Search Results for: blockchain
Deloitte: Blockchain reinvents the financial services industry
November 2nd, 2016
Deloitte Global report highlights use cases for distributed ledger technology to transform the industry Distributed ledger technology (DLT), more commonly known as blockchain, is challenging traditional business models and providing new opportunities to reinvent financial services, according to a ...
42 Banks Join New Japanese Blockchain Consortium
November 2nd, 2016
42 banks are joining a newly-created Japanese blockchain consortium to enhance the cross-border payment industry. The consortium will focus on research and development, and will cover domestic and foreign exchange services by utilizing blockchain technology. The Japanese blockchain organization ...
A bank in the Netherlands and a local university are working on blockchain prototypes
October 27th, 2016
A prominent bank in the Netherlands is working with a local university to develop a series of blockchain prototypes. ABN Amro, which is a member of the Linux Foundation-led Hyperledger project and an investor in blockchain startup Digital Asset ...
Blockchain applied for the first time in a global transaction
October 24th, 2016
Blockchain, the technology behind digital currency bitcoin and now being used to simplify secure financial transactions, has been applied for the first time in a deal facilitated by an Australian bank to sell cotton to China. The Commonwealth Bank ...
Blockchain platform developed by Banks to be Open-Source
October 23rd, 2016
A blockchain platform developed by a group that includes more than 70 of the world’s biggest financial institutions is making its code publicly available, in what could become the industry standard for the nascent technology. The Corda platform has ...
Deloitte now focuses on blockchain technology and the Internet of Things (IoT)
October 19th, 2016
Deloitte Catalyst accelerates digital transformation by bringing together critical assets and capabilities from the domains of cognitive technologies, Internet of Things and blockchain and includes as initial members Narrative Science, Kira Systems, Ayasdi and Loyyal, among others. Deloitte Catalyst has enabled Deloitte to launch ...
Abu Dhabi Securities Exchange launched Blockchain for eVoting Services
October 17th, 2016
Abu Dhabi Securities Exchange (ADX) announced in GITEX Tech Week its launch of Blockchain technology for eVoting services. The launch is considered the first of its kind for the MENA region financial markets as it employs the latest innovations ...
In China, Two Cities Mirror Blockchain-Bitcoin Divide
October 17th, 2016
Beijing and Shanghai, China’s two most populous and developed cities, are often reminiscent of two siblings. They are similar, but each has its own distinct character. In this light, some rivalry is as inevitable, and it’s now spilling over ...
Over 8 million Bitcoin wallets left inaccessible as Blockchain.info hit with DNS hijack
October 14th, 2016
Blockchain.info, one of the most popular online Bitcoin wallet services in the world, was forced to take its service offline this week (12 October) after suffering a DNS hijack that left its 8 million-strong userbase vulnerable to cyberattack. The ...
ICICI Bank executes India’s first banking transactions on blockchain in partnership with Emirates NBD
October 13th, 2016
Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, announced that it has successfully executed transactions in international trade finance and remittance using blockchain technology in partnership with Emirates NBD, a leading banking group in the Middle East. ...
