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  Launches Hallmarking 2.0 with digital product passports   PureJewels announced the UK launch of its Lotus Collection with Digital Product Passports (DPPs), becoming the first luxury jeweller to pilot the inclusion of Hallmarking 2.0, a pioneering initiative offered by the Edinburgh Assay Office and powered by Everledger’s blockchain technology.    For the first time in the UK jewellery sector, every piece in the Lotus Collection is accompanied by a Digital Product Passport linked to the product at the hallmarking stage.    This secure digital record provides verified details on hallmarking, provenance and supply journey. Sometimes described as a “digital jewellery passport,” it extends the centuries old trust of hallmarking into the digital era, giving customers greater confidence in authenticity, responsibility and traceability. The Lotus Collection was chosen to launch the initiative because of its powerful symbolism. Available in 18 carat y...

Over 75 banks have signed up to be part of JP Morgan of IIN J.P. Morgan announced the expansion of its Interbank Information Network (IIN), the first live blockchain service offered by the firm. More than 75 banks have signed up to be part of IIN, the largest number of banks to join a live application of blockchain technology. “We’ve been actively exploring how emerging technologies such as blockchain, AI, and an enhanced digital experience can be deployed in our Treasury Services business to better serve our clients’ ever changing needs,” said Takis Georgakopoulos, Global Head of Treasury Services. “We will lead the market with the rollout of a robust pipeline of innovations over the coming months, beginning with the launch of IIN.” IIN, launched as a pilot in 2017, minimizes friction in the global payments process, enabling payments to reach beneficiaries faster and with fewer steps. Using blockchain technology, IIN reduces the time correspondent banks currently spend...