Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.
The UDPN is an interoperability bridge between blockchains while applying battle-tested decentralized digital identity standards to participants, allowing transactions to happen in a bank-friendly and regulated environment.
The banks are running a series of test cases, including transferring and swapping USDC stablecoins, on the Universal Digital Payments Network , a permissioned blockchain system composed of validator nodes run by an alliance of banks, financial institutions and consultancies. “The UDPN is a network where the affiliation of members is permissioned. But the key thing here is that the transactions themselves are placed onto the underlying infrastructure, which includes permissionless networks,” Thorsten Neumann, CTO of SC Ventures, said in an interview.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Standard Chartered reports third-quarter profit slump on impairmentsStanChart, which earns most of its revenue in Asia, said statutory pretax profit for the third quarter of this year fell to $633 million.
Consulte Mais informação »
Standard Chartered 3Q Underlying Net Profit $644M Vs. $915M |2888.HKBy Sherry Qin Standard Chartered PLC's third-quarter underlying net profit dropped 30%, weighed by higher credit impairment and operating expenses. The...
Consulte Mais informação »
Standard Chartered shares slide 12% as China losses hit earningsStandard Chartered CFO Andy Halford said the bank was going to stick with China despite the country's economic woes.
Consulte Mais informação »
Standard Chartered shares slide 12% as China losses hit earningsStandard Chartered CFO Andy Halford said the bank was going to stick with China despite the country’s economic woes.
Consulte Mais informação »
Deutsche Bank net profit slides 8% in third quarter but beats expectationsDeutsche Bank reported a third-quarter net profit of 1.031 billion euros ($1.06 billion), slightly beating expectations.
Consulte Mais informação »