Latest Blockchain News: Finextra Research

Sibos 2020: What percentage of cross-border payments could be made in CBDCs?

Delegates discussing central bank digital currencies (CBDCs) at Sibos 2020 agree that there is a long road ahead for global mass adoption to facilitate cross-border payments.

07 October 2020

News/payments

Rabobank offers bank account for utility token

Rabobank has begun facilitating payments for digital currency 'tokens' thanks to an agreement with the 2Tokens Foundation.

07 October 2020

News/payments

Standard Chartered and DBS to set up blockchain-based Trade Finance Registry

Standard Chartered and DBS, with the support of 12 other banks, have kicked off a project that will use a blockchain network to register trade finance transactions.

06 October 2020

News/cloud

Bank of Thailand launched blockchain-based government savings bond platform

Thailand's central bank has teamed up with IBM to launch the world's first blockchain-based platform for government savings bonds, issuing a total of $1.6 billion within two weeks.

05 October 2020

News/crypto

Renewable energy not as prominent in cryptocurrency mining as previously claimed

The prevalence of renewable energy in cryptocurrency mining is being driven by hydroelectricity, according to a study by the Cambridge Centre for Alternative Finance (CCAF), but APAC’s cheap coal-powered energy is what sets it apart from other regions.

02 October 2020

News/payments

Ant launches blockchain-based cross-border trade platform

Chinese fintech giant Ant Group has unveiled Trusple, a blockchain-powered global trade and financial services platform.

25 September 2020

News/regulation

New blockchain utility claims to cut 80-90% of MiFID costs

A new blockchain-based reporting platform set to launch later this year has vowed to cut 80-90% of asset managers' regulatory reporting costs once it goes live later this year.

23 September 2020

News/crypto

BIS Innovation Hub seeks blockchain experts

The Bank for International Settlements (BIS) is looking to hire a host of blockchain experts to join its Innovation Hub.

16 September 2020

News/payments

Cross-border payments firm Veem raises $31m

Cross-border business payments startup Veem has raised $31 million in a funding round led by the VC division of Truist Financial Corporation.

16 September 2020

News/markets

BNP Paribas preps for post-trade DLT with smart contract apps

BNP Paribas Securities Services is working with Digital Asset to design a number of real-time trade and settlement apps using smart contracts

15 September 2020

News/crypto

Mastercard launches CBDC testing platform for central banks

Mastercard has built a virtual testing platform to help central banks assess and explore national digital currencies.

09 September 2020

News/payments

Oz lenders ready to roll out bank guarantee blockchain platform to general public

ANZ, Commonwealth Bank of Australia, Westpac, IBM and Scentre Group are to formally launch a blockchain-based platform that reduces the time to issue a bank guarantee from one month to one day.

01 September 2020

News/markets

SGX issues first digital bond

Singapore Exchange (SGX), working together with HSBC Singapore and Temasek, has completed its first pilot digital bond issuance on behalf of Olam International.

01 September 2020

News/wholesale

ConsenSys acquires Quorum blockchain from JP Morgan

ConsenSys has acquired Quorum, the enterprise-variant of the Ethereum blockchain developed by JP Morgan, in a deal that also sees the bank make a strategic investment in the software house.

25 August 2020

News/crypto

Billon lands £2 million in fresh funding

Billon, the British/Polish fintech which uses distributed ledger technology to tokenise national currencies, has raised £2 million in funding with support from the UK Government's Future Fund Scheme.

25 August 2020

News/crypto

Exberry and Digital Asset to launch token-based exchange-trading infrastructure

Exchange technology outfit Exberry has formed a partnership with Digital Asset to provide businesses with a ready-to-go, end-to-end infrastructure for the trading of virtual assets.

20 August 2020

News/crypto

Fed partners MIT on 'hypothetical' digital currency

The Federal Reserve Bank of Boston is working with the Massachusetts Institute of Technology (MIT) to develop a "hypothetical" digital currency platform.

18 August 2020

News/crypto

DBS: Central banks 'troubled and intrigued' by expansion in digital currency

DBS describes the growth of digital currency as both fascinating and daunting in a new research paper, 'Digital Currencies: Public and Private, Present and Future'.

17 August 2020

News/markets

BondEvalue conducts first blockchain-based bond trade for the masses

Singapore-based fintech BondEvalue has conducted the first trades on its blockchain-based debt trading platform, providing retail investors with access to fractional ownership of bonds in smaller denominations of $1000.

12 August 2020

News/people

Goldman puts McDermott in charge of digital assets team

Goldman Sachs is stepping up its efforts in the crypto and blockchain space, making Mathew McDermott, a managing director at the bank, global head of digital assets and giving him the green light to double his team's headcount, according to CNBC.

07 August 2020