Testnet is the early version of EON, flexible new generation blockchain created by Exscudo. On January, 25 EON testnet will be updated, and new features will be introduced, including the colored coins functionality.

What are these colored coins?

Colored coins are tokens that are marked to represent another assets. They do not have their own real value. In Exscudo ecosystem colored coins are needed to create equivalents of existing crypto or fiat currencies and assets. This way users can work with different currencies with the same rules.

Without a doubt, 2017 has been another momentous year for payments. In the UK, we’ve seen bitcoin soar to record values, and we’ve celebrated two significant birthdays: firstly, our beloved contactless cards turned 10 and secondly, we rejoiced 50 years of using ATMs. Most people can barely remember, or have never known, not having ATMs, or even contactless cards, and it’s a good reminder of how much consumer behaviours have moved on in the payments sector over the decades. 

B-Hive, the collaborative innovation fintech platform that brings together banks, insurers and market infrastructure players to work on common innovation challenges and build bridges to the startup and scale-up community, today announces its plans for the upcoming year to its community, as well as reflecting on its productive first year. The B-Hive community celebrated said achievements together on Monday evening at B-Hive’s Official Kick-Off event.

Broadridge Financial Solutions, Inc. today announced the creation of Broadridge International, appointing Tom Carey to head Broadridge’s International efforts, responsible for leading the company’s rapidly expanding efforts and presence in the EMEA and Asia Pacific regions across all business lines. Carey has also been appointed to serve on Broadridge’s Executive Committee.

Econocom UK, a leading provider of digital transformation solutions, has announced the release of Mini BOS: a new version of its popular BOS (Business Optimisation Services) subscription service for mobile devices. Once again developed in conjunction with JTRS — a fully accredited Apple, Google and LEGO® education partner who joined the Econocom Group in 2017 — Mini BOS is another welcome addition to Econocom’s range of end-to-end digital services and solutions.

PPRO Group, the cross-border e-payment specialists, have become a direct acquirer for Bancontact, the leading Belgian electronic payment scheme. The relationship will provide merchant aggregators worldwide with an efficient method to allow their merchants accepting payments from a potential 15 million Bancontact card users, across online and mobile platforms, thus boosting cross-border sales out of Belgium. 

Finastra, a Vista Equity Partners portfolio company, today announced the establishment of its Future of Banking Center of Excellence at Cyberport in Hong Kong. This strategic move is part of the worldwide program at Finastra to continue to build its innovation ecosystem and collaborate with strategic partners around the globe. Robert F. Smith, Founder, Chairman and CEO of Vista Equity Partners, joined the team in Hong Kong for the announcement.

Houlihan Lokey, Inc., the global investment bank, today announced that it has agreed to acquire Quayle Munro Limited (Quayle Munro), an independent advisory firm that provides corporate finance advisory services to companies underpinned by data & analytics, content, software, and services. The agreement was signed on January 15 and is expected to close following regulatory approvals.

SWIFT and seven central securities depositories (CSDs) have signed a Memorandum of Understanding (MOU) to work together to demonstrate how distributed ledger technology could be implemented in post-trade scenarios, such as corporate actions processing, including voting and proxy-voting.  The group will investigate the types of new products that can be built using it, and how existing standards such as ISO 20022 can support it.