Tagged: blockchain

May 18, 2017 @ 10:46 am By JD Alois  |  

As part of a broader initiative to encourage Fintech innovation, the Financial Services Development Council of Hong Kong has published a report on Distributed Ledger Technology (DLT) or Blockchain. Recently, we shared a report on Fintech in which the FSDC chastised officials for not moving… Read More

May 16, 2017 @ 5:21 am By Erin Hobey  |  

The People’s Bank of China has set up a committee that will investigate the impact of fintech on monetary policy and financial markets as well as how big data and AI can be used for regulatory oversight, according to a release. China has emerged as a… Read More

May 11, 2017 @ 3:40 am By Jonathan Nieh  |  

According to a recent article on The Cointelegraph, the price of Ether could surge due to activity within China. Similar to Bitcoin, Ether is a cryptocurrency that was developed and offered for sale to the public by Ethereum, a blockchain development platform, back in 2014. The value… Read More

May 10, 2017 @ 3:52 pm By Samantha Hurst  |  

Just a few months after securing $1.2 million in equity capital to continue global expansion of its SME lending, Bitbond announced it received a €5 million debt commitment from German commercial real estate firm, Obotritia Capital. As previously reported, Bitbond received a regulatory license by German… Read More

May 7, 2017 @ 8:00 pm By Cole Lyons  |  

Katipult, a software provider for the investment crowdfunding space, is currently in the process of creating a distribution application (DApp) that will support secondary market transactions for private securities. Crowdfunding under Reg D, Reg A+ and Reg CF (and other exemptions in other markets), creates… Read More

May 2, 2017 @ 4:12 pm By Samantha Hurst  |  

UK-based blockchain company nChain announced on Tuesday it has appointed Bitcoin Foundation’s founding executive director, Jon Matonis, as its new vice president of corporate strategy. The company stated that Matonis would support its business growth by developing commercial relationships, and evaluating opportunities for strategic investments and… Read More

May 2, 2017 @ 11:18 am By JD Alois  |  

Leondrino, described as a currency management as a service provider with a platform and marketplace for organizations to issue their own private currencies,  has announced the first “Initial Token Offerings” (ITOs). Two companies, Chargepartner Network and Leaf Systems, will be publicly issuing their own branded… Read More

May 1, 2017 @ 2:23 am By Jonathan Nieh  |  

New Fintech Incubator One of the largest banks in Japan, Mizuho Financial Group, has been in the news recently for several partnerships involving fintech. According to Nikkei Asian Review, the bank is in talks to co-develop a fintech incubator that will be focused on virtual… Read More

April 28, 2017 @ 5:54 pm By Xu Gao  |  

CBRC Releases Documentation to Regulate Small Cash Loans Market This week, China Banking Regulatory Commission released a documentation “Guidelines on risk prevention and control in banking industry” to regulate the small cash loans market by perfecting the in-out mechanisms, paying more attention to the supervision… Read More

April 26, 2017 @ 9:39 pm By Jade Shi  |  

Gnosis, a decentralized prediction platform built on the Ethereum blockchain that uses crowdsourcing as a source for forecasting, has raised $12.5 million in its first initial coin offering. This initial auction broke records, as the company sold out of 250K Ethereum in twelve minutes, giving… Read More

April 26, 2017 @ 9:38 am By Samantha Hurst  |  

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced on Wednesday seven additional members to the project. The latest members include CollectorIQ Inc., Korea Exchange, Shanghai Onechain Information Technology, Shenzhen Forms Syntron Information, The State of Illinois, The Netherlands Organization for Applied Scientific… Read More

April 26, 2017 @ 7:18 am By JD Alois  |  

Switzerland-based Fintech firm Lykke has announced it is “accelerating growth” by appointing Seamus Donoghue as Director of its Singapore office.  Lykke now has a presence in Switzerland, the UK, Cyprus, Vanuatu, the US and now Singapore.  Lykke is in the process of building a global… Read More

April 25, 2017 @ 5:24 am By Erin Hobey  |  

In the context of the Horizontal Taskforce on Fintech and Distributed Ledger Technologies (DLT), the European Parliament has mandated the European Commission to implement a pilot project in order to build up technical expertise and regulatory capacity. The European Commission intends to launch a call… Read More

April 24, 2017 @ 11:46 am By Samantha Hurst  |  

Blockchain startup, Humaniq, announced on Monday it has appointed Former winner of BBC’s The Apprentice, Tim Campbell, has been appointed as a new member of its board. According to Humaniq, Campbell will join Alex Fork, Dinis Guarda and Dmitry Kaminskiy on the board. Speaking about his appointment, Campbell… Read More

April 21, 2017 @ 11:07 am By Samantha Hurst  |  

Blockchain company Humaniq announced on Friday it has formed a partnership with global consulting firm Deloitte. This news comes just after Humaniq secured $3.9 million through its initial coin offering.  Humaniq stated its currently on a mission to provide financial inclusion products and services powered… Read More

April 20, 2017 @ 9:12 am By Samantha Hurst  |  

Blockchain company Humaniq announced on Wednesday it not only joined Barclay’s Rise community, it also secured $3.9 million in initial coin offering (ICO) funding. This news comes just a few days after the company appointed a new CEO, Dinis Guarda, and 20 members to its… Read More

April 20, 2017 @ 4:51 am By Erin Hobey  |  

  WISeKey International Holding Ltd (WIHN.SW), a leading Swiss cybersecurity and Blockchain IoT company announced today its intention to establish an IoT Blockchain Center of Excellence Center in the Canton of Zug aiming to deploy a Trusted Blockchain as a Service platform. The Center will… Read More

April 14, 2017 @ 5:33 pm By Samantha Hurst  |  

Earlier this week, IBM (NYSE: IBM) and Sichuan Hejia Co., Ltd. (Hejia) announced they have collaborated to launch a new blockchain-based supply chain financial service platform specifically for pharmaceutical procurement. The companies confirmed that the new service is to help improve efficiency, transparency, and operation of… Read More

April 13, 2017 @ 10:57 am By Samantha Hurst  |  

Humaniq, a UK-based blockchain financial platform offering financial inclusion solutions for the unbanked, announced on Wednesday it appointed a new CEO, Dinis Guarda, and also 20 members to its global advisory board. Sharing details about the appointments, Alex Fork, President and co-Founder of Humaniq, stated:… Read More

April 11, 2017 @ 3:41 pm By JD Alois  |  

Perkins Coie LLP, a legal firm with offices in the United States and Asia, has boosted their Fintech horsepower with the addition of Jacob S. Farber and Frederick B. Fedynyshyn as senior counsel in its Technology Transactions & Privacy practice. Perkins Coie considers itself legal experts… Read More