Robinhood’s (NASDAQ:HOOD) proposed blockchain for trading of tokenized assets and cryptocurrencies is live on testnet.
Cryptocurrency has shifted in the years since from a niche interest for tech enthusiasts to a widely discussed asset class.
The launch of “Robinhood Chain” coincides with a broader push by the company to embrace tokenization of a wide variety of assets.
Robinhood launches Robinhood Chain testnet on Arbitrum, enabling tokenized real world assets, and developer focused blockchain infrastructure.
The Robinhood Chain, built on Ethereum-based Arbitrum, aims to become key plumbing for around-the-clock trading and plugging tokenized stocks into DeFi.
The number of websites that use blockchain technology is growing in perfect agreement with the technology's popularity. Testing a blockchain-based website, on the other hand, may vary from testing a ...
Blockchain provides a permanent, verifiable record of transactions, aiding in detecting tampering or unauthorized access. Logs stored on the blockchain are transparent and resistant to alteration. All ...
BNP Paribas (ENXTPA:BNP) has run a pilot issuing tokenized share classes of a French money market fund on the Ethereum public blockchain, testing how blockchain fits within tightly regulated fund ...
BNP Paribas Asset Management issued tokenized share class of an existing money market fund, registering the assets on blockchain infrastructure.
Figure says blockchain technology will slash transaction costs and prove to be a cheaper way to show ownership of assets.
Blockchain is not a medical device. It does not do that; instead, it helps keep and organize information. It might make it easier and safer to do things like keep track of records, pay bills, and ...