Mettalex and S&P Global Platts Join Hands to Scale DeFi and Empower Commodity ...
Mettalex, a decentralized commodities derivatives exchange on Fetch.ai, is integrating industrial-grade price feeds in the DeFi ecosystem leading to higher blockchain efficiencies following their partnership with S&P Global Platts. Mettalex Empowers Commodity Traders Details on January 25 revealed that the deal would be advantageous to traders and businesses. Notably, Mettalex global traders would have access to unique commodities markets with a guarantee of smooth operations due to the use of premium and secure price feeds supplied by S&P 500 Platts. Meanwhile, businesses’ pain....
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Mettalex claims to be fully decentralized, meaning “no counterparty and no single point of control.” Mettalex, a spinoff project of Fetch.ai, announced Friday that it has officially launched a decentralized exchange for commodities trading, offering another compelling use case in how blockchain technology was disrupting traditional finance. The new exchange aims to disrupt the commodities market through blockchain applications and other emerging technologies, such as machine learning and IoT. Mettalex has been designed to improve upon existing automated market makers and blockchain....
The bill seeks to empower the CFTC to regulate bitcoin as a digital commodity while excluding securities from also falling under the same category.
Strong fundamentals, high-profile partnerships and a pivot toward DeFi back FET's rally to a multi-year high. Artificial intelligence and machine learning are changing the face of commerce, computing and other technologies on a daily basis.In its most basic form, the information gathered by artificial intelligence is really just data that can be used to make interpretations and blockchains are built for the storage and transmission of data. Fetch.ai (FET) is a “Cambridge-based artificial intelligence lab” that has the goal of using distributed ledger technology to build a decentralized....
9th October 2020, Zug, Switzerland – The non-profit Corion Foundation is pleased to announce a new partnership with the Syscoin Foundation. The foundation partnership is the result of a shared vision to make global access to swift, safe low-cost Open Finance solutions a reality. The foundations of Corion and Syscoin will coordinate campaigns to educate and spread awareness using AMAs, Webinars, Training Sessions, Seminars, Working Groups, and all other means. They will also work together on marketing and certain business development initiatives. CorionX is hosting the third and final....
Thomson Reuters has been added to the bank-backed R3 blockchain consortium which has been working to design and deliver advanced distributed ledger technologies DLTs to the global financial markets. Thomson Reuters is the first major data and technology provider to join the group of more than 55 banks and other financial institutions. The data company runs currency trading platforms FXall and Thomson Reuters Matching. The total average daily volume of foreign exchange trading across the two platforms totaled $394 billion in June. Exploring the Blockchain in Trade Finance. Thomson Reuters....