Blockchain

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/Blockchain

SETL emerges from administration

Distressed blockchain settlement startup SETL has emerged from administration after its management bought the operating assets, the staff and IP rights of SETL Development (in Administration) Ltd, that is being wound down.

/Blockchain

PR9 unveils real-time trading and settlement for blockchain-based assets held in cold storage

The PR9 Network (PR9) has unveiled its real-time institutional trading and settlement platform for blockchain-based assets held in cold storage.

/payments

Bitspark money transfer platform goes live in beta using stablecoins

Bitspark, a bankless money transfer ecosystem, goes live with the beta version of its new web platform enabling people to easily deposit cash, cryptocurrency or via bank transfer and exchange money using stablecoins in eight major national fiat currencies (USD, GBP, SGD, HKD, AUD, CNY, PHP, EUR).

/Blockchain

Swiss blockchain incubation programme kicks off

This week, the first edition of the CV Labs Incubation Program has started in the heart of the Crypto Valley in Zug, Switzerland. Out of 500 applications, 12 startups were selected and have relocated to Zug for the ten-week program.

/Blockchain

Canada and Singapore central banks use blockchain for cross-border payments

The Bank of Canada and the Monetary Authority of Singapore (MAS) have used distributed ledger technology to send each other central bank digital currencies (CBDCs).

/Blockchain

Medici Ventures appoints Jeremy Smith CTO

Medici Ventures, the leading blockchain accelerator and subsidiary of Overstock.com, Inc. (NASDAQ:OSTK) announces its new appointment to its executive leadership team. Jeremy Smith, who formerly served as a development manager for Medici Ventures, has been named to the role of Chief Technology Officer

/Blockchain

Canadian bank-backed blockchain-based ID verification system launches

A Canadian blockchain-based digital identity verification network backed by the country's banking industry has gone live, giving people an easy way to share their personal information.

/Blockchain

SGX to move blockchain platform to Amazon Web Services

The Singapore Exchange is to port its investments in Hyperledger Fabric to Amazon Web Services as the big tech giant unveils its cloud-based Managed Blockchain network.

/Blockchain

Fenergo to deploy blockchain-based KYC utility in Bahrain

Fenergo has begun work with Bahrain’s Electronic Network for Financial Transactions (Benefit) to design and implement a national Know Your Customer (KYC) utility that incorporates blockchain technology.

/Blockchain

Boston Fed paper explores 'supervisory nodes' on blockchain networks

If blockchain technology become a major part of the financial service scene, regulators may have to start putting "supervisory nodes" on networks in order to properly monitor the industry and prevent future economic crises, says a Federal Reserve Bank of Boston paper.

/Blockchain

Bakkt acquires Digital Asset Custody Company, applies for NY trust company status

Long before I entered the world of crypto, I tested experimental aircraft in the U.S. Air Force. The high stakes environment of military flight test required every system and safeguard be checked and rechecked for safety and performance.

/wholesale

HSBC picks CGI trade finance tech

Banking giant HSBC is giving its global trade and receivables business a technology refresh with a new platform from CGI.

/Blockchain

Blockchain for precious metals startup Tradewind hires JPMorgan exec as CEO

Tradewind, a financial technology company digitizing precious metals with blockchain-based technology solutions, have appointed J.P. Morgan executive Michael Albanese as CEO.

/Blockchain

SBI chief Yoshitaka Kitao joins Ripple board

The Representative Director, President and CEO of SBI Holdings, Inc. Yoshitaka Kitao will be joining Ripple’s Board of Directors.

/Blockchain

Swift Business Forum Ireland 2019 - live blog

Welcome to Finextra's coverage of the Swift Business Forum Ireland 2019, live from Croke Park in Dublin. The day's agenda promises to explore how Irish financial institutions can capitalise on unprecedented technological change to deliver a truly digital customer experience.

/Blockchain

Jaguar Land Rover pays car owners cryptocurrency for driving data

Car maker Jaguar Land Rover is testing smart wallet technology that lets drivers earn cryptocurrency and make payments on the move.

/Blockchain

ABI Lab updates on progress of Italian DLT project Spunta

New technical tests are underway to check on the robustness of the platform and progress in the process with 37 nodes, 200 banks and 200 million data items.

/Blockchain

Marsh introduces proof of insurance blockchain platform

Insurance broker and risk adviser Marsh is rolling out a proof of insurance blockchain platform to US commercial clients.

/Blockchain

Comdex executes first settlement

Comdex has announced the successful execution of the first ever settlement on the Comdex platform in January 2019.

/Blockchain

Wirex to launch 26 fiat-backed stablecoins on Stellar Network

Wirex, one of the first UK FCA regulated providers of digital money solutions, has embarked on a ground-breaking new collaboration with Stellar to release 26 fiat-backed stablecoins for its 2 million+ users and 5000+ business clients.