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News/Blockchain
Funding for fintech companies around the world plummeted in 2016, with American and European firms experiencing a particularly sharp drop in investment, according to a report from KPMG and PitchBook which nevertheless predicts a bumper 2017.
21 February 2017
A new Alliance to promote the uptake of Ethereum as the foundation for running smart contracts in Fortune 500 enterprises is set to host its inaugural meeting in New York next week.
Company update/Blockchain
BABB App Ltd is creating a bank based on a “permissioned” blockchain implementation of a distributed ledger using Ethereum Smart Contracts banking platform, being developed by BABB Ltd.
20 February 2017
Digital currencies such as Bitcoin will not be safe without government intervention and are likely to be counterfeited, according to a Bank of Canada report drawing on the lessons off private bank notes in the 1800s.
The Euler Hermes Digital Agency (EHDA) has established a presence in London for the first time with the appointment of Raphael Caruso as Head of the Innovation Lab for Euler Hermes Northern Europe Region, based in the company’s Canary Wharf office in London.
17 February 2017
Registration has opened for EBAday 2017, Europe's pre-eminent payments conference and exhibition, which will be staged this year in Dublin.
Ripple's efforts to build an active ecosystem around its XRP digital asset has been boosted by a deal with virtual currency processor BitGo.
16 February 2017
Madrid-based online reputation startup Traity has launched a chatbot that uses an "open blockchain balance sheet" to provide micro-insurance for people carrying out P2P transactions
KPMG International and Microsoft Corp. have announced the launch of joint Blockchain Nodes, which are designed to create and demonstrate use cases that apply blockchain technology to business propositions and processes.
15 February 2017
SETL, the financial blockchain specialist, today announced the opening of its Global Engineering Centre in Ipswich, UK.
Mizuho Financial Group and Sumitomo Mitsui Financial Group have joined a $1.75 million funding round for Japan's biggest bitcoin exchange, bitFlyer, according to Nikkei.
14 February 2017
Deloitte today announced the completion of a blockchain project which was designed to demonstrate tangible and actionable options for assurance related to blockchain transaction data and infrastructure.
13 February 2017
Blockchain will become adopted in the financial post-trade area in three to five years, according to almost half (48%) of the membership base of the Post-Trade Distributed Ledger (PTDL) Group1.
EquiChain, a London-based Fintech company with an Asia regional office in Hong Kong, announces its working prototype for capital markets.
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.
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
Accenture (NYSE:ACN) has unveiled a patent-pending solution that simplifies the ability of blockchain technology to integrate with the industrial-grade security systems that support sectors including financial services, healthcare and government.
08 February 2017
Caxton launches blockchain technology today that will provide its clients cheaper, faster and more secure payments by providing trusted and regulated currencies and banking systems.
Stressing its technology credentials, Visa has opened a massive new office in Silicon Valley to house its data and research teams.
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
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