Search Results for: blockchain technology
Cecabank and Grant Thornton create Spain’s first blockchain banking consortium
May 29th, 2017
Spanish wholesale bank Cecabank and consulting firm Grant Thornton have created the first blockchain consortium in Spain. Called Blockchain Banking Consortium, the project intends to progressively develop the potential of blockchain in the financial sector, and according to the ...
IBM and Chile´s Santiago Exchange to Deliver World´s First Securities Lending Blockchain Solution
May 18th, 2017
IBM (NYSE: IBM) and Chile’s Santiago Exchange, the largest in the country, today announced a partnership to introduce Blockchain technology across the country’s financial sector. The agreement makes the Santiago Stock Exchange the first stock market in Latin America ...
RBS links up with Irish blockchain payments project
May 17th, 2017
Royal Bank of Scotland is to collaborate with Deloitte and a group of Irish banks to explore the use of blockchain technology in an effort to improve payments systems. The state-backed lender said its Ulster Bank arm is leading ...
ACCA released a professional accountant’s guide to blockchain
May 5th, 2017
Distributed ledgers and blockchain technology has the potential to improve trust in financial transactions but seem more likely to support, rather than replace, the work of professional accountants, according to a new report from ACCA (the Association of Chartered ...
Japan banks to test blockchain-based money transfers
April 28th, 2017
A consortium of Japanese banks will experiment with fund transfers using virtual currencies, with an eye toward developing a more convenient, lower-cost alternative to wiring money. SBI Holdings and SBI Ripple Asia lead the payments consortium, which had 56 ...
Gibraltar to set Blockchain regulatory framework
April 27th, 2017
In January 2016, HM Government of Gibraltar published for consultation a document titled, ’Virtual Currency: Outline Regulatory Framework’ the second such paper on this subject produced by the Cryptocurrency Working Group. After considering the feedback received from private sector ...
Leading global transaction banks kick off blockchain proof of concept with SWIFT gpi
April 26th, 2017
SWIFT’s proof of concept will determine if distributed ledger technology can help banks reconcile their nostro accounts in real time SWIFT, in collaboration with leading global transaction banks, is developing a proof of concept (PoC) application that will test ...
IC3 blockchain group adds Fidelity as member
April 10th, 2017
Fidelity Investments Inc, an online trading brokerage of choice that offers IRAs, retirement planning, mutual funds and ETFs, has joined the Initiative for CryptoCurrencies & Contracts (IC3), which is a group of academic institutions working on to develop blockchain ...
IBM Launches Blockchain Platform for US Oil Trade
April 7th, 2017
Technology giant IBM has developed a blockchain trade finance platform alongside a bank and a commodity trading house to settle deals using the blockchain solution. Singaporean commodities trading house Trafigura and French bank Natixis join IBM in the innovative ...
Bitcoin, Blockchain Security In Focus At Malta Conference, Top Crypto Figures Attend
April 5th, 2017
Bitcoin and Blockchain are receiving a dedicated day at a week-long event highlighting the use of cryptography in finance and data security. The International Financial Cryptography Conference, which kicked off in Malta on Monday and runs until Friday, draws ...