Tag: BLOCKCHAIN
Wall Street backs blockchain for savings on derivatives
A big Wall Street middleman is bringing in the technology behind the digital currency bitcoin to try to save banks tens of millions of dollars on fees for derivatives trades. Read more: www.wsj.com
US Treasury insurance advisors to discuss blockchain
An advisory council to the US Treasury Department focused on the insurance market will discuss blockchain tech at a meeting later this week. Read more: www.coindesk.com
Real Estate blockchain to replace government
Real estate blockchain - use the Bitcoin blockchain to record the transfer of properties, why bother with the delay, cost, and inefficiency of the government? Read more: fintechnews.ch
Goldman, BofA patent blockchains for coming wars
Recently, some of the biggest names in business, from Goldman Sachs to Bank of America and Mastercard, have quietly patented some of the most promising blockchain technologies for themselves. Read more: www.fintechranking.com
BNP Paribas completes first blockchain B2B payments
BNP Paribas has just completed its first cross-border corporate payments transactions via blockchain technology. Read more: www.pymnts.com
Global banks pilot blockchain-based gold settlement platform
A group of global banks and financial institutions has completed the first pilot of a new blockchain-based gold trading platform. Read more: www.coindesk.com
Chinese logistics industry enters the blockchain era
The 2016 FinTech Global Summit marks the founding of the Blockchain Application Sub-Committee initiated of the China Federation of Logistics & Purchasing. Read more: www.prnewswire.com
Blockchain in Islamic banking – opportunities aplenty
Use of Blockchain in Islamic Banking will primarily affect the way payments, remittances and trading activities are conducted. Read more: www.thefintechtimes.com
Are these nine startups the next big thing in blockchain?
Online startup program Hacker Unit has partnered with IBM and is shining a light on blockchain’s impending boom by enlisting 9 startups that are using the technology in bold new ways. Read more: www.venturebeat.com
Who’s left in the dark about blockchain
With financial services embracing and exploring blockchain, the sector is proving to be a guide for other industries interested in the technology. Read more: www.pymnts.com