Latest Blockchain News: Finextra Research

Sweden's central bank prepares for cashless future with e-krona

Sweden's central bank is pushing ahead with plans to build a technical framework for the issuance of a new electronic currency, the e-krona.

26 October 2018

News/Blockchain

German central bank sees positive results from blockchain settlement trials

Deutsche Bundesbank and Deutche Bourse are backing the application of blockchain technology in the settlement arena, following a successful trial run using Hyperledger Fabric and the Digital Asset platform.

25 October 2018

News/inclusion

Money 20/20 Day Four: The unconscious bias inhibiting diversity and inclusion

Taking a step back from innovation for the day, this year’s Money 20/20 Las Vegas event concluded with banking executives and fintech players sharing their personal experiences of the financial services industry.

24 October 2018

News/Blockchain

Money 20/20 Day Three: Liberating cryptocurrency for an Internet-style revolution in payments

Litecoin’s Charlie Lee contradicted popular belief on day three of Money 20/20 by stating that cryptocurrency encourages free movement of money and blockchain advocates should expect a positive change in privacy protocol, as fungibility is the only missing component for widespread adoption.

24 October 2018

News/Blockchain

Sibos: Blockchain to the fore with Voltron; Accenture makes DLT interoperability play

Voltron, a coalition of banks building a blockchain-based network for automating Letters of Credit and trade finance documentation, has thrown open its doors to other banks and corporates ahead of a planned roll out in 2019.

23 October 2018

News/Blockchain

DLT can help banks boost regulatory compliance - Euro Banking Association

Distributed ledger technology has huge potential to improve regulatory compliance processes, according to a report from the Euro Banking Association.

23 October 2018

News/Blockchain

National Bank of Canada and CGI pilot blockchain for trade finance

National Bank of Canada has teamed up with tech giant CGI to pilot a blockchain platform for negotiating standby letters of credit and guarantees.

23 October 2018

News/payments

Bank of Canada asks: Is a cashless society problematic?

If the long-predicted cashless society ever materialises it will be unlikely to cause material system-wide problems, according to a Bank of Canada paper, which nevertheless warns that options such as central bank digital currencies might be needed to tackle operational reliability and contestability issues.

23 October 2018

News/Blockchain

NTT Data plans pan-Asian federated trade information platform based on blockchain

NTT Data has completed proof of concept phases including 14 Japanese logistics and financial companies, and interoperability with Singaporean and Thai national trade and customs platforms, as part of its plans to create an international trade data sharing platform.

22 October 2018

News/Blockchain

ABN Amro launches container logistics blockchain pilot

ABN Amro is working with the Port of Rotterdam Authority and Samsung SDS on a container logistics blockchain pilot.

19 October 2018

News/regulation

Global regulatory alignment needed to benefit from tech advances - Deutsche Bank

The potential of open APIs, cloud, blockchain and AI to transform the financial services sector will only be realised if regulators keep up and accept the "new realities" created by emerging technologies, argues a new Deutsche Bank white paper.

19 October 2018

News/Blockchain

Goldman Sachs invests in BitGo

Goldman Sachs and an investment firm set up by billionaire Michael Novogratz have invested in BitGo, a startup promising to help institutional investors securely store their cryptocurrency.

18 October 2018

News/Blockchain

NatWest hooks up to blockchain-based syndicated lending platform

NatWest has become the first bank to go live on Fusion LenderComm, a distributed ledger technology (DLT) platform for the syndicated loan market developed by a consortium of banks in collaboration with Finastra and R3.

18 October 2018

News/Blockchain

DTCC study shows DLT can support trading volumes in US equity markets

The use of distributed ledger technology in the US equity markets could be a viable option, a DTCC benchmark study suggests, with the tech proving that it can process more than 100 million trades a day.

16 October 2018

News/Blockchain

With Brexit looming, Coinbase opens Dublin office

American cryptocurrency exchange Coinbase is opening a Dublin office as it looks to gear up its European operations before the UK leaves the EU next year.

16 October 2018

News/Blockchain

Moneynetint signs on with Ripple

UK e-money outfit Moneynetint has become the latest firm to sign up for Ripple's blockchain-based instant payments rails.

16 October 2018

News/Blockchain

Swiss stock exchange takes stake in digital asset startup PassOn

The Swiss stock exchange has taken a minority stake in pre-ICO start-up PassOn AG as part of its strategy to build a digital asset custody ecosystem.

15 October 2018

News/Blockchain

Clearmatics raises $12 million for blockchain R&D

Blockchain R&D firm Clearmatics has raised $12 million as it prepares for the launch of a Protocol Provider service next year to support the go-to-market of the Utility Settlement Coin Project, a consortium of 17 banks and financial institutions creating a new digital cash instrument collateralised by central bank money.

11 October 2018

News/Blockchain

CBA and CSIRO test the use of blockchain-based 'smart money'

Commonwealth Bank of Australia and the nation's scientific research agency CSIRO are tesing the use of blockchain technology to help citizens manage payments made to the National Disability Insurance Scheme (NDIS).

09 October 2018

News/Blockchain

Austrian government notarizes EUR1.15bn bond auction using blockchain

The Austrian government has enlisted Oesterreichische Kontrollbank (OeKB) to notarize the auction of a EUR1.15 billion government bond using the ethereum blockchain.

08 October 2018