In simple language, a security token is a blockchain-based "share" of an underlying asset, such as a company, real estate, or gold.

The post Security Tokens: What They Are and How to Invest (in 2022) appeared first on Bitcoin Market Journal.

US-based payments giant, Mastercard announced the launch of Mastercard Track Instant Pay, an innovative virtual card solution to allow instant payments of supplier invoices, today.

21 January 2022, Johannesburg – In a move that further signals the global emergence of new generation fintechs that specialise in serving black and other communities of colour, fintech marketplace, BlackPay, has announced the launch of a number of loan products tailored for traditionally black festivities. From the product names – Lobola Loan, Mcimbi (traditional […]

The post BlackPay for black occasions – fintech launches products geared at cultural and financial inclusion appeared first on Fintech News.

Cisco Systems has rolled out fixes for a critical security flaw affecting Redundancy Configuration Manager (RCM) for Cisco StarOS Software that could be weaponized by an unauthenticated, remote attacker to execute arbitrary code and take over vulnerable machines. Tracked as CVE-2022-20649 (CVSS score: 9.0), the vulnerability stems from the fact that the debug mode has been incorrectly enabled

On the first day of trade, Chingari, an Indian-based short video-making app, revealed that its native token, GARI, has reached

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True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’ wellbeing among the main reasons for the proposed restrictions. Russia’s Central […]

Indian government officials reportedly said that India’s cryptocurrency bill will require more time because crypto is a complex subject. The bill is therefore unlikely to be introduced in the upcoming session of parliament. The government reportedly wants to hold more discussions to build a consensus on a regulatory framework for crypto. Crypto Bill Unlikely to […]

DUBAI / KUALA LUMPUR, Jan 21, 2022 - (ACN Newswire) - Under the patronage of YB Tan Sri Datuk Seri Panglima Haji Annuar Bin Musa, Malaysian Minister of Communications and Multimedia, and with the participation of Malaysia Digital Economy Corporation (MDEC), a Memorandum of Understanding (MoU) was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr. Haisam Jamal, CEO of Distichain. The event took place at the Address Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.
The aim of the MoU is to create the first digital ASEAN B2B cross-border trade platform to facilitate a potential of RM 50 Billion Malaysian trade internationally with seamless digital transactions over the next 5 to 10 years. The collaboration between Distichain and Verofax Asia will offer a platform that delivers Digital B2B marketplaces as a service (MAAS) to enterprises by offering full marketplaces or through API integration.

Using blockchain and AI as core technologies, the platform digitizes global trade with end-to-end transactions through its ecosystem of supply-chain, verification, and trade finance providers. The solution enables suppliers to readily plug their catalogs, update product data, manage routes and orders, verify documentation and access aggregate financing and logistics all in one place. This unique platform that simplifies, secures, and empowers every participant in a trade.

"The signing of this MoU is an important step for Distichain's ambition to continue the further development and expansion of its solution. We are especially pleased to be taking this step alongside our partner Verofax Asia, and impact the ASEAN trading industry with rapid digital transformation through our one-day marketplace activation approach," said Mr Haisam Jamal.

Captain Koh added, "This platform will instantly digitalize the entire export and import process in governmental, non-governmental enterprises as well as SMEs. It will generate low-cost opportunity to digitize processes, introduce trade finance and automate supply-chain across all industries, accelerating economic growth in Malaysia and the ASEAN region. Through this partnership agreement signed today, we will further develop our technologies to meet the ongoing digitalization of international trade. Verofax Asia will have a massive impact on the performances of exports and imports with rapid digitalization, all the while building a resilient digital infrastructure and foster innovation for the recently signed Regional Comprehensive Economic Participation (RCEP) Trade Agreement, which came into effect on 1st January 2022."

About Verofax:
Verofax utilizes patented technology incorporating Blockchain, Augmented Reality and Artificial Intelligence to provide 'Traceability as a Service', enabling brands to turn their offline products interactive, and manage their entire supply chain to trace goods, fend off counterfeit activities, and improve manufacturers' productivity. Brands can extend their reach directly to end-consumers, thereby increasing consumer intimacy with direct engagement, and leveraging the boom in NFTs and metaverse experiences. Visit: www.verofax.com, or Email: [email protected].

About Distichain:
Distichain delivers B2B marketplaces as a service (MAAS) to customers using blockchain and AI, digitizing global trade with end-to-end transactions through its ecosystem of supply-chain, verification, and trade finance providers. SMEs and enterprises alike benefit from automated transactions governed by the system to deliver door-to-door border agnostic trading, with on-platform trade compliance present rules. Using smart contracts, Distichain ensures the highest levels of data privacy, and by connecting to innovative solutions within Fintech and Supply Chain, it facilitates transactions backed by instant trade finance with zero email trading. Distichain's objectives are to simplify cross-border trading, secure end-to-end transactions, and empower decision-makers with real-time AI analytics. Visit: www.distichain.com, or Email: [email protected].

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAn MoU was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr.Haisam Jamal, CEO of Distichain. The event took place in the Address Hotel Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.

Seed Round Led by Audacious Ventures & i80 Group; Offers the First Managed B2B Checkout Platform with an Innovative, Modern BNPL (buy-now-pay-later) Model SAN FRANCISCO–(BUSINESS WIRE)–Vartana, a provider of managed checkout and BNPL options for businesses, today announces its launch with $57 million in seed funding. The new capital includes $7 million in equity led […]

The post Vartana Launches With $57 Million in Seed Funding to Be the “Affirm for B2B” appeared first on Fintech News.

MedX Health, in partnership with Medicure Clinic, launches DermSecure® Screening Platform Services in Mississauga, Ontario MISSISSAUGA, Ontario–(BUSINESS WIRE)–$MDX #SkinCancer—MedX Health Corp. (“MedX” or the “Company”) (TSXV: MDX), a global leader in teledermatology, and the Medicure Clinic (“Medicure” or the “Clinic”) are pleased to announce the launch of MedX Screening Services at Medicure, a physician-owned clinic […]

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Camardo to lead Company’s transition to a commercial-stage company CLEVELAND–(BUSINESS WIRE)–$ATHX #Athersys–Athersys, Inc. (Nasdaq: ATHX), an international, late-stage, regenerative medicine company, announced today the appointment of Daniel A. Camardo as the Company’s Chief Executive Officer, effective February 14, 2022. Mr. Camardo is a senior pharmaceutical and biotech executive with more than 25 years of commercial […]

The post Athersys Appoints Experienced Commercial Leader, Daniel A. Camardo, to Chief Executive Officer appeared first on Fintech News.

Known as the ‘King of NFTs’ and the world’s leading entertainment NFT network, Worldwide Asset eXchange (WAX) will be celebrating its major milestones with a record-breaking 10 million NFT drop to WAX blockchain accounts.

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