BAXE partners with IDEMIA and Haventec to launch the world’s first DeFi ecosystem secured by facial authentication
BAXE, IDEMIA and Haventec partner to launch the first decentralised blockchain ecosystem using a facial authentication solution for identity verification.
Blockchain in race to remake one of the world’s oldest markets
The blockchain revolution is gunning for the gold market. Public online ledgers that emerged from the explosive markets for bitcoin, a virtual currency, already have drawn the attention of businesses from banks to retailers who see blockchain systems as a revolutionary way to verify and record transactions. Now, companies including exchange owner CME Group, IEX Group spinoff TradeWind Markets and financial technology firm Paxos are rolling out similar platforms to bring gold into the digital age. About $US27 billion ($34.1 billion) of gold changes hands every day in over-the-counter markets where settlements can sometimes takes days, leaving price risk for buyers and sellers. Using blockchain promises more transparency, security and […]
