November 4

“The platform allows businesses to choose from a growing set of token-building templates that conform to the Token Taxonomy Initiative (TTI) – a standards push and enterprise consortium. The Azure Blockchain Tokens platform is being released alongside a host of example tokens.

The TTI has already gone further than other enterprise plays in getting different and competing blockchain factions – from IBM to R3 to ethereum variants – under one roof.

We are creating a platform in the cloud where any token within the TTI framework can snap into place. So you can build applications where you want to use tokens with, for example, Dynamics, SAP, applications in the [Microsoft] Office suite or some other business automation process.”

See Also: Global Leaders Unite to Unveil Comprehensive Framework for Tokenization

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“Automated exit for inactive members is the primary feature for every SwiftDao. Members who vote less than 4 times in the last 6 months are required to sell their tokens in the monthly auction.

In the words of the SEC, ‘If every member in an investment club actively helps decide what investments to make, the membership interests in the club would probably not be considered securities.Simply, all members must be actively engaged in the management of the firm.

Automated exit solves [multiple] problems holding back Daos:

  1. Securities regulation,
  2. Fraud from the principal-agent problem,
  3. Prevents Vote Buying, and
  4. Forms a Community.”

“After the 2018 crypto crash, up to 90 percent of blockchain-focused VCs left the market. Now, as China’s central government pushes for greater blockchain adoption, some are returning. 

We are excited about the companies in China, especially in crypto trading platforms, infrastructure, and defi [decentralized finance] space.

After the baptism by fire of the last market cycle, Chinese blockchain venture firms are maturing and evolving to find more sustainable paths, investors say. Valuations are becoming more reasonable and speculative players have left the market. At the same time, VCs firms are diversifying away from equity plays in startups towards areas such as secondary trading and bitcoin mining.

“The costs of providing the required level of security, support and technology is not economically feasible on our own. In the event a merger or sell is not completed in a timely matter then the exchange may not resume operations and take appropriate action.

DX.Exchange had offered trading of tokenized stocks in major tech firms that included Amazon, Baidu, Apple, Facebook, Google, Intel, Microsoft, Netflix, Nvidia and Tesla. These products required investors to undergo an additional layer of KYC checks, in compliance with the European Union Markets in Financial Instruments Directive II.”

“FATF published its draft guidance on digital identity Thursday, for governments, regulated entities and other stakeholders to enforce anti-money laundering (AML) and counter financing terrorism (CFT) regulations.

Notably, the guidance specifically lists distributed ledger technology (DLT) as a tool that can aid in the growth of digital ID networks. The organization stressed the importance of digital identity in payment systems, which could be used to identify stakeholders in stablecoin-related transactions.”

“Monday is the deadline for an XRP holder to file a response to Ripple’s motion to dismiss his suit against the company. Ripple’s statement that XRP is not a security because it is a currency may not necessarily hold up. ‘Just because it’s one thing doesn’t mean it can’t be another.

While Ripple presented a strong defense, the case is likely nowhere near complete, and the company will remain at risk of further lawsuits.

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“The introduction of bech32 addresses shows its commitment to speeding up the adoption of SegWit. According to statistics, the percentage of SegWit transactions has hit an all-time high of 57.7% on Oct. 8.

Bitfinex also hinted at adding support of the Lightning Network (LN) soon.”

This Startup’s Upgrade Code Can Be Used by Any Bitcoin-Based Blockchain

“Nexus announced Monday what it called its seventh “activation” – a protocol upgrade that brings smart-contract functionality to the Nexus blockchain, which launched as a fork of the original bitcoin protocol in 2014.

If all goes well, other blockchains can feel free to follow suit by borrowing the code. ‘All the bitcoin forks could essentially upgrade and potentially utilize it.'”