Gavin Wood, the creator of Polkadot and Kusama, has published a tentative schedule for the much-anticipated Kusama parachain slot auctions. It has been reported that according to a blog post posted on Tuesday that the first parachain auction slot will open on June 15 at 12:00 PM Central European Summer Time. However, the tentative schedule, subject to the approval of the Kusama Council and other KSM stakeholders, will see the maiden parachain auction concluded by June 17, wit

Major bank HSBC has announced the successful enactment of a letter of credit (LC) on a blockchain in Malaysia. On October 14, it has been reported by Fintech News Malaysia, the English language local fintech news outlet that the development notes the transaction involved Simply Packaging, a packaging firm, importing resin from an unspecified Singaporean chemicals company. The issuing bank was HSBC Malaysia and the nominated bank was HSBC Singapore. As per the report, this is