2020-10-14 00:20 |
The Italian Banking Association claims that about 100 local banks are now operating on a blockchain network designed to speed up interbank transactions and processes.
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A group of 42 Italian Banks has joined the Spunta blockchain project by the R3 blockchain network, which aims to reconcile the current traditional interbank process that banks use for transactions. The process has been referred to as ineffective and lacks a standardized procedure and communication method.
2020-10-16 01:12 | |
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Italian banks are rapidly migrating to the country’s official banking blockchain network, Spunta. The latest addition includes 42 new banks, which has raised the total number of banks operating on blockchain to around 100 institutions.
2020-10-14 11:50 | |
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The Saudi Arabian Monetary Authority has transferred funds to local banks using blockchain technology.
2020-6-9 16:01 | |
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Coinspeaker Samsung Joins Forces with Telcos and Banks for a Blockchain Consortium in South KoreaSamsung Electronics together with South Korean banks and telcos formed a consortium to create a new blockchain network.
2019-7-15 13:45 | |
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The Bitcoin resurgence, Facebook's Project Libra, and growing global economic uncertainty have put pressure on the banks. Banks must remain innovative or risk being disrupted. Can blockchain help?
2019-7-9 22:00 | |
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Several Irish banks are testing a new blockchain tool from Deloitte
2019-5-30 15:00 | |
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By CCN: According to Reuters sources, about 12 banks are investing in a blockchain ledger complete with digital cash. While it’s unclear which banks are currently participating in the $50 million project, a spokesman for Barclays told the news organization that “the Research & Development phase is coming to an end.
2019-5-17 05:58 | |
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Recently, IBM launched the blockchain world wire, and has letters of intent from over 50 banks. While this is interesting, the expectation is that most of these banks and other institutions will use stable coins to settle, even when using the stellar blockchain.
2019-3-27 11:26 | |
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Despite being initially created as the driving force behind cryptocurrencies, specifically Bitcoin, Blockchain technology has certainly come on leaps and bounds over the past decade. Not only is it the scaffolding through which thousands upon thousands of cryptocurrencies are now being created, but it has become the technology of choice for leading banks searching for […] The post Blockchain Use In Banks Is At An All-Time High, Here’s What We Know appeared first on CaptainAltcoin.
2019-1-29 11:26 | |
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Ping An, the Chinese insurance giant that built the eTradeFinance blockchain, is modifying the platform to give its 12 participating banks more control over customer relationships.
2018-12-3 08:00 | |
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Despite some of the bad press that cryptocurrency, and bitcoin in particular gets, we’ve seen tremendous interest from many traditional financial institutions and investors. The driving force behind this interest isn’t so much the cryptocurrencies themselves, as it is the technology that the industry is built on – Blockchain technology.
2018-11-2 22:01 | |
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J. P. Morgan’s Interbank Information Network (IIN), which started in collaboration with ANZ and the Royal Bank of Canada, now includes more than 75 banks, making it one of the largest consortium of banks involved in the utilization of distributed ledger technology.
2018-9-27 12:19 | |
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It seems that whenever members of the legacy financial establishment talk about Bitcoin these days its only to bash it in comparison to ‘Blockchain’, claiming that they can usurp the technology while ditching the cryptocurrency.
2018-7-31 16:05 | |
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An important group of European banks tested a blockchain based trading system that aims to make financial transactions more efficient. The banks were working with an IBM-powered blockchain platform.
2018-7-5 01:19 | |
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Government of Bermuda will amend Banks and Deposit Companies Act to allow innovation in the industry.
2018-7-4 18:23 | |
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The Bermuda Government, recently, passed a Digital Asset Business Act and an ICO Bill. The Government felt compelled to make changes to their Banking Act because they wanted to create a new class of banks that could work with emerging FinTech, cryptocurrency and blockchain startups.
2018-7-4 17:34 | |
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A group of European banks have conducted a series of cross-border financial trades via a jointly developed blockchain-powered platform. As it has been revealed in the announcement made by the European IBM-powered blockchain trading platform we.
2018-7-4 16:37 | |
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A group of European banks have conducted a series of cross-border financial trades via a jointly developed blockchain-powered platform. The post IBM Blockchain Hosts First Cross-border Trades Conducted by Major European Banks appeared first on CoinSpeaker.
2018-7-4 13:41 | |
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The news broke this morning that a group of European banks has completed the first live blockchain-based financial trades across borders via their jointly developed we.trade blockchain platform. Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? Julius_Silver / Pixabay Built on IBM’s Blockchain Platform and its Hyperledger […]
2018-7-4 08:16 | |
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Bermuda Interested In Creating Blockchain Centric Banks The British island territory is bidding to put its name on the map as an outlier destination for FinTech innovation, having recently passed an ICO Bill and Digital Asset Business Act to attract companies in the blockchain and virtual currency space. The upcoming amendment to the Banking Act […]
2018-7-3 22:51 | |
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A group of nine European banks have revealed that they have completed multiple real-time commercial trades via the blockchain technology. Opens Up New Trading Opportunities According to We. Trade, seven trade transactions have been completed by 10 companies across five countries.
2018-7-3 22:45 | |
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Reports out today highlight that a group of banks have successfully trialled and tested a blockchain based bank transfer. This news is especially important, as it includes large scale banks such as HSBC and Deutsche Bank and is the first occurrence of a test that has been carried out across borders, and through many banks, over the blockchain.
2018-7-3 17:30 | |
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A group of European banks announced that they have completed a series of cross-border financial trades through a jointly developed blockchain platform. According to an announcement on Tuesday, the live transactions on we.
2018-7-3 16:24 | |
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A new report titled “Virtual Currencies And Central Banks Monetary Policy: Challenges Ahead” by the Economic and Monetary Affairs Committee of the European Parliament is making headlines for presenting a supportive stance on digital currencies in the Eurozone.
2018-7-3 15:44 | |
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Last week saw the first trades on we.trade, a blockchain platform championed by major European banking institutions
2018-7-3 13:58 | |
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London's Blockchain Summit heard banks weigh the possible savings blockchain could bring to global trade – as well as noting the pain points.
2018-7-3 11:00 | |
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SmartCard Marketing Systems Inc has announced the release of its Blockchain solution offering Granularchain.com. SmartCard Marketing, Inc. (OTC:SMKG) is a Fintech solutions provider to the global payments industry delivering a cloud-based EMV Host platform to Issuing & Acquiring banks, telecoms & global enterprises Its Granularchain is a blockchain solution for creating digital ID keys for […]
2018-7-3 09:39 | |
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We.trade, the blockchain-based financial trade platform jointly developed by nine European banks, has completed first live cross-border transactions.
2018-7-3 08:00 | |
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We.trade, the blockchain-based financial trade platform jointly developed by nine European banks, has completed first live cross-border transactions.
2018-7-3 08:00 | |
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We.trade, the blockchain-based financial trade platform jointly developed by nine European banks, has completed first live cross-border transactions.
2018-7-3 08:00 | |
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The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
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The European Parliament’s Committee on Economic and Monetary Affairs received a Monetary Dialogue titled “Virtual Currencies and Central Banks Monetary Policy: Challenges ahead” recently. The EU Report was confident that cryptocurrencies are “unlikely to challenge the dominant position of sovereign currencies and central banks.
2018-7-2 20:59 | |
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Blockchain is the technology behind cryptocurrency, the elusive realm that powers the cryptocurrency markets. Whilst the blockchain was built for the purpose of replacing banks and the ‘middleman’ in financial transactions, the technology powering the blockchain has incredible implications elsewhere.
2018-7-2 17:30 | |
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The South African Reserve Bank (SARB), South Africa’s Central Bank, has concluded a multi-bank project to test bank-to-bank payment transfers using the Ethereum based platform, Quorum. Project Khokha is a collaboration of eight South African banks including SARB, Absa, Capitec, Discovery, Investec, FirstRand, Nedbank, and Standard Bank.
2018-7-1 01:00 | |
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39 financial firms and regulators worldwide have completed a KYC trial on R3’s Corda blockchain platform
2018-6-30 04:33 | |
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Trade.io is a crypto exchange that has been designed to provide an efficient, fair and safe marketplace for the trading of digital crypto assets. Based on blockchain, the platform banks on the immensely high speed, security and low cost of operations to provide services that outpace even the best exchanges today. Disclosure: This is a […]
2018-6-29 16:30 | |
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Several major banks are among the 39 companies that have tested R3’s blockchain platform Corda for a KYC application during a four-day pilot.
2018-6-29 12:59 | |
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The Swiss Finance Minister, Federal Councilor Ueli Maurer, has set-up a working group under the leadership of the Swiss Banking Association (SBA) to develop recommendations on how banks should deal with.
2018-6-28 18:00 | |
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The Indian banking sector will get a blockchain boost as one of the most prominent private sector banks, Kotak Mahindra, has now joined the RippleNet. The bank will be working on Ripple’s xCurrent platform to settle cross-border payments.
2018-6-28 15:59 | |
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Banks had seen a stronger customer base before the going of Bitcoin and other altcoins which made up the cryptocurrency world. Such a short duration of cryptocurrency emergence had seen their customer base reasons.
2018-6-28 15:26 | |
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Heinz Tannler, the Financial Director of Zug, the crypto valley of Switzerland, has called on the Swiss Bankers Association (SBA) to bring blockchain companies into the traditional banking sector.
2018-6-28 12:29 | |
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Blockchain technology has many benefits that lend themselves nicely to capital markets. As fears of disruption and job losses begin to subside, smart traders and asset managers are waking up to the possibilities.
2018-6-27 20:00 | |
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The National Securities Market Commission (CNMV), BME and six European banks are working together on a blockchain-based project called Fast Track Listing. The project’s goal is to reduce the amount of time and processes required to record the issuance of financial warrants.
2018-6-27 14:17 | |
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Exchanges Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Japan Confirms Entrance Into the Crypto Space Belfrics Resumes Trading Operations in India Belfrics, which claims to be “India’s fastest growing cryptocurrency exchange and blockchain development platforms,” announced on
2018-6-27 08:25 | |
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Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. For crypto maximalists, the idea of banks getting involved in cryptos is contrary to the very principles on which Bitcoin was created.
2018-6-26 21:04 | |
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Eight major European financial entities have announced they will work together on a blockchain tech project for recording the issuance of financial warrants, Spanish news outlet el Economista reports today, June 25.
2018-6-25 20:54 | |
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Eight European financial giants are working together on a blockchain system to track the issuance of warrants
2018-6-25 18:38 | |
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It is no secret that big banks have expressed the desire to attack the value and premise of bitcoin and blockchain since being first introduced in 2009. Many have referred to the two as a fraudulent threat to traditional banking systems.
2018-6-24 15:00 | |
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One of the largest crypto exchanges in India, ZebPay, announced that as of June 22, it could be stopping all withdrawals to fiat in Indian Rupee from its platform. This comes on the back of an April 5 declaration by the Indian government that all banks must stop acting as intermediaries between exchanges and their […] Indian Exchange ZebPay Stops Allowing Rupee Withdrawals; Broader Indian Crypto Ecosystem Under Pressure was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-6-23 14:28 | |
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