Tagged: blockchain

December 8, 2016 @ 8:48 am By Samantha Hurst  |  

On Wednesday, IBM (NYSE: IBM) announced the launch of its new blockchain ecosystem. This program was reportedly created to help accelerate the creation of blockchain networks. According to IBM, the blockchain ecosystem program is designed for innovators looking to build real networks, which consists of venture… Read More

November 22, 2016 @ 10:28 pm By Jessica Pham  |  

PwC launched earlier this month a new Fintech tool called the Vulcan Digital Asset Services, which digitizes everyday banking, commerce, and personal currency and asset related services.  Currently, specific services available include digital asset wallets, international payment processing, and investment and trading services.  In the near… Read More

November 22, 2016 @ 9:04 am By Erin Hobey  |  

Goldman Sachs is no longer part of the R3 CEV blockchain group, according to the WSJ. Founded in 2014 by CEO David Rutter to explore the use of the distributed database technology, especially for tech utilizing bitcoin, R3 CEV explores way banks can save billions of dollars through streamlining outdated… Read More

November 20, 2016 @ 9:03 am By JD Alois  |  

The Korea Exchange (KRX) has launched the Korea Startup Market (KSM) a service that provides a marketplace where the shares of early stage companies can be traded in the public market. As part of the launch, the KSM is utilizing the technology of Korean blockchain startup… Read More

November 16, 2016 @ 7:39 am By JD Alois  |  

Symbiont, a blockchain technology company, has boosted its board with the appointment of former SEC Commissioner Dan Gallagher and President of T. Rowe Price Global Investment Services President Todd Ruppert. Symbiont already has a pretty solid Board of Directors as former New York Stock Exchange CEO… Read More

November 11, 2016 @ 8:56 am By Samantha Hurst  |  

Smart Token Chain, a blockchain specialist in the fintech sector, announced on Thursday it completed its first full smart token transaction across the Ripple Network.The company reported Ripple gives it access to a wide range of partners and customers without having to establish a digital… Read More

November 8, 2016 @ 12:59 pm By JD Alois  |  

Bitbond is one of the most interesting SME lenders around today. Launched in 2013, the online lender eschewed dollars and euros to focus on digital currencies, specifically Bitcoin. The global peer to peer lender provides access to capital for small business around the world. As… Read More

November 5, 2016 @ 3:50 pm By Jessica Pham  |  

The Australian Competition and Consumer Commission (ACCC), an independent arm of the Australian government that aims to regulate competition in the market and uphold national consumer law, has been closely eyeing four big banks to prevent attempts of monopolizing the blockchain industry in fintech. The banks… Read More

November 4, 2016 @ 12:05 pm By Samantha Hurst  |  

Chinese online insurer, ZhongAn Online Property & Casualty Insurance Co., Ltd. (ZhongAn) announced on Friday the launch of its new fintech incubator, ZhongAn Information and Technology Services Co., Ltd. (ZhongAn Technology). According to the insurer, the new brand will explore technology innovation for ZhongAn along with… Read More

October 25, 2016 @ 10:00 am By Erin Hobey  |  

UBS has named its former Apac CTO Peter Stephens as head of blockchain, replacing Alex Batlin who jumped ship last week to join BNY Mellon. A thirteen-year veteran at the Swiss bank, Stephens starts his new position on 1 November, working out of the bank’s London… Read More

October 25, 2016 @ 7:51 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), has announced a new study focused on blockchain utilization and development.  CCAF has quickly become the global leader in alternative finance research with its annual reports targeting different regions around the world. CCAF has now undertaken their first… Read More

October 23, 2016 @ 6:06 pm By JD Alois  |  

The Chinese Ministry of Industry and Information Technology, along with the National Standardization Committee, Chinese Blockchain Technology and others have published a white-paper on Blockchain technology. The document has been in the works since this past August. The Bank of England stated recently that 24… Read More

October 18, 2016 @ 10:38 am By Xu Gao  |  

CreditEase is Confronted with Another Tuition Loan Fraud Earlier this month, Chinese p2p lending platform CreditEase was confronted with another tuition loan fraud. TOEIC English, a TOEFL training institution which launched a collaborative tuition loan product with CreditEase, was found shuttered with no reason. Students… Read More

October 18, 2016 @ 9:22 am By Samantha Hurst  |  

On Tuesday, Wealth Migrate announced the launch of its new online investment marketplace that features integrated blockchain technology as a way to enhance security and privacy protections for investors from all over the globe. According to Wealth Migrate chief information officer, Jaco Maritz,  many financial services providers… Read More

October 14, 2016 @ 10:03 am By JD Alois  |  

Capgemini is out with a report on Blockchain that predicts consumers are poised to save “$16 billion dollars” on banking and insurance fees. Their premise is that “smart-contracts” for retail and investment banking, alongside insurance, will eliminate the need for paper-based documentation saving everyone time and… Read More

October 10, 2016 @ 10:04 am By JD Alois  |  

Innovate Finance, along with partners EY & Hogan Lovells, has published a report on Blockchain adoption.  Entitled Blockchain, DLT and the Capital Markets Journey: Navigating the Legal and Regulatory Landscape, the publication addresses distributed ledger technology (DLT) and the current regulatory environment.  The report also provides… Read More

September 30, 2016 @ 6:35 am By Erin Hobey  |  

Unocoin, a Bangalore based Bitcoin startup, has raised $1.5 million in a Pre Series-A round, the highest total raised for a digital currency venture in Indian history, said the platform. Funding was sourced from Blume Ventures, Mumbai Angels and ah! Ventures along with prominent international investors such as Digital Currency… Read More

September 29, 2016 @ 7:06 am By Erin Hobey  |  

Distributed ledger technology is set to move out of the test environment and into the wild next year, with nearly two thirds of banks expecting to be in production with full-scale, commercial blockchain projects by 2019, according to research from IBM. While banks and financial market… Read More

September 27, 2016 @ 12:17 pm By Samantha Hurst  |  

On Tuesday, the Chamber of Digital Commerce announced it formed a partnership with technology incubator, 1776, to open the Blockchain Innovation Center in Washington, D.C. The organizations revealed that the center would serve as the city’s entrepreneurial resource for technology providers and governments investing and innovating… Read More

September 23, 2016 @ 3:31 pm By Samantha Hurst  |  

San Francisco fintech company, Ripple, announced on Friday that six major have teamed up to launch a new blockchain network on distributed financial technology. Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corporation, and Royal Bank of Canada have teamed up to… Read More