Search Results for: blockchains
UBS reveals its interest in Sidechains as well as Ethereum
September 15th, 2015
There is an air of confidence about UBS at this time concerning the bank’s exploration of distributed ledger technology and smart contracts. Recently, UBS demonstrated how a bond could be automated on a blockchain, the shared ledger system similar ...
UBS Building Virtual Coin For Mainstream Banking
September 7th, 2015
Swiss bank UBS is working on a prototype virtual currency that it hopes will be used by banks and financial institutions as a basis to settle mainstream financial markets transactions. But unlike the bitcoin digital currency, the Swiss bank’s ...
BitPay calls on industry to form ‘Bitcoin Association’
September 2nd, 2015
BitPay, the leading processor of Bitcoin payments, said it’s about time the biggest companies in the space began working together, and even suggested the formation of a “Bitcoin Association” to help promote the currency. Sonny Singh, chief commercial officer ...
UBS and Barclays are front runners with Bitcoin 2.0 technology Ethereum
August 6th, 2015
UBS and Barclays are the front runners when it comes to experimenting with Ethereum, a new technology in the class known as Bitcoin 2.0, a source at Barclays told IBTimes. Ethereum is a not-for-profit organisation which offers an open-source ...
8 Banking Giants Embracing Bitcoin and Blockchain Tech
July 28th, 2015
In its relative short history, bitcoin – and its underlying technology the blockchain – have captivated thinkers around the world, but not everyone was quick to see the potential. Due in part to its initial billing as a threat ...
Deloitte Trials Blockchain Tech for Client Auditing
July 16th, 2015
Professional services firm Deloitte has revealed it is trialling blockchain technology to automate client auditing and crowdsource its consulting efforts, among other applications. With the announcement, Deloitte – one of the world’s ‘Big Four’ audit firms – becomes the ...
What is a Blockchain Sidechain All About?
June 12th, 2015
If you’ve been keeping track of developments in the bitcoin industry, you’d know that the blockchain refers to the public ledger of transactions associated with the cryptocurrency. As the bitcoin ecosystem has grown in size and scale throughout the ...
Five Reasons Bitcoin Revolution is Over
February 23rd, 2015
2015 will be the year Bitcoin “dies.” The bubble is over and the cryptocurrency, while revolutionary, has serious issues which will prevent it from ever becoming widely accepted. Andre Alessandro — The five problems listed here are both structural and external ...
