BNP Paribas and Curv have successfully developed and completed a PoC proof of concept, enabling the transfer of value via ERC-1400 tokens. This and more news is in this handy daily digest so you're always up to date with the latest developments in the crypto world.
📍 One of the leading European banks, BNP Paribas y Curv, a company that provides cloud-based institutional integrated custody and cryptographic security solutions, they completed successfully completed a Proof of Concept (PoC) demonstrating the high feasibility and reliability of transferring value tokens within a blockchainThe proof of concept was realized using Curv's multi-party computation (MPC) mechanism, which allowed value to be transferred in ERC-1400 tokens of Ethereum quickly, safely and transparently. MPC is a mechanism that eliminates the concept of private key to ensure security in transfers, eliminating the point of failure when signing transactions.
📍 Own, a real estate company that uses blockchain technology to digitize real estate transactions, raised a total of $1,2 million during a funding round. The company also raised $XNUMX million in funding. notified The Securities and Exchange Commission (SEC) has not yet received a total of $500 to raise a total of $1,7 million. Among the investors who participated in this round of financing are the National Association of Realtors (NAR) of the United States and investors Tim Draper y Michael Arrington.
📍 Brian Brooks, the Comptroller of the Currency, stated that the development of new technological innovations within crypto spaces and ecosystems will be in the hands of the community and not the government or regulators. Brooks made these statements during the Blockchain Summit LA held virtually.
According to him, technological transformation is a process that advances slowly but decisively, as happened with the Internet in its beginnings, where the government will be in charge of establishing regulations against money laundering and other financial crimes, while the community will be the protagonist in the construction of new technological infrastructures and the development of token usage and other digital assets. The Comptroller of the Currency also noted that as technological developments advance, the government may not play as large a role in these spaces as it does today.
«Central authorities may not play as big a role as they do today»
📍 At the United States Department of the Treasury, Justin Muzinich, Undersecretary of the Treasury, said during a conference virtual that the entity is studying the creation of a central bank digital currency (CBDB) pegged to the dollar. According to Muzinich, the national government should take an interest in and embrace the new technologies in development, as “there are clearly efficiency benefits and cost benefits to using a distributed ledger,” the official said. Although there are still many questions regarding the viability and security of issuing a CBDC for the dollar, the Treasury Department seems to be recognizing the potential and efficiency that new distributed technologies encompass.
📍 On the Ethereum blog, the co-founder of this blockchain, Vitalik Buterin, presented a Roadmap looking to scale Ethereum ahead of the launch of the long-awaited upgrade > o Ethereum 2.0The introduction is due to the need for immediate scalability that ETH currently has, which currently processes about 15 transactions per second (TPS).
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