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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

416

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

378

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

633

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

343

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

371

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

428

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

350

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

316

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

492

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

518

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

313

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

357

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

260

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

484

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

499

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

1037

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

839

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

854

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

532

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

1286

PwC runs blockchain prototype for London insurance market

By Finextra

PwC has created a working blockchain prototype for the London Market Target Operating Model (TOM) Innovation Exchange.  (more…)

Blockchain, Fintech news, Global trends, Insurance

March 3, 2017

876

Blockchain Breakthrough: 47 Japanese Banks Complete Money Transfer Pilot Using Ripple

By CryptoCoins News

Blockchain is moving into production, claims Ripple CEO Brad Garlinghouse after a consortium of 47 Japanese banks completed a pilot implementation of Ripple’s technology. (more…)

Banks, Blockchain, Fintech news

March 3, 2017

3103

Ledger Fever: 95 Bitcoin & Blockchain Startups In One Market Map

By CB Insights

Bitcoin and blockchain companies are popping up in numerous sectors, including financial services, social, intellectual property, and IoT.

Funding to the sector has gone from almost no investment in 2012 to over $500M in each of the past two years. Corporations and their venture arms, especially those in financial services, have entered the fray in large numbers, looking to blockchain and distributed ledger solutions to address pain points that include data reconciliation, clearance, and settlement, among other issues. Major global banks and financial intermediaries are working closely with blockchain companies using the new technology to revamp legacy systems and infrastructure. (more…)

About, Analytics, Blockchain, Cryptocurrencies, Fintech news

February 28, 2017

561

Technology Startup JAAK Introduces Blockchain For Entertainment And Media Companies

By CryptoCoins News

A London-based startup called JAAK has developed a blockchain for the entertainment and media companies to capture, store and verify metada using both Ethereum and Swarm, according to A Journal of Musical Things. (more…)

Blockchain, Fintech news

February 28, 2017

468

Financial Markets Expert: Blockchain Will Eliminate Cash

First appeared at CryptoCoins News

Dr. Philippa (“Pippa”) Malmgren, the founder of DPRM Group, a London-based company that helps companies, investors and policymakers better understand how risk and prices move across the economic landscape, said blockchain signals the end of cash during the recent Cayman Alternative Investment Summit. (more…)

Blockchain, Cashless, Global trends, Influences FinTech

February 28, 2017

392

R3: ‘Corda Is Not A Blockchain And We Didn’t Say It Was’ As Critics Take Aim

By CryptoCoins News

In a recent blog, “When is a blockchain not a blockchain” R3 noted that its Corda product is a distributed ledger and not a blockchain, and that it was never stated as such. The blog was in response to public comments claiming that R3 has only recently recognized that blockchain technology will not address wholesale financial industry needs. (more…)

Banks, Blockchain, Fintech news, Global trends

February 28, 2017

407

How Government Organizations Can Set the pace for Blockchain Technology Adoption

By CryptoCoins News

All types of organizations stand to gain new benefits from blockchain technology, but governments are uniquely positioned to not only gain such benefits for themselves, but to help establish blockchain infrastructure that benefits all business and consumer sectors. (more…)

Blockchain, Fintech news, Global trends, Government activities

February 28, 2017

512

Korean Central Bank To Deploy R3’s Blockchain Proof Of Concept

By CryptoCoin News

The Bank of Korea plans to execute the R3 consortium proof-of-concept blockchain technology project. Kim Jung-hyuk, head of the e-finance planning team for the bank’s financial supervisory service, announced the project at the Digital Money 2017 conference, according to EconoTimes. (more…)

Blockchain, Fintech news, Government activities, Korea

February 24, 2017

643

Bitcoin P2P Lending Platform Bitbond Raises $1.2 Million in Equity Funding

By CryptoCoins News

Bitbond, a German peer-to-peer bitcoin loan platform closed an equity funding round of $1.2 million in new capital as it looks to fuel user growth in potential markets. (more…)

Blockchain, Cryptocurrencies, Fintech news, p2p/online lending

February 24, 2017