Tag: BLOCKCHAIN
ConsenSys aims for blockchain tokenization standards
ConsenSys have partnered with XBRL to develop standards for tokenization of assets on blockchains. Read more: www.cryptocoinnews.com
2017: The year regulators engage with blockchain
So far, regulators have taken a decidedly laissez-faire approach. For a number of interrelated reasons, that is likely to change in 2017. Read more: www.coindesk.com
Blockchain tech ignores USD, allows transfers in Baht-Yuan
The system created by Kasikornbank will allow for direct settlement of transfers between baht and yuan or Thailand and China without any need for the currencies to be converted to USD at any point. Read more: www.cryptocoinsnews.com
Blockchain to help InsurTech soar to $235bn industry
Juniper Research predicts that revenues for products in InsurTech could skyrocket thanks not only to help from machine learning breakthroughs, but, also, blockchain technology. Read more: www.cryptocoinsnews.com
Japanese blockchain consortium grows to more than 100 members
Over the past few months Japan has become a hotbed for blockchain exploration and concern. Read more: www.coindesk.com
Alternative banking moves to the blockchain
Chronobank is working on issuing blockchain tokens (similar to bitcoins on the bitcoin blockchain) that would allow labor hours to be used as a currency. These coins will then be tradable from peer to peer and on a decentralized marketplace called LaborX. Read more: www.coindesk.com
LeFinance teams with Stellar to provide cloud-based blockchain
LeFinance will use Stellar's network for cross-border payments and to monitor credits for use across its devices and platforms. LeFinance wants to offer customers a faster experience while providing a scalable and reliable accounting system for content in the cloud. Read more: www.cryptocoinsnews.com
Microsoft announces Asia’s ‘first blockchain consortium’
The consortium aims to bring increased efficiency with lower costs and faster settlements in the Taiwanese financial market. Read more: www.cryptocoinsnews.com
Former Barclays’ chief joins board of bitcoin wallet startup
Former Barclays chief Antony Jenkins is extending his interests in the broader non-bank ecosystem by joining the board of digital currency outfit Blockchain. Read more: www.finextra.com
Blockchain: a real opportunity for retail financial services
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