Search Results for: blockchains
IBM Debuts Blockchain Ecosystem
December 9th, 2016
IBM Debuts Blockchain Ecosystem To Help Accelerate Growth of Networks on Hyperledger Fabric Blockchain has the potential to transform the way industries conduct business transactions. This will require a complete ecosystem of industry players working together, allowing businesses to ...
The Asia-Pacific FinTech landscape is witnessing unprecedented growth
December 5th, 2016
The Asia-Pacific Financial Technology (Fintech) landscape is witnessing unprecedented growth with Fintech solutions and services expected to gross more than US$70 billion in revenue by 2020, with a CAGR of 72.5 percent. Singapore, Hong Kong, and Sydney are innovation ...
Ernst & Young Switzerland Will Accept Bitcoin Next Year
November 29th, 2016
The Swiss branch of global professional services firm Ernst & Young is set to begin accepting bitcoin payments next year. Starting in January, EY Switzerland will accept bitcoin for invoice payments, the firm said last week. The company will also launch ...
MAS, R3 and Financial Institutions experimenting with Blockchain Technology
November 16th, 2016
The Monetary Authority of Singapore (MAS) today announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail ...
R3 partners with Monetary Authority of Singapore to launch Asia Blockchain Centre of Excellence
November 9th, 2016
Financial innovation firm R3 has collaborated with the Monetary Authority of Singapore (MAS) to launch its first dedicated distributed ledger technology (DLT) Center of Excellence in Asia as it continues to expand its presence in the region. As Singapore’s ...
China Foreign Exchange Trade System (CFETS) joins R3 distributed ledger consortium
November 3rd, 2016
Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Shanghai, CFETS ...
New bitcoin rival promises anonymity for online purchases
November 2nd, 2016
A new cryptocurrency launched late last week, claiming to allow users to make online purchases anonymously and sparking controversy and a negative reaction from the authorities. Zcash launched last Friday and is currently worth $498 dollars per coin, in ...
The price of bitcoin has risen by 19% in October
November 1st, 2016
In a year of monster hackers, the rise of new cryptocurrencies, and its own unresolved “civil war” over how to enlarge its transaction capacity, bitcoin has not only survived, but thrived. The price of bitcoin has risen by 19% ...
Korean Government to Commercialize Bitcoin, Digital Currency
October 25th, 2016
Financial authorities decided to institutionalize digital currencies such as Bitcoin. In addition, they are planning to ramp up the size of average annual policy finance to one trillion won from 500 billion won for the development of fintech. “We ...
Bitcoin-Inspired Technology Starts to Reshape Currency Markets
September 27th, 2016
Product likely to lower the costs of cross-border transactions Bitcoin-inspired ledger technology is taking its first steps in foreign-exchange markets. Companies that provide payments systems to banks are unveiling products that use distributed ledgers to lower the costs of ...
