Search Results for: blockchain technology
Barclays has two blockchain ‘labs’ in London and is planning 45 experiments with the technology
December 28th, 2015
Like pretty much every other major bank at the moment, Barclays is very interested in the potential of the blockchain, the technology that underpins bitcoin. The Sunday Times reported this week that Barclays is planning to let charities accept bitcoin later ...
Barclays has two blockchain ‘labs’ in London and is planning 45 experiments with the technology
September 7th, 2015
Like pretty much every other major bank at the moment, Barclays is very interested in the potential of the blockchain, the technology that underpins bitcoin. The Sunday Times reported this week that Barclays is planning to let charities accept bitcoin later ...
Codename Citicoin: Banking giant built three internal blockchains to test Bitcoin technology
July 3rd, 2015
Citigroup, the global advisor of multi-nationals and governments, has been using its scale and reach in some surprising ways, such as conducting transactions on mobiles without bank accounts in Kenya, and developing blockchains within the bank and test-coins to ...
Blockchain communities from Africa and Asia will unite in 2020
March 13th, 2020
The adoption of blockchain technology in pretty much all aspects of our lives seems to be growing each year. Thus, the newly-announced partnership between Quras, a smart contract platform enabling anonymous, private-protected transactions, and a non-profit association Blockchain Nigeria ...
HSBC settles $250 billion on blockchain
January 16th, 2019
According to a press release sent by HSBC Bank to the Financial Times and published in the newspaper on 15th of January, it settles $250 billion of Forex trades on the blockchain during 2018. HSBC, an international banking giant, uses ...
Seven EU Countries established the “Mediterranean seven” group to promote blockchain
December 12th, 2018
Countries around the world are starting to recognize the value that blockchain technology brings to the table regarding not only its potential to improve governance and the delivery of public services but also to tackle key problems and inefficiencies ...
EY acquires new cryptocurrency technology
July 25th, 2018
Ernst & Young (EY) has acquired technology assets and related patents from Elevated Consciousness Inc, a San Francisco, CA-based startup focused on developing solutions for the crypto-asset ecosystem. The Crypto-Asset Accounting and Tax (“CAAT”) tool connects with multiple cryptocurrency ...
Spanish banks move ahead with blockchain platform for digital IDs
June 21st, 2018
A consortium of Spanish banks is moving ahead with the development of a blockchain-based digital identity platform slated for live testing before the end of the year. Supported by eight companies (Abanca, Bankia, Caixabank, Caixa Ontinyent, Ibercaja, Kutxabank, Liberbank ...
Deloitte veterans are launching a tokenized blockchain for supply chain
May 15th, 2018
Former members of Deloitte’s blockchain team are joining a new startup that seeks to bring a tokenized blockchain protocol to one of the world’s most inefficient markets. Announced Monday, a startup called Citizens Reserve is coming out of stealth, ...
JPMorgan files blockchain interbank payment patent
May 8th, 2018
JPMorgan has filed a patent for the application of blockchain technology to speed up the process of cross-border payments. The patent application was initially filed in October, just after the bank announced plans to pilot the processing of cross-border ...
