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Iowa House approves bill to legally recognize blockchain smart contracts

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The bill would give legal recognition to transfers and registrations made through blockchain smart contracts. On March 29, the Iowa House of Representatives passed a bill that seeks to legally recognize transactions and registrations made via blockchain smart contracts. The bill — SF541 — gained Senate approval earlier in the month. Under the auspices of the new bill, smart contracts would be given the same legal status as regular contracts, while distributed-ledger technology would be viewed as a reliable electronic store of record. Regarding smart contracts, the bill states: “The bill provides that a contract shall not be denied legal effect or enforceability solely because the contract is a smart contract or contains a smart contract provision.” The bill states that any registration of rights or ownership would not be invalidated by its broadcast on a blockchain network unless the transaction was related specifically to the transfer of the rights in question. “A person who, ...

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Ripple acquires stake in cross-border payments firm Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia. Ripple continues its push into the Asian market by acquiring a stake in a cross-border pa… http://twitter.com/Beegamesnetwork/status/1376827019426676737 Referenzcode:noxy203|referral code:noxy203|bee-miner.tk

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Nifty News: NFTs go carbon-negative, top banker calls NFT investors gamblers Nifty Gateway is aiming to become carbon negative while BNP Paribas' CEO likens NFT investing to casino gambling. The non-fungible token rush has seen every man and his Doge flock to the non-fungi… http://twitter.com/Beegamesnetwork/status/1376827004436234240 Referenzcode:noxy203|referral code:noxy203|bee-miner.tk

Ripple acquires stake in cross-border payments firm

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Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia. Ripple continues its push into the Asian market by acquiring a stake in a cross-border payments firm. According to a blog post , Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo, with the aim to expand RippleNet’s On-Demand Liquidity, or ODL, service that uses the  XRP cryptocurrency. The completion of this transaction is subject to regulatory approval, with investment firm TNG Fintech Group remaining the majority shareholder in Tranglo. The new acquisition is expected to significantly expand Ripple’s ODL corridors with Tranglo’s payments infrastructure. Founded in 2008, Tranglo is a cross-border payment processing hub supporting business payments, money transfers and mobile top-ups. The firm has offices in Malaysia, Indonesia, the United Arab Emirates and the United Kingdom. Asheesh Birla, general manager of Ripple...

Nifty News: NFTs go carbon-negative, top banker calls NFT investors gamblers

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Nifty Gateway is aiming to become carbon negative while BNP Paribas' CEO likens NFT investing to casino gambling. The non-fungible token rush has seen every man and his Doge flock to the non-fungible market to cash in on the recent craze for tokenized collectibles. Even celebrities one would presume to have little engagement with crypto assets have been rushing to cash in , with the likes of John Cleese, Tony Hawk, Lindsay Lohan and Ja Rule cobbling together NFTs of varying artistic merit in recent months. However, surging NFT adoption has led to public backlash over the perceived carbon footprint associated with crypto asset technologies. Nifty Gateway pledges to go carbon-negative NFT platform Nifty Gateway announced on March 29 that it has plans to become carbon-negative in the near future. In a post shared on the website of Nifty investor Gemini, the platform’s co-founders announced plans to calculate Nifty Gateway’s carbon emissions over time and purchase twice as ma...

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Cosmos launches Inter-Blockchain Communication to enable cross-chain DeFi Cosmos is now building a cross-chain DEX for IBC-enabled blockchains, dubbed Gravity The self-described “Internet of blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or… http://twitter.com/Beegamesnetwork/status/1376781702815694849 Referenzcode:noxy203|referral code:noxy203|bee-miner.tk

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Japanese bank Sumitomo Mitsui launches the country's first 'a-1' rated security token Sumitomo Mitsui has partnered with Securitize to launch Japan’s first security token that complies with the country’s Financial Instruments and Exchange Act. Japan-based bank Sumitomo Mit… http://twitter.com/Beegamesnetwork/status/1376781700622131203 Referenzcode:noxy203|referral code:noxy203|bee-miner.tk