Tagged: blockchain

February 6, 2017 @ 11:56 pm By Jessica Pham  |  

Bhume Bhumiratana works on blockchain in Thailand and in an interview with the Bangkok Post, he said that the country is poised to see the technology take over banking and financial services in the near future. “The adoption of blockchain technology is expected to be widely… Read More

February 2, 2017 @ 2:15 am By Jessica Pham  |  

The Federation of Indian Chambers of Commerce and Industry (FICCI) published a new report in January called “Leveraging the FinTech Opportunities in India” to highlight a number of topics, including digital payments, digital banking, blockchain, and online lending, to name a few. According to FICCI… Read More

January 25, 2017 @ 9:57 pm By JD Alois  |  

Credit China Fintech has started 2017 with a blitz of deals.  Today Credit China Fintech announced a $30 million deal with BitFury group and the establishment of a joint venture focusing on the China market. BitFury Group is a leading Bitcoin and private Blockchain infrastructure… Read More

January 24, 2017 @ 8:38 am By Erin Hobey  |  

“We can do online voting on blockchain in a highly scalable way, and that’s what we did.” Focusing on solving the problem of securing public, private and proxy global election systems, Votem offers a blockchain-based solution which aims to give democracy back to the people by allowing… Read More

January 20, 2017 @ 1:18 pm By JD Alois  |  

FINRA has published a report (embedded below) on Blockchain or Distributed Ledger Technology (DLT) and its implications for the securities industry. The publication is entitled; “Distributed Ledger Technology: Implications of Blockchain for the Securities Industry.” FINRA, or the Financial Industry Regulatory Authority, is the self-regulatory organization… Read More

January 19, 2017 @ 5:47 am By Erin Hobey  |  

WISeKey International Holding Ltd (WIHN.SW), a provider in Root of Trust and certificate authority, and Stratumn SAS, inventor of Proof of Process Technology, partner to provide enterprise grade process security software based on blockchain technologies. A software security company that enables a shift in how organizations secure… Read More

January 19, 2017 @ 1:13 am By Jessica Pham  |  

Reports came out during the holiday season last year of banks quietly stocking up on blockchain patents.  Banks will compete with startups making the same moves.  They will also compete for patents with trolls who suppress innovation. The future of blockchain innovation depends on who… Read More

January 11, 2017 @ 7:49 am By Jessica Pham  |  

Japan’s Financial Services Agency (FSA) has cleared the Japan Exchange Group (JPX) to use blockchain in trading, according to Nikkei Asian Review.  Such fintech tools might make trading more efficient.  JPX operates the Tokyo Stock Exchange (TSE), the largest stock exchange in Asia and fourth largest… Read More

January 10, 2017 @ 2:55 pm By Samantha Hurst  |  

Postal Savings Bank of China (PSBC) announced on Tuesday it has teamed up with IBM to launch its blockchain-based asset custody system. As part of its work, the bank has also successfully executed more than 100 real business transactions on the blockchain since the system… Read More

January 5, 2017 @ 2:15 pm By Erin Hobey  |  

The Bitfury Group, a global Blockchain tech company, announced that in collaboration with the international law firm Covington, it plans to launch the “first ever” Global Blockchain Business Council (GBBC) around the World Economic Forum 2017 Annual Meeting in Davos, Switzerland this January. “The GBBC will… Read More

January 3, 2017 @ 11:10 am By JD Alois  |  

NASDAQ CEO Adena Friedman visited the new CNBC digs today to welcome the morning show pundits to NASDAQ and chat up her company’s vision. Friedman, previously President & COO of NASDAQ, became the CEO on January 1st. Friedman stated, “we are both an exchange operator… Read More

December 29, 2016 @ 11:32 pm By Jessica Pham  |  

Tapestry Networks and Ernst & Young (EY) published a report this month focused on global revolutionary changes that will affect the financial services sector.  The full version of the report is below. The report is a result of the October 5-6, 2016 Financial Services Leadership Summit in… Read More

December 28, 2016 @ 10:31 am By Samantha Hurst  |  

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced on Wednesday it added eight new members to its organization as a way to help create an open standard for distributed ledgers for a new generation of transactional applications. The Hyperledger project, which… Read More

December 23, 2016 @ 8:19 am By Christian Catalini  |  

With a market capitalization of approximately $12 billion and with the price of Bitcoin reaching towards its 2016 high, Bitcoin is both the most established and the most secure cryptocurrency. Its ascendancy has triggered both a great deal of enthusiasm and a fair share of… Read More

December 23, 2016 @ 7:29 am By JD Alois  |  

Overstock (NASDAQ:OSTK)  has issued new shares utilizing distributed ledger technology (DLT) created by Fintech firm t0.com (t zero). The securities issues are said to be the first in history to be able to trade on an alternative trading system (ATS) using DLT. Trades settled on… Read More

December 22, 2016 @ 5:41 pm By JD Alois  |  

Axoni, a Fintech company that provides distributed ledger technology, has closed an $18 million Series A funding round. Wells Fargo, Euclid Opportunities and ICAP led the funding. Axoni’s total funding to date tops $20 million. The financing round also included participation from Goldman Sachs, J.P…. Read More

December 21, 2016 @ 1:42 pm By Samantha Hurst  |  

Earlier this month, tech giant Microsoft announced it formed a partnership with AMIS and the Industry Technology Research Institute of Taiwan to create Asia’s consortium blockchain network on Azure. The company also revealed it is collaborating with banks such as Fubon Financial, Cathay Financial Holdings, MegaBank, KGI, Taishin,… Read More

December 13, 2016 @ 6:16 am By Erin Hobey  |  

Irish fintech startup FXCH Ltd., the Spot-FX Clearing House, which in July settled the first FX trade on the Blockchain, seeks €1,000,000 financing on Seedrs for 4.76% equity offered. Because FXCH has a permanent base in London, the €20M valued platform may benefit from the UK’s S/EIS tax credit… Read More

December 12, 2016 @ 9:55 am By JD Alois  |  

The Federal Reserve released a report on Distributed Ledger Technology (DLT) or Blockchain last week. The document reviews the potential and challenges for the new technology to disrupt and benefit financial services.  The Federal Reserve is correctly reviewing DLT – just as other central banks… Read More

December 11, 2016 @ 11:50 am By JD Alois  |  

Christian Catalini of MIT is out with a new paper – this time on the future of Bitcoin and Blockchain technology.  Catalini may be best known for his work on crowdfunding but with this publication, Catalini has partnered with Joshua Gans of the University of… Read More