Latest Blockchain News: Finextra Research

Absa becomes first African member of R3

Barclays' South African unit Absa is boarding the blockchain train, joining the R3 consortium and teaming up with several local banks in an effort to develop the continent’s first distributed ledger-based banking system.

12 July 2016

News/Blockchain

KBC develops blockchain-based app for cross-border SME trade

KBC has developed a blockchain application for managing, tracking and protecting domestic and international trade transactions between SMEs.

12 July 2016

News/Blockchain

IBM to open first 'Centre for Blockchain Innovation' in Singapore

IBM is to establish its first 'Centre for Blockchain Innovation' in Singapore, working in concert with the island city-state's Economic Development Board and Monetary Authority.

12 July 2016

Company update/Blockchain

Worldline and SnapSwap sign mobile money messenger partnership

Worldline, the European leader in the payments and transactional services industry and SnapSwap, an innovative fintech startup signed a partnership agreement for the mobile payment application Gloneta.

11 July 2016

Company update/Blockchain

Blockchain comes to Myanmar microfinance

Infoteria Corporation (TSE: 3853; hereinafter "Infoteria") and Tech Bureau Corporation (hereinafter "Tech Bureau") have successfully transferred loan and deposit account data in the main system of BC Finance, one of the largest microfinance institutions in Myanmar, to mijin (*1), the private blockchain (*2) placed on Microsoft Azure (*3) using ASTERIA WARP (*4) and mijin adapters (*5).

11 July 2016

News/Blockchain

UK govt tests use of distributed ledger tech to help benefit claimants track spending

The UK government is trialling the use of distributed ledger technology and a mobile app to help welfare claimants track what they are spending their benefit payments on.

08 July 2016

Company update/Blockchain

Bitcoin challenger YoCoin launches

Cryptocurrency has become a phenomenon that will not be going away anytime soon, and YoCoin is leading the charge to take cryptocurrencies mainstream and make them accessible to everyone.

07 July 2016

News/Blockchain

North Carolina passes blockchain-friendly virtual currency law

After 16 months of deliberation, North Carolina has enacted a blockchain-friendly bill with the passing of the North Carolina Money Transmitter Act.

07 July 2016

Finextra TV/Blockchain

Banks must figure out the ‘why’ of open APIs

Ronnie Mitra, ‎Director of API Design, API Academy, CA Technologies, talks about the impact of open APIs on banks’ customer relationships, the opportunity banks have to leverage accelerated interest in APIs due to PSD2, and the need for banks to work out why they are developing APIs – and for whom.

06 July 2016

News/Blockchain

Russian banks create blockchain consortium

A group of Russian banks have banded together to create a national blockchain consortium to rival the international R3CEV collective.

06 July 2016

Finextra TV/Blockchain

Private and public blockchains for trade finance

Gene Vayngrib, CEO & Co-Founder, Tradle, suggests that a private protocol over a public distributed ledger is an alternative to permissioned blockchains and centralised marketplaces in Trade Finance and Supply Chain, and predicts when startups will roll out mainstream products in financial services.

05 July 2016

News/Blockchain

Big banks back fintech and cybersecurity accelerator

Startupbootcamp is to run a combined fintech and cybersecurity accelerator programme in Amsterdam with the backing of Rabobank, ING, ABN Amro, SNS Bank, PwC, NN Group, Delta Lloyd and Athlon.

05 July 2016

News/Blockchain

Holland's financial institutions to get 'blockchain development campus'

The Dutch Central Bank is supporting the creation of a 'blockchain development campus' for banks to congregate and share knowledge on the the application of distributed ledger technology in the financial services arena.

04 July 2016

Company update/Blockchain

Chinese financial firms form blockchain consortium

Blockchain is the cutting edge in the internet finance technology(FINTECH); it will have a huge impact on the financial business model and financial technology framework.

01 July 2016

Company update/Blockchain

IBM joins Chamber of Digital Commerce blockchain association

The Chamber of Digital Commerce (“Chamber”) welcomes the addition of IBM to its Executive Committee membership.

30 June 2016

News/Blockchain

JPMorgan embraces fintech startups through 'in-residence' programme

Eschewing the usual accelerator route, JPMorgan is setting up an 'in-residence' programme for fintech startups, inviting them to spend six months side-by-side with the banking giant working together on digital answers to the industry's most pressing questions.

30 June 2016

News/Blockchain

Credit Mutuel Arkea applies blockchain tech to verify customer IDs

Credit Mutuel Arkea has completed a pilot of an operational permissioned blockchain network to verify customer bona fides in compliance with Know Your Customer (KYC) requirements.

30 June 2016

Company update/Blockchain

Chamber of Digital Commerce adds DTCC's Mark Wetjen to board of advisors

Today the Chamber of Digital Commerce (“Chamber”) announces the appointment of Mark Wetjen of The Depository Trust & Clearing Corporation (“DTCC”) to its Board of Advisors.

29 June 2016

Company update/Blockchain

Banco Bradesco joins R3 blockchain consortium

Banco Bradesco, one of the biggest banking and financial services companies in Brazil, has joined financial innovation firm R3’s partnership to design and apply distributed and shared ledger-inspired technologies to global financial markets.

28 June 2016

Company update/Blockchain

IBM opens Bluemix garage in New York

IBM (NYSE: IBM) today announced the opening of an IBM Bluemix Garage in New York City, which will help power the city's growing concentration of developers, entrepreneurs, and fintech companies with cloud and blockchain.

28 June 2016