Monday, January 6, 2020

#CryptoCorner: Signature Bank (Nasdaq: $SBNY) Partners with Prime Trust for Institutional #Blockchain Solution, IBM (NYSE: $IBM) Announces Blockchain-Powered “Thank My Farmer” App at CES


#CryptoCorner: Signature Bank (Nasdaq: $SBNY) Partners with Prime Trust for Institutional #Blockchain Solution, IBM (NYSE: $IBM) Announces Blockchain-Powered “Thank My Farmer” App at CES

South Korean Presidential Commission Pushes #Crypto



Point Roberts, WA, Delta BC January 6, 2020 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:  




Stocks discussed: (NasdaqGS:SBNY) (NYSE:IBM)

New York-based commercial bank Signature Bank (NasdaqGS:SBNY) and tech-driven financial institution Prime Trust have partnered to provide “real-time payment and settlement services” to institutional clients. According to the press release, the companies will pursue this through Prime Trust’s Prime Settlement Network, described as “one of the most advanced multi-asset counterparty settlement platforms in the world”, leveraging Signature Bank’s Signet platform, described as “a revolutionary blockchain-based digital payments platform.” Whitney White, Prime Trust’s Chief Operating Officer, Chief Technology Officer and Executive Trust Officer, commented:

“Forging a client relationship with Signature Bank and capitalizing on the advantages of Signet will prove valuable to our company and clients. Signature Bank has established a proven track record in the blockchain payment space and is now recognized for the outstanding services it brings to digital asset traders and exchanges. We look forward to creating new efficiencies for our clients in conjunction with Signature Bank and the Signet team.”

IBM (NYSE:IBM) announced a new consumer mobile application called "Thank My Farmer” at the 2020 CES (Consumer Electronics Show) that leverages blockchain “to help increase traceability, efficiency and fairness in the coffee supply chain.” The app enables consumers to trace their coffee to its farm of origin and “presents sustainability projects in coffee communities and an opportunity for consumers to support them.” Raj Rao, General Manager, IBM Food Trust, said:

"This project is another example of how blockchain technology can enable a channel for real change. Blockchain is more than aspirational business tech, it is used today to transform how people can build trust in the goods they consume. For business, it can drive greater transparency and efficiency."

Business Korea reports that South Korea’s 4th Industrial Revolution Presidential Commission is pushing for the government to allow financial institutions to launch cryptocurrency-related products. Among the Commission’s suggestions were the listing of Bitcoin directly on the country’s stock exchange, launching Bitcoin (BTC) derivatives, and introducing business licenses or guidelines for crypto-asset exchanges. A statement from the Commission reads:

"Participants in the traditional capital market such as securities firms and banks should develop and introduce domestic custody solutions to handle crypto assets so that the Korean crypto-asset custody market will not depend on foreign countries. The Korean government has to gradually allow institutional investors to deal in crypto assets and promote over the counter (OTC) desks dedicated to institutional investors’ trade."

Sam Mowers, Investorideas 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .


The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Follow us on Twitter https://twitter.com/Investorideas
Download our Mobile App for iPhone and Android  

Contact Investorideas.com
800-665-0411



Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 



No comments:

Post a Comment

Investorideas.com - Governing the Coin: World Economic Forum Announces Global Consortium for Digital Currency Governance

Investorideas.com - Governing the Coin: World Economic Forum Announces Global Consortium for Digital Currency Governance www.investorideas...