Suhail Ahmad, MBA

Tech Investor and Advisor.

ethereum

Ethereum could become the first public blockchain on Hyperledger

By SuhailPosted on Posted in FintechTagged ,

Ethereum could become the first public blockchain on Hyperledger – if the open-source consortium’s technical steering committee approves a proposal to adopt the ConsenSys-backed Pantheon project.

Pantheon is a suite of ethereum-based services built by PegaSys, a 50-strong engineering team at ConsenSys. The Pantheon ethereum client, built on Java, is used to develop enterprise applications with features like privacy and permissioning.

The proposal was sent out in a Hyperledger mailing list email on Aug. 8, and if it is accepted, Pantheon will be renamed Hyperledger Besu (a Japanese term for base or foundation).

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World Bank Sells $33.8 Million More of Its Private Ethereum Blockchain Bonds

By SuhailPosted on Posted in FintechTagged , ,

The World Bank has issued a second round of its landmark blockchain bonds.

The international financial institution raised another $50 million AUD ($33.8 million U.S.) by selling the “blockchain-operated debt instrument” (bond-i), according to Commonwealth Bank of Australia (CommBank), which managed the sale jointly with RBC Capital Markets and TD Securities.

Both new and existing investors participated, CommBank said.

All told, the World Bank has issued $160 million AUD ($108 million U.S.) of these bonds, which run on a private version of the ethereum blockchain. It is “the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger technology,” according to CommBank.

“We are happy to see the continued, strong support and collaboration from investors and partners,” Andrea Dore, the World Bank’s head of funding, said in a press release. “The World Bank’s innovation and experience in the capital markets is key to working with our member countries to increase digitization to boost productivity in their economies and accelerate progress towards the Sustainable Development Goals.”

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E9: Ethereum going to $90?

By SuhailPosted on Posted in PodcastTagged

 

Ethereum going to $90?

Ethereum or ether prices fell as much as 30% over the past week touching a low of $258 per ether from a high of $1,400 at the beginning of the year. What is ethereum and where are prices headed? Not investment or financial advice.