Latest Blockchain News: Finextra Research

Citi's Tony McLaughlin on CBDCs, Libra and bitcoin

Tony McLaughlin of emerging payments and business development at Citi tells Finextra TV of his soft spot for bitcoin as an alternative investment, but points out the inefficiencies that still afflict the cryptocurrency.

19 May 2020

News/markets

DTCC experiments with asset tokenisation and DLT

The Depository Trust and Clearing Coporation has unveiled two new projects, codenamed 'Ion' and 'Whitney', to experiment with asset digitalisation, distributed ledger technology and asset tokenisation for post-trade settlement in the public and private markets.

18 May 2020

News/crypto

Is it time to believe the blockchain hype?

Finextra Research has collaborated with Deloitte's Richard Walker, HSBC's Mark Williamson and Ciaron Roddy and BBVA's Francisco Maroto amongst others and to produce a detailed report on the future of blockchain technology in financial services: Where is the industry now? Where could it go? How do we get there?

12 May 2020

News/wholesale

DBS joins Contour trade finance network

DBS has become the first bank in Singapore to join the Contour blockchain trade finance network.

11 May 2020

News/retail

Fintech revenues to hit $500bn by 2030 - UBS

The global fintech industry is at an inflection point, with revenues set to grow from $150 billion in 2018 to $500 billion in 2030, according to research from UBS.

08 May 2020

News/crypto

Libra Association names HSBC legal chief Stuart Levey CEO

The Libra Association has named HSBC chief legal officer and former US treasury department official Stuart Levey as its first CEO.

06 May 2020

News/markets

OCC taps DLT for securities lending infrastructure

Equity derivatives clearing organisation OCC has selected Axoni to help it replace its securities lending infrastructure with distributed ledger technology.

05 May 2020

News/retail

Italian consortium looks to blockchain for digital sureties

A host of Italian financial services players are taking part in a project to digitise the management of sureties using blockchain technology.

01 May 2020

News/crypto

Andreessen Horowitz raises $515m for crypto fund

Venture Capital firm Andreessen Horowitz has raised $515 million for its second fund focused on crypto networks and businesses.

01 May 2020

News/crypto

Digital asset firm Taurus closes Series A funding round

Swiss digital asset and blockchain infrastructure startup Taurus Group has closed a multi-million dollar Series A funding round led by Arab Bank Switzerland.

30 April 2020

News/markets

Nasdaq adds R3's Corda to technology stack

Nasdaq's technology business is about to get a blockchain edge, integrating with R3's Corda and providin a full suite of institutional grade tools to support the build out of digital asset exchanges.

29 April 2020

News/payments

Italian banks go live on Spunta Banca DLT platform

A group of Italian banks has gone live with a distributed ledger technology-based system for the reconciliation of reciprocal accounts.

28 April 2020

News/sustainable

Antony Jenkins on sustainability: ‘You can’t please everyone’

In conversation with Finextra TV, Antony Jenkins, founder and executive chairman of 10x Future Technologies and former Barclays CEO, highlights that the single most important factor in the push toward sustainability is transparency.

27 April 2020

News/retail

Chinese giants lead blockchain patent applications

Alibaba and Ant Financial lead the ranking for blockchain patent applications, filing 2344 claims in total over the past two years.

24 April 2020

News/crypto

China's digital currency pilots pick up pace

China's digital currency plans are gathering pace, with trials taking place across four cities and reports emerging that big-name western players such as Starbucks and McDonald's are set to take part in testing.

23 April 2020

News/wholesale

Ant Financial opens blockchain platform to developer and SME community

Chinese banking behemoth Ant Financial is opening up its proprietary blockchain platform to small businesses and developers to help in the creation of multi-user trust-based digital applications.

17 April 2020

News/crypto

Libra begins journey to regulatory support with multi-currency model

Libra Association, responsible for the digital coin unveiled by Facebook last year, has applied for a payment system license from the Swiss Financial Market Supervisory Authority (FINMA), with significant changes made to the project that was met with widespread criticism last year.

16 April 2020

News/wholesale

WeBank to expand smart contract technology capabilities with Digital Asset

WeBank has entered a partnership with New York-based Digital Asset, to integrate smart contract technology with the blockchain platform FISCO BCOS.

16 April 2020

News/wholesale

Rabobank slashes commodity trade finance timeline with blockchain

Cargill and Agrocorp, in partnership with Rabobank and other logistics partners, have completed a cross-continent commodity trade transaction of wheat from North America to Southeast Asia on a blockchain platform provided by Singapore-based dltledgers.

14 April 2020

News/crypto

Revolut backs cryptocurrency as safe haven amidst Coronavirus crisis

Revolut last week announced it is making cryptocurrency available to all its seven million customers, as central banks start injecting unprecedented stimulus into their economies to cushion the damaging effects of the Coronavirus pandemic.

09 April 2020