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Blockchain
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130

Naspers leads $5 million round in Coins

By Naspers

Coins, Southeast Asia’s leading blockchain-enabled mobile payments platform, announced today the closing of a $5 million fundraise led by Naspers through its Naspers Ventures division, bringing the total amount raised in its Series A to over US$9.4M. (more…)

Blockchain, Deals, Hotnews, InspirAsia

May 25, 2017

We Are Witnessing Brilliant Example of Crowd Intelligence: Sasha Ivanov on ICOs

By Sasha Ivanoff for Cointelegraph

Since the beginning of 2017, we have seen a growth of the ICO market, with ICOs becoming more reckless. (more…)

Blockchain, Cryptocurrencies, Global trends

May 25, 2017

Waves Launches Euro Gateway

Waves Platform, a decentralized platform for launching crowdfunding campaigns and issuing digital assets, says it has launched its flagship Euro gateway. The Waves Platform completed its Initial Coin Offering (ICO) in June 2016, garnering more than $16 million (30,000 BTC) and becoming one of the most successful blockchain projects in terms of crowdfunding investment. Waves is said to be the largest Blockchain project in Russia. (more…)

Blockchain, Hotnews

May 24, 2017

127

Banks pour $107M into blockchain consortium R3

By Penny Crosman for American Banker

R3, the bank consortium that’s building a distributed ledger specifically for financial institutions, received its first wave of funding Tuesday morning — a cool $107 million from 40 of its backers. (more…)

Blockchain, Cryptocurrencies, Deals, Hotnews

May 23, 2017

108

Indian Bank Kotak Mahindra Implements Blockchain in Trade Finance

By CCN,

Kotak Mahindra Bank, one of India’s largest private banks, has successfully completed an end-to-end trade finance transaction with a client over a blockchain. (more…)

Banks, Blockchain, Government activities, Hotnews

May 18, 2017

149

Blockchain ICO Funding Gains Steam Vs VC Investment

Token offerings hit their highest funding point last quarter, with 10+ deals totaling about $70M. (more…)

Blockchain, Deals, Global trends

May 15, 2017

221

Bitbond Gains $5.4 Million Debt Commitment and Undisclosed Equity Investment

By Julie Munh for Finovate

Peer-to-peer small business financing platform Bitbond announced today it has received a debt commitment from Obotritia Capital, which has agreed to fund $5.4 million worth of loans on its platform. Obotritia has also invested an undisclosed amount of equity in Bitbond, whose current funding now totals more than $2.14 million. (more…)

Blockchain, Fintech news, Global trends, Hotnews

May 11, 2017

399

Blockchain and Supply Chain Finance: the missing link!

By Carlo de Meijer for Finextra

Whereas the focus on the use of blockchain long time has been on payments and securities, an important but still undervalued use case has been supply chain finance. But that is changing. The complexity and scale of existing supply chain finance solutions has posed major challenges in ensuring adequate funding and efficient operations.  According to some blockchain technology has the potential to be a game-changer for supply-chain finance.  Let’s have a look. (more…)

Blockchain, Cryptocurrencies, Fintech news, Global trends

May 9, 2017

189

Investing In Blockchain Assets Through Hedge Fund: Pros and Cons

By Alicia Naumoff for CCN

Blockchain assets have emerged as a new class of digital assets allowing investors to get rewards at the protocol level. Blockchain assets have lately been going hand in hand with the concept of ICO, which on the one hand represents a quite efficient fundraising instrument for entrepreneurs around the world. On the other hand, it offers the broad public an opportunity to invest into a new business, eventually getting benefits, depending on the success of that business of course. (more…)

Blockchain, Global trends, Hotnews

May 3, 2017

Emirates NBD integrates blockchain tech into cheques

Emirates NBD is embarking on a pilot that will see it use blockchain technology to boost the security of its cheques. (more…)

Blockchain, Deals, Fintech news, Global trends, Hotnews

May 2, 2017

250

JPMorgan formally quits R3

JPMorgan Chase has formally exited blockchain consortium R3, following in the footsteps of fellow titans Goldman Sachs and Banco Santander who split last November. (more…)

Banks, Blockchain, Fintech news, Global trends

May 1, 2017

183

Mizuho to go live with DLT-based trade finance application

Mizuho Bank is preparing to conduct its first live trade financing transactions over a distributed ledger developed in association with IBM. (more…)

Banks, Blockchain, Global trends, Government activities

April 26, 2017

439

Spotify acquires Mediachain to develop blockchain technology that matches royalties with rightsowners

By Paul Sawers for VB

Spotify has acquired Mediachain, a New York-based startup behind an open source peer-to-peer database and protocol for registering, identifying, and tracking creative works across the internet. Terms of the deal were not disclosed. (more…)

Blockchain

April 26, 2017

217

BBVA runs live funds transfers over Ripple

BBVA has run its first live cross-border transaction using the Ripple protocol. (more…)

Banks, Blockchain

April 24, 2017

232

Coinbase plans Ethereum messaging app

Bitcoin exchange and virtual wallet operator Coinbase is bidding to emulate China’s hugely popular WeChat through a new unit that will offer a secure messaging app, an Ethereum wallet and a browser for Ethereum apps. (more…)

Blockchain, Deals, Hotnews

April 21, 2017

221

Blockchain startup Factom raises $8m

Factom, Inc., a blockchain as-a-service (BaaS) technology company has closed their Series A funding at $8,029,796 USD following the launch of its mortgage product, Factom Harmony. (more…)

Blockchain, Deals, Global trends, InspirAsia

April 20, 2017

216

BNP Paribas and AXA co-operate on blockchain-based fund distribution platform

BNP Paribas is working with AXA Ivestment Managers on the deployment of a blockchain-based fund distribution platform using smart contracts to ease the flow of information between buyers and sellers. (more…)

Banks, Blockchain

April 20, 2017

150

Blockchain startup Chain appoints Goldman Sachs Managing Director as President

Chain, Inc., a U.S.-based blockchain startup, has announced that Goldman Sachs Managing Director Tom Jessop is joining the company as President, effective immediately. (more…)

Banks, Blockchain

April 18, 2017

316

Ant Financial is planning to double-down on blockchain, focussed on data credibility

By Kevin McSpadden for e27.com

Jack Ma’s fintech giant Ant Financial is planning to increase its emphasis, and use, of blockchain technology in an effort to provide more trustworthy data to its user base, according to a report in the South China Morning Post. (more…)

Blockchain, Deals, Fintech news, Global trends, Hotnews

April 11, 2017

316

Qatar Commercial Bank Completes International Money Transfer Blockchain Pilot

By Samburaj Das for CCN

Commercial Bank, a private Qatari bank has revealed the successful completion of an initial blockchain pilot enabling international funds transfers with a number of banks in the region and beyond. The offering could have a significant impact on outward remittances in a country that houses a large population of working immigrants from a number of regional nations. (more…)

Banks, Blockchain, Global trends, Hotnews

April 11, 2017

148

Matchpool Crowdfund Raises 90% Of Goal on the First Day

By William Suberg for CoinTelegraph.com

The Ethereum matchmaking platform Matchpool has raised over 90 percent of its crowdfunding target in 24 hours. (more…)

Blockchain, Cryptocurrencies

April 4, 2017

174

Ledger grabs $7 million for its cryptocurrency hardware wallets

By Romain Dillet for Techcrunch.com

Things are going incredibly well for Ledger these days. People find bitcoins, ethers and other cryptocurrencies exciting again. And the French startup just raised a $7 million Series A round to make hardware security devices ubiquitous. (more…)

Blockchain, Cryptocurrencies

April 1, 2017

126

Spanish Banking Giant BBVA Now a Member of Hyperledger Blockchain Project & Linux Foundation

By Samburaj Das for CCN

Spanish multinational banking group BBVA becomes the latest financial institution to join the Hyperledger Project, a cross-industry blockchain collaborative with open-source principles led by the Linux Foundation. (more…)

Banks, Blockchain, Cryptocurrencies, Global trends, Hotnews

March 30, 2017

Build a private blockchain ecosystem in minutes with this open source project

A new open source project called YobiChain enables anyone to build a private blockchain ecosystem preloaded with development tools, database, web & FTP servers and a simple blockchain application. Within minutes. (more…)

Blockchain, Fintech news, Global trends

March 26, 2017

343

SAP Ariba Will Use Blockchain to Track Shipments, Ensure Authenticity

By Tom Groenfeldt for Forbes,

SAP Ariba, which connects 2.5 million buyers and sellers around the world through its network, today announced it will offer blockchain record-keeping across its cloud-based applications and business network. (more…)

Blockchain, Global trends, Hotnews

March 23, 2017

338

MAS Conclusion about Distributed Ledger Technology in Securities Settlement and Cross Border Payments

By FintechNews.Sg

The Monetary Authority of Singapore (MAS) today announced the successful conclusion of the proof-of-concept project to conduct domestic inter-bank payments using distributed ledger technology (DLT). The project, in partnership with R3 and a consortium of financial institutions, was first announced on 16 November 2016 by MAS. (more…)

Blockchain, Cryptocurrencies, Government activities, InspirAsia

March 22, 2017

852

Govt-Backed ‘Crypto Valley Association’ Launches in Switzerland

By CryptoCoins News

Fintech-friendly Switzerland sees the launch of a new non-profit blockchain advocacy and development group with the launch of the Crypto Valley Association, backed by the government. (more…)

Blockchain, Fintech news, Global trends, Government activities, Payment processors/providers/gateways

March 3, 2017

651

PayThink Blockchain payments can help banks play innovation catch up

By Artem Tymoshenko for Payments Source

One area that has lagged in innovation is the financial services industry.  (more…)

Analytics, Banks, Blockchain, Payment processors/providers/gateways

March 3, 2017

695

Banks are sold on blockchain, concerned about collaboration

By Penny Corpsman for AmericanBanker

Several ideas are emerging about the adoption of blockchain in the financial services industry that are quite different than what anyone would have predicted two or three years ago.  (more…)

Banks, Blockchain, Fintech news

March 3, 2017

378

Why China’s $60 Billion Alipay is Recruiting Blockchain Engineers, Experts

By The CoinTelegraph

China’s Alibaba, one of the world’s largest e-commerce company valued at $256 bln and its $60 bln financial arm Alipay are recruiting Blockchain experts to actively look into the potential of Blockchain technology.

(more…)

Blockchain, Fintech news, Payment systems

March 3, 2017