Latest Blockchain News: Finextra Research

China emerges as fintech powerhouse as UK dominance weakens

The UK's position at the centre of the fintech world is under threat as its top companies become overshadowed by Chinese giants, a new report from KPMG and H2 Ventures suggests.

25 October 2016

Company update/Blockchain

Sberbank joins Hyperledger Project

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today at Money20/20 in Las Vegas that 10 new members have joined the project to help create an open standard for distributed ledgers for a new generation of transactional applications.

24 October 2016

News/Blockchain

Coins raises $5m for blockchain-based financial inclusion push in SE Asia

Coins, a startup using blockchain technology to boost financial inclusion in Southeast Asia, has raised US$5 million in a Series A round led by a fund backed by non-profit Accion.

24 October 2016

News/Blockchain

UBS names Stephens to spearhead blockchain projects

UBS has named its former Apac CIO Peter Stephens as head of blockchain, replacing Alex Batlin who jumped ship last week to join BNY Mellon.

24 October 2016

Company update/Blockchain

Chain open sources distributed ledger platform

Chain, a provider of blockchain technology solutions, today released Chain Core Developer Edition, a free and open source version of its distributed ledger platform that enables organizations to issue and transfer assets on permissioned blockchain networks.

24 October 2016

News/Blockchain

CBA and Wells Fargo combine blockchain and IoT to revolutionise trade finance

Commonwealth Bank of Australia and Well Fargo are claiming a world-first interbank open account transaction using a blockchain and the Internet of Things for the shipment of goods across international borders.

24 October 2016

News/Blockchain

Synchrony Financial joins R3

Blockchain consortium R3's mission to extend its membership base across the full spectrum of financial services has been boosted by the arrival of US consumer finance outfit Synchrony Financial to its roster.

24 October 2016

News/Blockchain

Mizuho opens Tokyo innovation lab

Japan's Mizuho is the latest banking giant to set up an innovation lab as it bids to nurture a fintech ecosystem and build up relationships with startups.

24 October 2016

News/Blockchain

SBI Securities and IBM test blockchain for bond trading system

Japan's SBI Securities is working with IBM to test the use of blockchain technology for a new type of bond trading platform.

21 October 2016

News/Blockchain

Visa treads on Swift's toes with blockchain pilot for high value payments

Visa is working with blockchain outfit Chain on the development of a near real-time funds transfer system for high value bank-to-bank and corporate payments.

21 October 2016

Finextra TV/Blockchain

Blockchain won’t be as disruptive as people think

Cian Burke, Head of Securities Services, HSBC discusses why big data and data analytics still dominate conversations, and the effect distributed ledger technology may have on post-trade and operations.

21 October 2016

News/Blockchain

Banks test Ripple digital asset for cross-border payments

A dozen member banks of the R3 distributed ledger consortium have been trialling Ripple's network and native currency to tackle the costs and inefficiencies of interbank cross-border payments.

20 October 2016

Company update/Blockchain

Walmart to apply blockchain to supply chain

As Walmart (NYSE: WMT) opened its new Walmart Food Safety Collaboration Center in Beijing today, IBM (NYSE: IBM), Walmart and Tsinghua University announced a collaboration to improve the way food is tracked, transported and sold to consumers across China.

19 October 2016

Company update/Blockchain

Symbiont releases enterprise-ready distributed ledger

Symbiont today announced the release of a software development kit for Assembly, the permissioned distributed ledger component of Symbiont's smart contracts system.

19 October 2016

Company update/Blockchain

Fujitsu Labs works to secure blockchain transaction data

Fujitsu Laboratories Ltd. and Fujitsu Laboratories of America, Inc. have developed blockchain-based security technologies to safely and securely handle confidential data between multiple organizations.

19 October 2016

Company update/Blockchain

Wealth Migrate adds a blockchain to online marketplace

Today, Wealth Migrate became one of the first FinTech enabled online investment marketplace specializing in real estate transactions to integrate blockchain technology in a move that significantly enhances security and privacy protections for investors around the globe.

18 October 2016

Finextra TV/Blockchain

Speed, safety and transparency drive innovation

Benoit Dessere, Head of Cash Management, Societe Generale, discusses how innovation is enabling banks to meet customer demand for anytime, anywhere, any device services, and talks about why digitalised information such as e-signatures and e-documents will bring more immediate and significant advantages to cash management than blockchain.

18 October 2016

Finextra TV/Blockchain

We need a sustainable cadence with fintech

Leda Glyptis, Director, Sapient, talks about how emerging technologies are driving evolution in the fintech climate, and how financial institutions are reacting.

18 October 2016

News/Blockchain

Barclays and Citi test blockchain tech for equity swaps processing

A group of five major banks, working with Thomson Reuters, IHS Markit and Axoni, have carried out a successful test of blockchain technology and smart contracts to manage affirmations and post-trade lifecycle processing for OTC equity swaps.

18 October 2016

News/Blockchain

Abu Dhabi Securities Exchange uses blockchain tech for e-voting service

Abu Dhabi Securities Exchange (ADX) is using blockchain technology for a new e-voting system for shareholders accessing and participating in company annual general meetings (AGMs).

17 October 2016