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ADIB-Egypt announces 1 billion EGP digital transformation plan

CIO

From the launch of its mobile banking app in 2020 to the enhancement of its internet banking services, ADIB-Egypt has consistently focused on providing convenient, secure, and user-friendly digital banking solutions. In recent years, ADIB-Egypt has already made substantial strides in integrating technology into its operations.

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Blockchain: Distributed Shared Ledger Technology in Banking

Hacker Earth Developers Blog

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. Since its inception ten years ago, there has been plenty of hype around blockchain. An overview of Blockchain in Business Process Management (BPM).

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Digital securities platform iSTOX closes $50 million Series A to make private equity accessible to more investors

TechCrunch

Other participants included Juroku Bank and Mobile Internet Capital, along with returning investors Singapore Exchange, Tokai Tokyo Financial Holdings and Hanwha Asset Management. Singapore’s government launches blockchain innovation program with $8.9 million in funding.

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TechCrunch+ roundup: Allocating equity, unicorn traffic jam, blockchain gaming survey

TechCrunch

Unicorn exits augur poorly as Justworks delays IPO, citing ‘market conditions’ Blockchain gaming survey: 7 investors discuss regulation, opportunities and NFT hype. Blockchain gaming survey: 7 investors discuss regulation, opportunities and NFT hype. Despite blockchain gaming’s play-to-earn angle, I prefer to pay.

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Web3 mobile wallet startup Rainbow raises $18M Series A from Alexis Ohanian’s fund

TechCrunch

While a world of internet users skeptically grapples with the rise of multi-million dollar JPGs and crypto exchanges bankrolling celebrity-packed Super Bowl spots, a network of blockchain startups are trying to build friendlier onramps for those consumers into their vision of the crypto internet.

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Blockchain breakthroughs: A tech revolution told in whitepapers

CIO

Blockchain is one of the great blindsides in the history of technology. Major trends around cloud technology, virtualization, and mobile you could see coming, but a novel distributed computing model based on public key cryptography? The basic idea of leveraging blockchain to build Turing machines was introduced there.

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Cryptocurrency company Circle to go public in SPAC deal

TechCrunch

Circle became a sort of Venmo clone with some blockchain technology under the hood. And one that makes money work the way the Internet works,” Circle co-founder and CEO Jeremy Allaire told TechCrunch’s Natasha Lomas in 2016. It also launched Circle Invest, a really simple mobile app that let you buy and sell a handful of crypto assets.

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