Tagged: blockchain

EY Launches New York-Based Financial Services Innovation Center

Ernst & Young LLP (EY) announced on Wednesday the launch of its new Union Square Innovation Center in New York City. According to the company, the center will focus on financial services and is a flagship location for EY wavespace, its global growth an innovation… Read More

Potential Red Flags in Bancor’s ICO?

Last week, Bancor, a blockchain startup aiming to be the standard for smart tokens, held an Initial Coin Offering (ICO) which raised over $144 million in a few hours. A recent post on Hacking, Distributed claims that Bancor’s ICO was flawed and there were a… Read More

Morgan Stanley Believes Bitcoin Needs Regulations for Further Growth

In a recent report titled “Blockchain: Unchained?”, Morgan Stanley details its hesitance towards Bitcoin and outlines its belief that in order for Bitcoin to see continued growth, more regulations need to be enacted. While Morgan Stanley does have high hopes for blockchain, the technology behind Bitcoin,… Read More

Nearly 50K Users Strong, Blockchain-Powered Colu Introduces Local Pound Currency

Colu, a blockchain-powered platform for creating digitized, localized currencies, launched its second currency in the UK – the Local Pound, East London. Founded in 2014, Colu’s digital wallet application supports buying local, offering an easy and convenient way to pay instantly from a smartphone while empowering… Read More

Thomson Reuters Launches Blockchain Based Service for Delivering Market Data

It was announced recently that Thomson Reuters is set to launch its blockchain-based service, BlockOne IQ, which will provide its clients with fast and secure financial market data. Wall Street firms will be able to connect to market data through the blockchain network and be… Read More

WISeKey Announces Partnership With Blockchain Interface RIDDLE&CODE

Cybersecurity company WISeKey announced on Wednesday it has formed a partnership with blockchain solutions company, RIDDLE&CODE, in order to develop solutions for securing internet of things (IoT) through blockchain technology and crypto-hardware. While sharing details about the partnership, WISeKey stated the first step is to… Read More

UN Sends Aid to Thousands of Syrian Refugees Using Ethereum’s Blockchain

  As reported by Coindesk a little over a month ago, the United Nations World Food Program (WFP) launched an innovative test program to deliver aid to impoverished areas in the middle east using blockchain technology based on Ethereum. The pilot program was declared a… Read More

Russian Billionaire Boris Titov Collaborates with Waves on ICO Incubator – “People of Growth”

Russian Politician and Billionaire Boris Titov has signed an agreement with Sasha Ivanov, CEO of Waves Platform, to create an Initial Coin Offering incubator. The new incubator has been entitled “People of Growth” and is described as a vehicle to assist entrepreneurs and growing companies… Read More

Singapore Tokenizes Their Currency Through Ethereum’s Blockchain

According to a recent article on Trustnodes, the Monetary Authority of Singapore, Singapore’s central bank, has successfully digitized their national currency by a creating a token out of the Singapore dollar on Ethereum’s blockchain technology. Phase 1 Complete Last November, MAS announced Project Ubin: a… Read More

Senior Chinese Official Says Bitcoin and Ethereum are of National Interest

Yao Qian, the Deputy Director of the Science and Technology Department at the People’s Bank of China, China’s central bank, recently authored an extensive report on digital currencies. In the report, Yao Qian highlights many of the advantages and disadvantages of digital currencies, focusing much… Read More

Australian P2P Lender Credit Crowd Joins Blockchain Lending Platform Othera

It was announced recently that Australia-based P2P lender, Credit Crowd, has joined Othera’s Blockchain Lending Platform and Digital Asset Trading Exchange. By joining Othera’s platform, Credit Crowd is seeking to evolve its P2P lending market by digitizing the trading of P2P loans on the block chain. P2P… Read More

Brave Browser’s ICO Raises $36 Million in 30 Seconds

Earlier this week, Brave Browser, a software company seeking to revolutionize online advertising, held an initial coin offering (ICO) for its Ethereum-based token the Basic Attention Token (BAT). According to multiple sources online, the ICO raised over $36 million in about 30 seconds making it… Read More

Cecabank & Grant Thornton Establish Spanish Blockchain Consortium

A new Spanish blockchain consortium spearheaded by Cecabank and professional services firm Grant Thornton is aiming to build tools designed to combat money laundering and boost KYC (know your customer) efforts. Without “naming names,” the partners claim that the consortium already comprises 33% of the Spanish banking… Read More

Bank of Canada, Payments Canada & R3 Discuss Project Jasper Digital Ledger Tech Results: Mind the Gaps

The Bank of Canada, along with Payments Canada, R3 and seven commercial banks, today disclosed the results of Project Jasper phase II, an experimental wholesale interbank payment system using digital ledger technology (DLT) which is considered the backbone of cryptocurrencies like Bitcoin. First launched in 2015,… Read More

SE Asia Blockchain Mobile Payments Platform Coins Raises $5 Million from Naspers

Coins, a Philippines-based blockchain mobile payments platform that services Southeast Asia, announced it had secured US $5 million in funding from Naspers, according to an article on Techcrunch. Naspers, which is based in South Africa, is one of the world’s largest investors in tech. The… Read More

Waves Launches Euro Gateway

Waves Platform, a decentralized platform for launching crowdfunding campaigns and issuing digital assets, says it has launched its flagship Euro gateway. The Waves Platform completed its Initial Coin Offering (ICO) in June 2016, garnering more than $16 million (30,000 BTC) and becoming one of the… Read More

Decentral’s Jaxx Digital Wallet & Exchange Adds 70 Partners

Decentral has announced that its flagship product, Jaxx , a multi-platform digital currency wallet and exchange, has secured more than 70 new partners and integrations for all things blockchain. Jaxx wants to be the tool that brings digital currencies and digital assets to the masses. “We are bringing together… Read More

Singapore-based Blockchain VeChain Joins PwC’s Incubation Program

Singapore-based blockchain service provider VeChain S.E.A, a subsidiary of the leading blockchain technology company in China, BitSE, is proud to announce it will join PwC’s incubation program. PwC and BitSE held a signing ceremony on Monday in Hong Kong with Raymund Chao, PwC Greater China Chairman,… Read More

Growing Reg Influence in MENA Fintech: Abu Dhabi Global Market Joins R3 Consortium

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, has joined R3 as a new member of its international consortium. ADGM is the first regulatory body in the Middle East and North Africa (MENA) region to be part of the R3 consortium, comprising over… Read More

Ethereum Quickly Catching Up to Bitcoin’s Transaction Volume

According to an article published on Trustnodes today, Ethereum is now handling almost half the transaction volume of Bitcoin. That might not sound impressive but you have to consider the fact that Ethereum launched less than 2 years ago whereas Bitcoin is over 9 years old…. Read More

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