Latest Blockchain News: Finextra Research

Reserve Bank of Australia kicks off CBDC project with NAB and CBA

The Reserve Bank of Australia is collaborating with Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys Software on a project to explore the potential use and implications of a wholesale form of central bank digital currency (CBDC) using distributed ledger technology (DLT).

02 November 2020

News/crypto

SIX Fintech Ventures invests in Keyrock

Brussels-based digital asset market maker Keyrock has raised EUR4.3 million in a funding round co-led by SIX Fintech Ventures and MiddleGame Ventures.

30 October 2020

News/crypto

Medici takes controlling stake in Caribbean blockchain outfit Bitt

Medici Ventures, the blockchain investment arm of American Internet retailer Overstock, has paid $8 million for a controlling interest in Barbados-based Bitt.

29 October 2020

News/crypto

SocGen partners ConsenSys on CBDC experiments

Societe Generale has brought in ConsenSys to provide technology and services for its Central Bank Digital Currency (CBDC) pilot work.

28 October 2020

News/regulation

ASX once again delays cutover to blockchain post-trade network

The Australian Securites Exchange (ASX) has confirmed a one-year delay to the cutover of its blockchain-based post-trade network, citing to the impact of the Coronavirus crisis on market volatility and user demands for more testing and additional functionality.

28 October 2020

News/payments

JPMorgan builds on blockchain-based payment network

JPMorgan has rebranded its blockchain-based Interbank Information Network (IIN) as Liink and introduced new applications in response to feedback from the platform's 400+ participants.

28 October 2020

News/crypto

JPMorgan sets up blockchain unit as JPM Coin gets commercial outing

With its JPM Coin digital currency now being used by a client commercially, JPMorgan Chase has created a new unit to house its blockchain and crypto efforts.

27 October 2020

News/crypto

SIA and Hex Trust roll out digital asset safekeeping platform

Italy's SIA has combined with digital asset custody platform Hex Trust to deliver a blockchain-based service for financial institutions to manage and safekeep crypto investments on behalf of their clients.

22 October 2020

News/retail

Ant Group unveils blockchain-based copyright protection network

Ant Group has unveiled a blockchain-based digital copyright service for content creators.

22 October 2020

News/crypto

Cordite Society to mint first bank-grade digital currency for R3 Corda

The Cordite Society, a co-operative spawned from a research project at Royal Bank of Scotland, has released XDC, a digital currency for lubricating transactions on the R3 Corda blockchain network.

20 October 2020

News/identity

Fujitsu, JCB and Mizuho to test digital identity interoperability

Fujitsu, JCB and Mizuho Bank are to jointly test a system that enables secure transactions involving sensitive user ID information between companies and industries.

20 October 2020

News/crypto

Bank of Japan preps CBDC experiments

The Bank of Japan will begin central bank digital currency (CBDC) experiments early next year but says it still does not yet have any plans to issue its own digital yen.

15 October 2020

News/wealth

Allfunds partners Iberpay on blockchain plans

Wealthtech Allfunds has set up a blockchain company to develop a new payment model it says will provide more efficient settlement processes in the investment fund industry.

13 October 2020

News/crypto

Sibos 2020: 'In a world of CBDCs, I am not sure what Swift would do' - David Birch

David Birch, author and financial services consultant, compares Swift to CB radio or Charlie's Angels, as an "affectionate tribute to the 1970s".

07 October 2020

News/crypto

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