Latest Blockchain News: Finextra Research

Bank of Canada DLT experiment raises PFMI questions

The Bank of Canada's experimental effort to build a wholesale payment system using a DLT-based settlement asset has thrown up concerns about whether the technology can meet international standards for systemically important payments infrastructure.

13 February 2017

News/Blockchain

Blockchain will change everything, but only if we can find the right talent

On the one hand, financial services executives believe distributed ledger technology will have a transformative impact on the industry within the next three-to-five years, yet on the other a serious shortage of blockchain talent is threatening to impede real-world deployment. That's the conclusion of the two distinct pieces of research conducted by Bain and Tabb Group.

09 February 2017

News/Blockchain

Visa bids to strengthen Silicon Valley ties with new Palo Alto site

Stressing its technology credentials, Visa has opened a massive new office in Silicon Valley to house its data and research teams.

08 February 2017

News/Blockchain

IBM and Dubai Government initiate blockchain logistics initiative

IBM is collaborating with Dubai Customs, Dubai Trade and its IT provider Dutech, to explore the use of blockchain technology for the import and re-export process of goods in and out of Dubai.

07 February 2017

News/Blockchain

Esma cautions against large-scale application of distributed ledger tech

The European Securities and Markets Authority (Esma) warns that any large-scale use of distributed ledgers across the financial services sector would first need to address a number of key challenges in terms of interoperability, governance and privacy issues and risk creation.

07 February 2017

News/Blockchain

Credit Suisse taps R3 for blockchain-based hackathon

Credit Suisse has carried out a global hackathon to find ways in which the R3 Corda distributed ledger platform can be used to make big cost savings.

07 February 2017

News/Blockchain

Ripple lands first Middle Eastern bank

The National Bank of Abu Dhabi (NBAD) has become the first bank in the Middle East to use the Ripple protocol for cross-border payment transactions, joining a growing list of banks around the world adopting the technology.

01 February 2017

News/Blockchain

Former Fed staffer fined for using server to mine bitcoin

A former Federal Reserve employee has been sentenced to 12 months' probation and fined $5000 for installing software on a Fed server to use its computing power to earn bitcoins.

01 February 2017

News/Blockchain

Pan-European securities issuance and DLT on ECB agenda

The European Central Bank is pondering the creation of a pan-European service for issuance of securities - and the potential role of distributed ledger technology in bringing the vision to reality.

31 January 2017

News/Blockchain

Machine intelligence to transform industry - Nasdaq chief

Machine intelligence, not blockchain or cloud technology, will have the biggest impact on the exchange industry, predicts new Nasdaq CEO Adena Friedman.

31 January 2017

News/Blockchain

ING aims to take blockchain experimentation to the next level

Dutch bank ING says it has conducted 27 proofs of concept of the application of blockchain technology in six business areas, including payments, trade finance and working capital solutions, financial markets, bank treasury, lending, and compliance and identity.

31 January 2017

News/Blockchain

BNY Mellon backs plan for blockchain IoT protocol

The Bank of New York Mellon is one of several Fortune 500 firms teaming up with a host of distributed ledger technology startups to work on a blockchain-based Internet of Things protocol.

30 January 2017

News/Blockchain

Chinese central bank tests digital currency system

The People’s Bank of China (PBOC) has completed a successful trial run of a digital bank acceptance exchange, moving it closer to becoming the first central bank in the world to research and test its own digital currency, according to media agency Caixin.

26 January 2017

News/Blockchain

Hong Kong exchange ponders blockchain in settlement overhaul

The Hong Stock Exchange has laid out plans for a major overhaul of its technology infrastructure, culminating - inevitably - in a pledge to explore the potential of blockchain technologies and cloud computing in the post-trade arena.

26 January 2017

News/Blockchain

Commonwealth Bank of Australia issues government bond on blockchain

Commonwealth Bank of Australia has issued a cryptobond for Queensland Treasury Corporation in the first trial run of the bank's private, permissioned blockchain platform for the end-to-end issuance of bonds.

25 January 2017

News/Blockchain

Nasdaq hails Estonian blockchain pilot for proxy voting

Nasdaq has successfully completed a proof-of-concept using blockchain technology to streamline proxy voting on companies listed on its Tallinn Stock Exchange, hinting that a wider rollout could be in the pipeline.

24 January 2017

News/Blockchain

Deutsche Börse looks for collateral shift with 'CollCo' digital coins

Deutsche Börse has filed a patent for a new way of shifting collateral among banks using tokenised digital coins.

23 January 2017

News/Blockchain

EU watchdog tells FS firms to focus on blockchain security risks

Financial services firms rushing to adopt blockchain need to make sure that they address the security challenges associated with the technology, the European Union Agency for Network and Information Security (Enisa) has warned.

23 January 2017

News/Blockchain

China's Ant Financial goes global in bid for two billion users in 10 years

Ant Financial, the payments unit of Chinese Web giant Alibaba, is looking into the use of blockchain technology as it sets its sights on boosting its user numbers to two billion people within the next decade.

20 January 2017

News/Blockchain

SocGen builds startup database

French bank Societe Generale is setting up an internal platform, dubbed Startup Radar, where staffers can access information about experimental projects and recommend interesting fintech firms.

20 January 2017