Blue Star Capital Share Discussion Threads

[smithie6] 03/11/2022 19:47

what is the link between JPM & Satoshipay ?

[doodlebug4] 03/11/2022 17:43

BLU - LSE chat board strangely quiet today.Usually quite a few posts each day from both bullish & bearish views, but the usual posters seem to have missed a trick with this JPMorgan news in relation to Satoshipay's progress regarding defi.:-) Viera & Theeduke - are you asleep?!

[888icb] 03/11/2022 11:27

I think I remember some time ago Tony Fabrizi expressing the view that Satoshipay would be acquired by a large player who wanted to get into DeFi. I wonder if he has given JP Morgan a call this morning!

[doodlebug4] 03/11/2022 10:54

Torsten Stüber
@torstenmove
·
23h
Our
@amplitude_chain
rollout is almost complete. We just activated XCM and can move $KSM between
@kusamanetwork
and Amplitude. 🤟

[hazl] 03/11/2022 09:21

Hey....great.

[doodlebug4] 03/11/2022 08:59

Pendulum (Hiring!)
@pendulum_chain
💥Breaking news:

J.P Morgan just traded tokenized SGD for JPY using a modified version of
@AaveAave
on
@0xPolygon
!

Welcome to the winning team!

Just the start of #TradFi using fiat on #DeFi 😉

[professor liar] 03/11/2022 07:45

CRYPTO Breaking: JP Morgan executes first DeFi trade on public blockchain
Crypto Breaking News
(CRYPTO Breaking)
Multinational banking firm JP Morgan has successfully executed its first ever cross-border transaction using decentralized finance (DeFi) on a public blockchain.
The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2 — which was established as part of a pilot program to “explore potential decentralized finance (DeFi) applications in wholesale funding markets.”
In other words, the pilot was another step into examining how traditional financial institutions can use tokenized assets and DeFi protocols to conduct financial transactions, among other use cases.
Singapore’s largest bank — DBS Bank, Tokyo-based banking firm SBI Digital Asset Holdings and business leadership platform Oliver Wyman Forum also took part in the pilot program.
The trade was executed on Ethereum layer-2 network Polygon, using a modified version of AAVE protocol’s smart contract code.
MAS said that a “live cross-currency transaction” was conducted, involving tokenized Singaporean Dollar and Japanese Yen deposits, along with a simulated exercise of buying and selling of tokenized government bonds.
Tyrone Lobban, Head of Blockchain Launch and Onyx Digital Assets at JP Morgan’;s Onyx business unit shared the news on Twitter on Nov. 2, noting the tokenized SGD deposits were the first issuance of tokenized deposits by a bank.
WORLD! J.P. Morgan has executed its 1st *LIVE* trade on public blockchain using DeFi, Tokenized Deposits & Verifiable Credentials, part of @MAS_sg ;Project Guardian [...] world 1sts here, & since this is public here’s a transparenton what we did:
— Ty Lobban (@TyLobban) November 2, 2022
MAS Chief FinTech Officer Sopnendu Mohanty said it was a “big step” towards more efficient financial networks, and the latest pilot has helped develop the country’s digital asset strategy, commenting:
“The live pilots led by industry participants demonstrate that with the appropriate guardrails in place, digital assets and decentralized finance have the potential to transform capital markets.”
Umar Farooq, the CEO of “Onyx by JP Morgan”; — a business unit within the asset management firm that focuses on blockchain technology — told Bloomberg on Nov. 2 that JP Morgan’;s on-chain transaction “was the first time that a major bank, possibly any bank, had tokenized deposits on a public blockchain.”
DeFi lending protocol AAVE also commented on the new pilot, adding that the DeFi trade is a “huge milestone” for the industry as it “represents a massive step towards bridging traditional financial assets into DeFi.”
Project Guardian was first officially launched in May. 2022, which came about a month after a partnership was made between JP ;Morgan and DBS to build a new blockchain interbank platform to complement the work of central bank digital currencies (CBDCs).
Related: Security tokenization may be the next big use case for blockchain tech
The milestone comes as many of the largest financial players have predicted big things to come for blockchain-based tokenization of real world assets.
Boston Consulting Group estimated the total size of tokenized illiquid assets will reach $16.1 trillion by 2030 in a Sept. 2022 report.
While Cynthia Wu, COO of digital asset service platform Matrixport recently told Cointelegraph that “almost everything could be tokenized in 5-10 years” and that nonfungible tokens (NFTs) could be the instrument used to represent off-chain assets like real estate deeds, equities and bonds.
Source: Cointelegraph.com
CryptoBreaking.com | All rights reserved Provided by SyndiGate Media Inc. (Syndigate.info). -0- Nov/03/2022 02:27 GMT

[hazl] 01/11/2022 14:28

BLU is blue and blew many stocks's rises.

[ftangftang] 01/11/2022 10:32

TA from 6.44 minutes
First target 0.27p

[888icb] 01/11/2022 10:19

Another good day Up 9.5% and above 0.2 on volume of 50 million after 2 hours trading.

[tradeforce] 01/11/2022 09:19

Some quite chunky sells this morning, but met with plenty of buying(me included), any sniff of news here and I think we will fly.

[hazl] 01/11/2022 09:19

Happy month people!

[hazl] 31/10/2022 13:17

Bitcoin up now,too,which it wasn't earlier.

IMO

[hazl] 31/10/2022 13:17

Not too bad Doodle ....sorry to hear about your fractures.

I had a frozen shoulder some time back which seemed as though it was exacerbated by the computer use.

[888icb] 31/10/2022 12:03

4 million Buy at 0.19 is the largest trade of the day as the volume passes 62 million. Good start to the week.

[johnnnie2000] 31/10/2022 11:58

Huge buy went through

[doodlebug4] 31/10/2022 10:24

News release from Pioneer Media.

[doodlebug4] 31/10/2022 09:59

Still here hazl, thank you. Still typing with my left hand - distal radius fractures take a long time to heal.:-) How are you?

[hazl] 31/10/2022 09:20

Perhaps they are so busy with al l the deals doodle.

How are you ?

[doodlebug4] 31/10/2022 08:48

This news should surely be flagged up on Blue Star's Twitter account - as should the previous news from Dynasty about the contract with Pioneer Media.