Blockchain technology remains one of the hottest trends among financial, government and commercial organizations worldwide. ForkLog provides an overview of the most exciting new ventures.
Japan’s Mizuho bank to tokenize real estate
Nikkei reported that Mizuho Trust & Banking, one of Japan’s largest banking groups, plans to tokenize real estate and sell security tokens to investors by the end of the year.
The company uses the BOOSTRY blockchain platform launched by Nomura Holdings. Earlier, Japan Exchange Group announced that it will issue tokenized green bonds on the site.
Mizuho hopes the move will allow the bank to make its holdings more liquid and attractive to investors.
Equideum Health and Nokia Bell Labs Use Blockchain to Store Augmentation Device Data
Equideum Health (formerly ConsenSys Health) and Nokia Bell Labs signed a collaboration agreement in which the companies aim to collect and store anonymized data from augmentation devices. The information is planned to be used in clinical trials later on.
In the first stage, the parties will integrate a prototype ear-to-ear device from Nokia Bell Labs with Equideum Health’s private cloud. In the second stage, a “machine learning environment” will be created where the security and confidentiality of data will be ensured by blockchain technology.
De Beers will migrate diamond supply chains to its own blockchain platform
De Beers, the international company engaged in the extraction, processing and sale of natural diamonds, has announced the full-scale launch of the Tracr blockchain platform. Second, it allows you to trace the origin of the gems.
Tracr has been developed since 2018. The project includes third-party companies such as diamond jewelery retailer Signet Jewelers and Russian diamond mining group Alrosa.
De Beers said it has registered a quarter of its products on the platform.
GSBN begins integrating its blockchain platform with trade finance services
The Global Shipping Business Network (GSBN) consortium has launched concept tests to integrate its own blockchain platform with trade finance services. Bank of China, DBS Bank and HSBC participated in the test.
The GSBN platform is designed to digitize the delivery and tracking process of maritime container shipping. After testing is complete, the consortium plans to launch several pilot projects.
Singtel issues tokenized bonds on the ADDX platform
Telecommunications giant Singtel has issued $100 million worth of tokenized bonds on its Singapore-based ADDX platform. The leading manager of the placement was the United Overseas Bank financial group.
The five-year security issuer is the “daughter” of Singtel – Singtel Group Treasury. The coupon rate of the bond is 3.56% per annum. Payments are made in US dollars.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.