Data stored centrally in a single location is a problem inherent to any database. Read more: www.thefintechtimes.com
As younger generations look to their mobile devices to carry out payments and other transactions, the brick and mortar bank will begin to resemble a by-gone age. Read more: www.bankingtech.com
In a new report, Greenwich Associates has discussed security concerns of the financial institutions with regard to the blockchain technology. Read more: www.econotimes.com
Blockchain could be "revolutionary" for trade, HSBC has told CNBC, after the bank unveiled a partnership with BOAML to trial the technology. Read more: www.cnbc.com
France’s central bank is opening up a new innovation lab, with an eye to collaborate with blockchain startups. Read more: www.coindesk.com
Cryptocurrency technology business Blockstream has bought European bitcoin wallet software provider Green Address to increase the reach of its platform.
Barclays has partnered with FinTech startup Wave to carry out what it claims in the first global trade transaction using blockchain technology. Read more: www.fintechroundup.com