Blockchain/BitcoinRSS

Accenture, IBM and Microsoft fuel blockchain market growth

Blockchain

The global blockchain market will experience massive growth during the next five years – powered by the activities of “key vendors” Accenture, IBM and Microsoft. According to Research and Markets’ report, “Global Blockchain Technology Market 2017-2021″, the market will increase at a compound annual growth rate (CAGR) of 55.59%. One trend in the market is […]

Top fintech stories this week – 24 March 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

SEC says “no” to Winklevoss Bitcoin exchange-traded fund

No Bitcoin traded here

The US Securities and Exchange Commission (SEC) has dashed the hopes of internet entrepreneurs and venture capitalists Cameron and Tyler Winklevoss, who were hoping to create an exchange-traded fund (ETF) for the virtual currency Bitcoin.

EdgeVerve calls for fintech’s magnificent seven

EdgeVerve

EdgeVerve Systems, a product subsidiary of Infosys, has launched Finacle FinTech Connect and the chance for firms to integrate their solutions into Finacle’s banking suite. Companies are invited to register for a partnership evaluation process and stand a chance to present at its event Infosys Confluence 2017 in May in San Francisco; along with joint […]

Diamonds and blockchain are forever for SAP Ariba

SAP Ariba 1

SAP Ariba has unveiled its plans to use blockchain across its cloud-based applications and business network for trading goods and services. Among the first applications that SAP Ariba sees potential in involves the tracking and tracing of goods. SAP Ariba will join forces with Everledger, a London-based fintech firm. The latter captures the defining characteristics […]

Jury convicts two in Bitcoin laundering scheme

court

In a case with connections to the massive 2014 JPMorgan Chase data breach, a New Jersey pastor and a Florida software programmer were found guilty of helping launder virtual currency that was obtained from drug sales and ransomware hacks.

Illinois regulator joins global distributed ledger consortium R3

Interested in blockchain

The Illinois Department of Financial and Professional Regulation (IDFPR) has become the first US regulatory agency to join the R3 Consortium, a global partnership of banks and other parties working to develop distributed ledger-based applications for financial services.

Mutual distributed ledger: at the speed of need

Blockchain

Professor Michael Mainelli, executive chairman of Z/Yen Group, and Vinay Gupta, founder of venture capital firm hexayurt.capital, discuss mutual distributed ledger economics.

IBM unveils blockchain-based digital identity network

IBM working with Standard Life and ING Direct Australia

IBM and SecureKey Technologies are working together to enable a new digital identity and attribute sharing network based on IBM Blockchain. When launched later this year, consumers can use the network to verify their identity for services such as new bank accounts, driver’s licences or utilities. IBM’s Blockchain service is built on top of the […]

ZrCoin crowdfunds first ever commodities option on blockchain

ZrCoin

A new initiative will hold an initial coin offering (ICO) for the production of an industrial material using green technologies – creating the “first” commodity-backed cryptographic token in the process. Called ZrCoin, this will be a derivative – and with the option to buy an equivalent amount of synthetic Zirconium Dioxide (ZrO2). The latter may […]

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