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Bank Of China and UnionPay Partner To Develop Blockchain Payment System
Bank Of China Explores Blockchain Payment System With Help of UnionPay The bank of China has recently made a partnership with the China UnionPay corporation. The announcement of the partnership happened on August 15 and it states that both parties will get together in a joint venture to explore the possibilities of the blockchain technology […] дальше »
2018-8-18 20:09 | |
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Coinbase Seeks Patent for Security-Enhanced Bitcoin Payment System
U. S. -based digital currency exchange Coinbase has filed a patent on a new Bitcoin payment system designed to make cryptocurrency payments safer. The new platform will provide an added layer of security for users’ keys and allow them to make Bitcoin payments directly from their digital wallets. дальше »
2018-8-18 00:52 | |
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Google and Blockchain Distributed Ledger Technology Investments are Eye Opening
Google Has Quietly Become the Second Largest Corporate Investor in Blockchain Technology Is Google secretly developing blockchain technology? That’s the claim made by blockchain investment bank NKB Group in a report from earlier this week. дальше »
2018-8-18 00:12 | |
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Bank of Montreal Looks To Blockchain For Fixed Income Issuance
BMO hopes that Blockchain technology can help reduce the costs associated with fixed income markets.
дальше »2018-8-17 00:06 | |
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Bank of Montreal Tests Canadian Debt Issuance on Blockchain
Another trial of blockchain technology for fixed income markets has reportedly been carried out by the Bank of Montreal in partnership with the Ontario Teachers’ Pension Plan. According to Bloomberg, the latest trial involved the movement of a Canadian-dollar debt deal over blockchain. дальше »
2018-8-15 22:02 | |
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EY Team Wins European Investment Bank’s 48 Hour Blockchain Hackathon
EY Team Wins European Investment Bank Blockchain Hackathon As per Finextra, programmers from EY won the top prize for the recently concluded blockchain hackathon conducted by the European Investment Bank (EIB). дальше »
2018-8-15 20:33 | |
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Why blue-chip companies are turning to the blockchain for Cybersecurity
Large corporates are utilising blockchain technologies to remove the ‘central point of failure’ conundrum One of the world’s largest suppliers to the steel industry has announced its decision to utilise blockchain technology in an attempt further secure its data networks. дальше »
2018-8-15 14:13 | |
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Winners Emerge in the European Investment Bank (EIB) Blockchain Hackathon
According to a Finextra report on August 13, 2018, a team of programmers from EY have won the distributed ledger technology (DLT) hackathon organized by the European Investment Bank (EIB) aimed at formulating fail-proof methods to redesign the transaction processing of commercial paper with blockchain technology. дальше »
2018-8-14 18:00 | |
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Australia: World Bank-Backed Financial Bond Introduced, Blockchain Technology Making Huge Inroads Down Under
The Commonwealth Bank of Australia (CBA) was awarded the rights to issue and operate financial bonds solely powered by blockchain technology, as reported by mortgagebusiness on July 13, 2018. World’s First Blockchain Bond Termed the world’s first bond “created, allocated and managed using blockchain technology,” the CBA holds the distinction of being selected by the World Bank to pilot the. дальше »
2018-8-14 00:00 | |
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World Bank Group and Australlia’s CommBank Issue Blockchain Bond using bond-i
Australia’s Commercial Bank (CommBank) has partnered with the World Bank Group to offer a bond over the blockchain technology. In a statement released on Friday, the bank which is among the top four largest commercial banks in Australia informed the public about the partnership. дальше »
2018-8-10 23:03 | |
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World Bank Chooses CBA to Be the First and Sole Arranger of Blockchain Bond
Called bond-i, which stands for Blockchain Offered New Debt Instrument, the bond will become the first one to be managed completely with blockchain technology. The post World Bank Chooses CBA to Be the First and Sole Arranger of Blockchain Bond appeared first on CoinSpeaker. дальше »
2018-8-10 18:06 | |
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Australia’s Biggest Bank Launches World’s First Blockchain Bond With World Bank
Australia has maintained a Blockchain-friendly position with its government-backed exploration of Blockchain technology for various applications. Now, it is getting ready to issue the world’s first Blockchain bond upon being mandated by the World Bank. дальше »
2018-8-10 16:55 | |
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First Cryptocurrency bank of Australia to be built by the CEO of Finder
Australia is one of the foremost countries to accept blockchain technology and cryptocurrencies, says recent reports. The latest addition to the bandwagon is Fred Schebesta, an Australian entrepreneur and Co-Founder of comparison website, Finder. дальше »
2018-8-8 01:57 | |
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Learn How RippleNet Has Transformed The Lives Of Workers In Japan
Learn how SBI Remit and Siam Commercial Bank partnered on RippleNet to deliver better remittance services and lower fees for Thai workers living in Japan. https://t. co/S2y43ZOKZ0 — Ripple (@Ripple) 3 August 2018 In partnership with SBI Holdings, via the RippleNet solution, remittance payments to Thai workers within Japan have been totally reformed, creating a faster and more accurate payment service that is proving to be very beneficial to those workers within Japan who are benefitting from the technology. дальше »
2018-8-6 13:00 | |
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Bitcoin Magazine’s Week in Review: Challenging the Way It’s Always Been Done
This past week, we talked to three security experts about how to design smarter and more secure smart contracts. Google is dipping its toe in the blockchain waters by introducing integrations for applications built with Ethereum and Hyperledger. дальше »
2018-8-5 16:08 | |
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XRP To Be Added To Canada’s Leading Cryptocurrency Exchange
XRP is set to be added to Coinsquare, one of the biggest cryptocurrency exchange platforms in Canada. This is exciting news, especially as it falls in line within a period that is seeing extensive research carried out by the Canadian Central Bank into cryptocurrencies and blockchain technology. дальше »
2018-8-3 23:00 | |
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Australia’s Commonwealth Bank Completes Global Trade Pilot Test Using the Ethereum Blockchain
According to the Commonwealth Bank of Australia (CBA), the CBA and five Australian and international supply chain companies have successfully shipped seventeen tonnes of almonds from Sunraysia in Victoria, Australia to Hamburg, Germany, using a blockchain-based platform built on Ethereum. дальше »
2018-8-2 11:23 | |
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China: Prominent Bank Issues $300,000 Loan Using Blockchain Technology
On July 31, 2018, the Agricultural Bank of China (ABC) revealed it had successfully completed a $300,000 loan using a private blockchain. Loan Issuance Via Blockchain As reported by Chinese outlet Financial News, ABC’s Guizhou bank branch was the facilitator of this development. дальше »
2018-8-2 06:00 | |
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Australia’s Commonwealth Bank Completes Global Trade Pilot Test Using the Ethereum Blockchain
According to the Commonwealth Bank of Australia (CBA), the CBA and five Australian and international supply chain companies have successfully shipped seventeen tonnes of almonds from Sunraysia in Victoria, Australia to Hamburg, Germany, using a blockchain-based platform built on Ethereum. дальше »
2018-8-2 21:35 | |
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Agricultural Bank of China Uses Blockchain For $300,000 Farm Loan Mortgage Issuance
Agricultural Bank of China Proposes Blockchain Technology for Farming Mortgage Loans According to Chinese news platform, financialnews. com. cn, the country’s largest bank, Agricultural Bank of China (ABC) has invested nearly 2 million yuan into potentially using blockchain technology to better collect and store information. дальше »
2018-8-1 10:01 | |
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Commonwealth Bank Boasting Blockchain-Enabled Global Trade Platform
In-house blockchain technology solutions continued to permeate supply chains as Australia’s Commonwealth Banks has successfully conducted a high-profile shipping experiment. ‘Agile, Efficient and Transparent’ Australia’s Commonwealth Bank has successfully shipped and tracked seventeen tonnes of almonds in a blockchain-based collaboration with five domestic and international supply chain leaders. дальше »
2018-8-1 01:00 | |
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More Than a Ledger: How Blockchains Will Democratize Wealth
To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate. дальше »
2018-7-31 21:27 | |
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Australian Bank Utilizes Ethereum for Cross-Border Shipments
A 17-ton, cross-border container of almonds was successfully transported from Australia to Germany utilizing the Ethereum blockchain, in a collaborative move between Commonwealth Bank of Australia (CBA) and five logistics organizations. дальше »
2018-7-31 17:00 | |
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Everex and Myanmar Bank Partner For Blockchain Remittance Payment Service
Singapore Company Enables Instant Blockchain Remittance For Myanmar Migrant Workers In Thailand A Singapore-based technology firm called Everex has recently partnered with the Myanmar’s Shwe Bank to introduce a service of remittances between Myanmar and Thailand powered by the blockchain technology. дальше »
2018-7-31 10:44 | |
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Commonwealth Bank of Australia (CBA) Pilots Blockchain Trade Shipment Across Borders
Commonwealth Bank of Australia Claims Success In Its Global Trade Blockchain Trial Banks around the world are starting to use the blockchain technology to make cross-border transfers. Now it was the time of the Commonwealth Bank of Australia (CBA) to use cross-border shipments with the blockchain technology to track the goods that were being carried […] дальше »
2018-7-31 09:36 | |
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An Australian Blockchain Experiment: Tracking Global Almond Shipments
Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain. дальше »
2018-7-31 23:13 | |
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Australian Bank Completes Blockchain-Based Logistics Trial to Send Almond Shipment to Germany
The Commonwealth Bank (CBA) announced on July 30, 2018, the successful completion of a test shipment utilizing blockchain technology to track the end-to-end supply of an almond crate. Almonds Meet Blockchain As stated in an official post, CBA sent over 37,000 pounds of almonds to Germany from an Australian port while tracking the entire process using a mobile application. дальше »
2018-7-31 23:00 | |
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“Eating Their Lunch:” Blockchain Upstarts Challenge Investment Banks
Access to personal financial data and the emergence of blockchain technology have been the catalyst for a revolution in the banking sector. At the start of this year, banks within the European Union were ordered by the Competition and Markets Authority (CMA) to grant customers access to their personal data. дальше »
2018-7-31 20:42 | |
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Commonwealth Bank Of Australia Records Amazing Blockchain Success
A new global trade experiment with blockchain technology has been marked successful by the Commonwealth Bank of Australia, according to a press release on Monday. In a bid to enhance multiple aspects of the supply chain process, the bank combined cutting-edge solutions such as distributed ledger technology(DLT), Internet of Things (IoT), and smart contracts into […] The post Commonwealth Bank Of Australia Records Amazing Blockchain Success appeared first on ZyCrypto. дальше »
2018-7-31 20:10 | |
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How Blockchain Promotes International Trade, Identity and Financial Inclusion
International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. дальше »
2018-7-31 19:50 | |
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Barclays And Citibank Could Move Into Cryptocurrency With New IBM Guidance
Barclays Bank and Citibank are two of the big firms associated with a new blockchain trial managed by tech giants, IBM. IBM are no strangers to blockchain technology, after building up an entire research focus based around blockchain technology, this latest development see’s a number of well established financial service providers working alongside IBM to pilot new blockchain trails that could in turn help to see the likes of Barclays Bank and Citibank further explore the potential that cryptocurrency has to offer their companies. дальше »
2018-7-30 16:00 | |
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New Zealand’s Major Bank SBS Considers Blockchain Cryptocurrencies
The major bank of SBS sees some of the largest possible applications for blockchain tech as potentially good but has second thoughts on the value of cryptocurrencies. SBS Bank of New Zealand a widely used commercial banks, is watching blockchain technology and cryptocurrency to see the intrinsic value of the pair. As of now, the […] дальше »
2018-7-29 09:34 | |
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Looming US Sanctions Lead Iran to Develop a National Digital Currency
Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the development process. This is not […] дальше »
2018-7-29 00:00 | |
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Here’s the difference between blockchain and distributed ledger technology
Blockchain is being explored by a wider and wider audience everyday, and traditional centralized bodies like banks and governments are starting to take interest into what the tech can do for them. дальше »
2018-7-27 18:14 | |
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The Bank Of Canada State That A CBDC Would Benefit Canada And The USA
The Bank of Canada, Canada’s central bank have hit headlines on a few occasions this month, after a sudden spike in interest within cryptocurrency and blockchain technology from the bank. According to Coindesk, The Bank of Canada have published a new paper that discusses how a Central Bank Digital Currency (CBDC) would be beneficial to both the economies of United States and Canada. дальше »
2018-7-27 15:30 | |
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Vitalik Buterin Responds To Bank of Canada Proof of Consensus Report
The Bank of Canada recently released a report conducting new research into the different forms of consensus verifying technology used in blockchains all over the sector. In its report, the bank concluded that the superior form of consensus verification is PoW, or Proof of Work. This is the type of system employed by the biggest […] дальше »
2018-7-27 10:59 | |
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Neluns – an Innovative Financial Ecosystem
Neluns also known as NLS, a new financial ecosystem which uses an innovative technology allowing to operate with cryptocurrency and fiat, will start its ICO in the last days of July 2018. The team of Neluns is going to create favorable conditions for the growth of the cryptocurrency market. дальше »
2018-7-26 17:28 | |
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Canada’s Central Bank Boasts Proof of Work Consensus System Benefits
The Central Bank of Canada has pioneered new research using the PoW or Proof of Work consensus in a new article on blockchain technology. The Bank of Canada or BoC has labeled Bitcoin’s Proof of Work system the best consensus algorithm used by any cryptocurrency. дальше »
2018-7-26 16:36 | |
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Bank of England Endorses Blockchain Use with Revamped Payment System
The Bank of England has stated that a revamped payment system currently under development will offer integration and support for fintech firms using blockchain technology. The pronouncement, which the UK’s central bank made on July 23, 2018, will come as a welcome fillip to the British cryptosphere and encourage further blockchain finance development in the country. дальше »
2018-7-26 02:00 | |
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Bank of England Prepares to Integrate Blockchain-Based Products and Services
Banks and other financial institutions have never been particularly crypto-friendly. When it comes to blockchain technology, however, the story is very different. The Bank of England is looking to introduce a new payments system which will accommodate future blockchain integration. дальше »
2018-7-25 18:00 | |
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The payment system should be in harmony with the British banking and trading backdrop
The Bank of England is planning to modernize its Real-Time Gross Settlement system (RTGS) by 2020. The Bank of England (BoE), the UK’s central bank, is exploring the opportunities standing behind blockchain technology and digital currencies. дальше »
2018-7-24 13:28 | |
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Payment System Underpinning British Banking and Trading to Become Compatible with Blockchain
The Bank of England is planning to modernize its Real-Time Gross Settlement system (RTGS) by 2020. The updated version will be compatible with blockchain-based financial technology forms. The post Payment System Underpinning British Banking and Trading to Become Compatible with Blockchain appeared first on CoinSpeaker. дальше »
2018-7-24 11:48 | |
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