Type: Digital Currency
With the Kodelab HELOC (Home equity line of credit) solution, End-users can drawdown and repay any amount of CBDC/stablecoin up to a certain LTV (Loan To Value), at their discretion, simplifying and making more accessible the ‘revolving credit facility’, over the standard fixed-term loan. Credit-created funds can hugely increase the liquidity within any payments ecosystem. […]
Cross-border payments have long been a cumbersome process for businesses, plagued by complexity, exorbitant fees, and frustratingly slow transactions. The advent of cryptocurrencies, however, has ushered in a new era of financial innovation, and stablecoins, in particular, have emerged as a transformative force. Stablecoins, as a category of cryptocurrencies designed to maintain a stable value, […]
The primary objective of the PSC Pilot Project was to assess different use cases and proposed benefits brought by the PSC, in a controlled environment and during a determined period, where up to 200 volunteers from among the Palau government’s executive branch employees would making purchases at a select number of retailers onboarded in this […]
Goldman Sachs, a leading global investment banking and financial services firm, has successfully launched a digital asset platform using Daml, a smart contract language designed for building distributed ledger applications. This platform will enable the tokenization of many different assets using blockchain. The tokenization process involves creating a digital representation of various assets, ranging from […]
In 2020, The Board of the Bank of Lithuania approved the sample of the physical version of the digital collector coin – an original silver coin bearing a denomination of €19.18 to commemorate the year of the Act of Independence of Lithuania. LBCOIN is dedicated to this prominent Act and its 20 signatories. This was […]