News Snapshot:
Asia Digital Bank partners Bianjie for blockchain-powered digital banking Asia Digital Bank (ADB) has partnered with blockchain tech provider Bianjie to build out the bank’s new digital infrastructure designed to bridge the gap between centralised and decentralised finance. ADB’s new system will be powered by Cosmos — an ecosystem of blockchains that can scale and interoperate with each other — which the bank says will allow customers to manage both centralised bank accounts as well as accounts on open distributed ledgers connected through the Cosmos network. ADB claims this blockchain-powered digital banking system will be more secure, cost-effective and transparent....