Search Results for: blockchain
How blockchain technology could revolutionise global trade
January 21st, 2017
Blockchain technology could revolutionise trade – making it cheaper, quicker and simpler for businesses to trade internationally. From “letters of credit” to “bills of lading”, merchandise trade today is heavily reliant on paper documents. In our digital, connected world, ...
FINRA reports on potential Implications of Blockchain in the securities industry
January 19th, 2017
Distributed ledger technology (DLT), better known as blockchain, has garnered significant interest in the securities industry, with many market participants indicating a desire for increased regulatory engagement as they explore the technology and its possible applications. In response, the ...
7 Major European Banks Form Blockchain Platform ‘Digital Trade Chain’
January 16th, 2017
A group of seven large European banks has signed a memorandum of understanding (MoU) to develop a blockchain-powered cross-border trade finance platform for small and medium-sized companies in Europe. The participating banks are UK-based banking giant HSBC, Dutch institution ...
Deloitte Opens Second Blockchain Lab
January 13th, 2017
The lab in New York will focus on creating blockchain prototypes ready for integration into clients’ production systems. The solutions cultivated in the lab will be designed as “ready-to-integrate” for Deloitte’s financial services clients. The blockchain lab, its second ...
Blockchain shows great promise to improve accounting issues
December 29th, 2016
While blockchain tech is poised to disrupt a wide variety of industries, it is also poised to dramatically impact those professions that serve all industries. One area that appears primed for massive change is the accounting field. Here, the ...
South African Fintech Firm to Launch Blockchain-based Identity Verification in 2017
December 27th, 2016
South African fintech company ThisIsMe (TIM), which focuses on identity verification, has announced that it will be adding blockchain technology to boost its services and is expected to go live in 2017. More companies are turning their attention to ...
BNP Paribas completes its first real-time Blockchain payments
December 21st, 2016
BNP Paribas today announced it has processed several live payments for two of its longstanding corporate clients, Amcor, global leader in packaging solutions and Panini Group, international leader in collectables and trading cards. This news follows the announcement in September ...
Banking Giants Set to Invest in R3-Rival & Blockchain Startup Axoni
December 20th, 2016
US banking giants Goldman Sachs and JPMorgan Chase are leading a number of other financial institutions to invest in blockchain startup Axoni, a report has revealed. According to Reuters, the banks are looking to invest between $15 to $20 million in ...
Blockchain pilot in commercial real estate
December 19th, 2016
ABN AMRO has launched a pilot to explore how the blockchain application Torch can help parties involved in real estate transactions record and exchange information. Real estate transactions involve numerous parties, such as buyers, sellers, tenants, landlords, appraisers, notaries, ...
A Baht-Yuan cross-currency settlement system using blockchain technology
December 19th, 2016
KASIKORNBANK, in cooperation with International Business Settlement Co., Ltd. (IBS), a Chinese FinTech giant, has developed a real-time Sino-Thai settlement system based on the Next Generation Settlement Network (NGSN) which helps save time and costs while providing the utmost ...
