Search Results for: Blockchain
The Blockchain Revolution: Which Industries Will Cryptocurrency Affect?
November 22nd, 2017
Cryptocurrency is here to stay, establishing the ability through blockchain technology for secure identity, ownership, and records of transactions. It is no secret that there is big money involved—the collective worth fluctuates between $150 and $200 billion, and this ...
BNP Paribas and EY explore private blockchain
October 17th, 2017
BNP PARIBAS ALM Treasury and EY today announced they successfully completed a pilot demonstrating the feasibility of using blockchain to optimize the global internal treasury operations of the bank. The ALM Treasury department, which manages the bank’s internal treasury, ...
Global law firm joins forces with blockchain expert to launch consultancy
September 22nd, 2017
Global law firm Clyde & Co has launched an innovative new consultancy to advise insurers and clients in other sectors on all aspects of the burgeoning new area of smart contracts, blockchain and distributed ledger technologies. Clyde Code, as ...
Blockchain firms in $1.3b virtual currency battle
September 12th, 2017
Two of the world’s largest blockchain developers are battling over more than US$1 billion (S$1.3 billion) in virtual currency options, in a dispute that may help establish the leading player in providing new payment technologies to financial companies. R3, ...
LSEG and IBM to develop securities data blockchain solution for European SMEs
July 19th, 2017
Borsa Italiana project plans to digitize securities certificate data to simplify issuance and management of shareholding information Solution aims to create a shared registry of shareholder transaction records Blockchain technology helps expand SMEs’ access to credit and enable shareholder ...
Blockchain technology in use to reduce frictional cost of trading mutual funds
June 12th, 2017
Calastone successfully completes first phase of blockchain distributed market infrastructure proof-of-concept for the global funds industry Global funds transaction network and Future50 FinTech pioneer seeks to further reduce frictional cost of trading mutual funds, from fund manufacturer to end ...
Samsung SDS joins blockchain consortium for shipping industry
May 31st, 2017
Samsung SDS is accelerating its blockchain drive by strengthening alliances both domestically and abroad. The system integrations service company said Wednesday it has launched a blockchain consortium for shipping and logistics. Public organizations and private enterprises have joined the ...
Bitcoin move over – there’s a new kid on the blockchain
May 30th, 2017
The digital currency bitcoin has broken new records – surging by more than 245 per cent since the start of the year. In just five months, the price of one bitcoin rose from $1,331 to its all-time-high of $3,894 ...
Cecabank and Grant Thornton create Spain’s first blockchain banking consortium
May 29th, 2017
Spanish wholesale bank Cecabank and consulting firm Grant Thornton have created the first blockchain consortium in Spain. Called Blockchain Banking Consortium, the project intends to progressively develop the potential of blockchain in the financial sector, and according to the ...
Deloitte Exec Departs to Launch Tokenized Blockchain Research Lab
May 22nd, 2017
Back when Iliana Oris Valiente first started pitching her colleagues at Deloitte on the possible benefits of bitcoin, she was cautioned by a senior level executive that she might be doing damage to her reputation. Now, one of the ...