integral to corporate growth strategies. 💬 What are your thoughts on blockchain's role in transforming corporate finance? How do you see other companies following Metavisio's pioneering approach? Read more in the full press release here 👉 https://lnkd.in/eTSDqw38 🔄 Share this post to discuss the exciting implications of blockchain technology in corporate growth and the evolving landscape of global finance! #Metavisio #BlockchainFinance #CorporateInnovation #CapitalSystèmeInvestissements #DecentralizedFinance

Tokenization sounds complicated but it can be done < 60s. Here is how: Step 1 : Token design (most important step) Step 2 : Token mint (super easy - can be done in <60s) Step 3 : Token distribution (requires coordination of partners but tech is composable and easy to implement) Below are some questions to consider and what Blade Labs discusses with customers BEFORE minting. Which of the following capabilities will the token require after its creation? (the token will be minted and programmed accordingly) a) Burn : Decrease total supply of token b) Mint : Increase total supply of token c) Freeze : Freezes transfers of the specified token for the account d) Wipe : Wipes the provided amount of token from the specified account e) Pause : Prevents the token from being involved in any kind of operation f) KYC : Grants KYC to the account for the given token, i.e. only KYC'd accounts can handle the specified token g) Geo-filtering : Only users in certain jurisdictions can access tokens h) Any other controls? 2. Will the above controls require administrative and/or fine-grained role-based controls? i.e. a super admin, admin, viewer, etc to manage/change the token controls 3. Will the tokens be programmable beyond the above controls? i.e. Custom smart contract based programmability, for example Delivery vs Payment, Automatic daily/weekly/monthly disbursements of tokens to accounts based on a predetermined formula, etc. 4. Will the usecase require the following additional services? a) Proof of Reserves : Automatically limit token supply based on real world supply of asset in custody b) Third party custody : Third party custody for token supply c) Third party KYC/AML vendor 5. Primary and secondary market considerations a) How will primary sales or distributions of the tokens occur? i.e. Sold on a website or mobile app, sold via an exchange, etc. b) How will secondary sales or distributions of the token occur? i.e. On a web based token marketplace, on an exchange, the issuer will buy back at a discount, etc. 6) User experience considerations a) How will the user journey be initiated and proceed? i.e. Is it completely whitelabelled and embedded into your existing user journey in or existing app? or will it be made available through third party apps/websites? 7) Go to market considerations a) How will the token launch occur? i.e. QR codes placed on a website, a tweet sent out to a closed community, direct sales, etc. 8) Community engagement a) Will the token holder community be engaged continuously? i.e. a loyalty program, additional yield based disbursements, push notifications, etc. 9) Any other requirements or considerations? Note : Business development and coordination with partners is the core component of tokenization success.