LedgerSwarm

🔴 Live Reporting: It’s a wrap……and what a couple of days it has been! Along with Jana Mackintosh and the judges we are thrilled to announce the winners of the Regulated Liability Network (#RLN) hackathon hosted in collaboration with UK Finance at our #EYFinTechLab. The innovation, creativity, energy and collaboration displayed by all participants was truly inspiring. So many great ideas coming from the teams: 1. Giving money purpose, ensuring earmarked money is used for the allocated purpose, such as green energy projects 2. Using the RLN to reduce the steps in a payments flow, which opens the door for previously unlockable value 3. Driving flexibility whilst delivering usability by giving users the ability to lock and unlock money when key milestones are met The fabulous judges were tasked with the difficult job of selecting their favourite ideas, but we’re delighted to announce: 🏆 1st Place: Kaleido - A groundbreaking solution delivering interoperability between assets and regulated liabilities, using RLN programmable assets for trading tokenized bonds on Ethereum Virtual Machine (EVM) networks 🥈 2nd Place: Commerzbank AG - Secure locking and unlocking of funds as milestones are hit, generating predictable cash flow management and operational efficiencies for commercial bank payments 🥉 3rd Place: SETL - With their very practical location-based payments, their solution would smooth processes in car parking payments and tolls 🌟 Notable Mention: Millicent Labs - Targeting the use of RLN to drive interoperability with public blockchains A huge thank you to all the participants and mentors who made this event such a success. We look forward to seeing the continued impact of these innovative solutions on the future of digital assets and payment innovation. Stay tuned for more updates and congratulations to all the winners! A special thanks to the six judges who has the unenviable task in making the decision to select the winners Jana Mackintosh, Peter Left, Tony McLaughlin, Jonathan Donovan, Lee Braine, Peter C. and Dan Moore #FinTech #UKRLNhackathon #EYFinTechLab

We are excited to announce our launch onto Temenos Exchange. LedgerSwarm's orchestration tool enables tokenized deposits and smart contracts for Temenos users. It can be used for internal settlements between entities, to cross-border and cross-currency transactions offering a secure and compliant solution. Our product creates a settlement path between the payer and the beneficiary, and manages the execution of the settlement from beginning to end, maintaining an immutable global transaction order to ensure that Nostro balances never get out of line. Ledgers are Local. Settlement is Global. Visit the Temenos Exchange platform to learn more. https://lnkd.in/eapaPRaw

The Digital Pound Foundation (DPF) is pleased to announce the appointment of two new Directors to its Board. Thomas Hawkins, who will represent Accenture, and Lee Schneider, an Originating Member of the Digital Pound Foundation, both join the Board with immediate effect. Thomas Hawkins is EMEA Lead for Digital Assets, Digital Currencies and Tokenisation at Accenture. Lee A. Schneider is a financial services and technology lawyer. Lee currently serves as General Counsel for Ava Labs, a blockchain software company, and also co-founded the education platform, Owl Explains by Ava Labs 🔺. Claire Conby, Executive Director, Digital Pound Foundation commented: “We are delighted to have two new Board members of such high calibre joining the DPF Board. We would also like to extend our thanks to Jannah Patchay and Andrew Whitworth, PhD (Ripple) as they step down from the Board. We are grateful to them both for their enormous contributions to the growth of the DPF”. The DPF has recently announced a number of new members including the addition of SETL and Chavanette Advisors to its membership community and strategic partnerships with Global Counsel and the UK Centre for Blockchain Technologies. On 23rd October the Foundation is also launching its inaugural annual conference - The Digital Money Event - as the destination annual UK event for discussing the implementation of a digital Pound and the broader impact of new forms of digital money on our economy and society. Interested in becoming a member of the Digital Pound Foundation? If you would like to learn more about DPF membership, and its many benefits and opportunities, please head over to our membership page (https://buff.ly/4bYU6IS), or reach out to Michelle Brook, Membership and Community Lead, directly via email: membership@digitalpoundfoundation.com ... #Announcement #UK #DigitalPound #DigitalMoney #DigitalCurrencies #DigitalAssets #Tokenization #AvaLabs #Avalanche #AVAX #Blockchain #DLT #Accenture

In today’s fast-paced financial world, seamless, secure, and real-time settlement is more crucial than ever. With LedgerSwarm, harness the power of ledger orchestration to your existing banking and custody systems, without the need for a complete overhaul! Say goodbye to reconciliation errors and high operational costs. Experience the future of financial settlement with LedgerSwarm by SETL. Simplify, secure, and scale your operations today.

Colendi Menkul Değerler Genel Müdürü Tuna Çetinkaya, 13.30’da Bloomberg HT'te Reyhan Baysan'ın sunduğu Sürdürülebilir Gelecek programının konuğu olacak.

The central bank of the #Philippines is advancing towards the issuance of its own central bank digital currency (#CBDC), codenamed #ProjectAgila, sooner than initially anticipated. The proof-of-concept phase is expected to conclude by the end of this year, setting the stage for an earlier launch during the term of #BSP Governor Eli M. Remolona Jr., which runs from 2023 to 2029. Reports suggest that the launch could occur early in the Governor’s tenure. Read more 👉 https://buff.ly/3WiVqPB ... #Asia #DigitalCurrency #DigitalPeso #FinTech #Payments #Banking

Great evening with the Digital Pound Foundation discussing privacy, identity and the CBDC. Best quote of the evening 'Privacy is about being to choose what information you give up for the service you require'. #DigitalPoundFoundation #CBDC #DigitalIdentity

NEW MEMBER 🥳 We are very pleased to announce the addition of SETL to the Digital Pound Foundation’s membership community. They join the Foundation as an Associate Member and will participate in, among other activities, the Use Case Working Group and Policy, Legal and Regulatory Working Group. #SETL is an enterprise #DLT firm which is part of the Colendi Group. Established in 2016, SETL provides DLT enabled infrastructure and integration services for #banks and capital markets firms. SETL provides an #interoperability framework, #LedgerSwarm, that connects to both traditional and DLT ledgers and manages the synchronisation between ledgers to achieve transfers of traditional and #tokenized assets and cash. In December 2021, SETL demonstrated an #RLN technology processing 1 million transactions per second hosted on #AWS infrastructure. Anthony Culligan, CEO of SETL, commented: “SETL are delighted to join the Digital Pound Foundation. SETL’s LedgerSwarm product is borne out of its extensive work on the Regulated Liabilities Network and its passion to enable a truly digital financial infrastructure. This aligns with the goals of the DPF by providing an ecosystem that can support the many forms of digital money and asset #tokenization, while offering interoperability across platforms. SETL are looking forward to working closely with the DPF and their members.” Michelle Brook, Membership and Community Manager, Digital Pound Foundation added: “Interoperability is such a key part of the conversation related to #CBDCs and other new forms of #digitalmoney. We are delighted to welcome SETL to join the DPF, as they bring such a wealth of experience on this, and other areas of focus for us." ... #DigitalPound #CBDC #Stablecoin #FinTech #TradFi #Finance #Blockchain

Do you use APIs in your profession? Right now there is an exceptional amount of attention on them in the world of CBDC. From Project Rosalind to the newest Digital Shekel challenge just issued by the Bank of Israel, programmers all over the world are invited and encouraged to create using the help of APIs. Here at LedgerSwarm, we know importance of having well defined APIs for development and the importance of developing against defined APIs. We also see examples of what happens if you don't work with defined API. Here to explain in another fantastic video, for his debut, we have our very own Senior Web Developer, Stephen Strudwick, to help us explain it all and more. Awesome job, Stephen! #CBDC #API

We just wanted to give a shout out to Nicholas Pennington, Ray Milner, Paul Martin, Jason Lau, and Anthony Culligan for really being able to travel to meet-ups, conventions, make great videos, and do other awesome events that promote visibility. How incredibly lucky and thankful are we for the amazing dedication and effort shown by y'all! Your hard work, enthusiasm, and commitment truly shine through in every interaction and presentation you make. Each convention, each video is a significant opportunity to showcase our innovations, connect with industry leaders, and foster new partnerships. Thanks to our incredible team's dedication, we consistently make a powerful impact. We (at SETL/LedgerSwarm) are so deeply proud of what we've achieved together and excited about the potential that lies ahead. Looking forward to more events in the future where we can continue to learn, grow, and make a mark in our industry. Thank you for your unwavering commitment and for being such inspiring ambassadors for our company. Here's to many more successful conventions and new ways to connect with people through our ever-changing media platforms ahead! 🚀✨