Blockchain/BitcoinRSS

Input Output goes to uni for blockchain lab

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Input Output Hong Kong (IOHK), a blockchain architecture and development start-up, and the UK’s University of Edinburgh, have set up a blockchain technology laboratory within the university’s School of Informatics. The lab will bring together academics and students to collaborate on blockchain research and development with a focus on “industry inspired problems”. IOHK CEO and […]

Mizuho takes another step towards blockchain adoption

Mizuho

Japanese financial services provider Mizuho has partnered with Cognizant to test cross-border document sharing and custom digital currency applications of blockchain – and the cost implications of using the technology. Mizuho says the project was a success and concluded that a tamper-proof distribution database built using blockchain could support a platform to share information and […]

R3 turns its back on blockchain?

R3 logo

Is the R3 consortium going to wave goodbye to $53 million in research and abandon blockchain? In a presentation on its Corda platform, R3 says it doesn’t need “block chain”. (No space is usually used, but I don’t want to be too much of a grammar Nazi.) Credit for this spot must go to Twitter […]

Top fintech stories this week – 24 February 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place! IBM and Northern Trust debut blockchain for private equity Uses the Hyperledger Fabric. Visa opens new innovation centre in London It’s the latest and largest one. Digital gets a spurt with Natwest and RBS experts Every branch gets […]

ING and Société Générale oil up on blockchain

ING and Société Générale have used blockchain to carry out a live oil trade between parties with Mercuria, the global commodity trading group. The platform, called “Easy Trading Connect”, is designed for paperless trading and aims to digitalise and standardise commodity transactions in order to “increase speed and efficiencies” in the trade process. The prototype […]

Blockchain and Bitcoin round-up: 22 February 2017

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Jargon defeated. Unnecessary words deleted. A brief round-up. Featuring Adel, Bitfinex and crime. If something’s rotten in the state of Denmark, it’s going to get found out. Danish newspaper Berlingske has revealed that police stopped drug traffickers by tracing Bitcoin transactions. It’s not the first time great Danes have done good deeds. Last month, the […]

IBM and Northern Trust debut blockchain for private equity

IBM working with Standard Life and ING Direct Australia

IBM and financial services firm Northern Trust have launched the “first commercial deployment” of blockchain for the private equity market. The blockchain is based on the Hyperledger Fabric and is available for use for managing the administration of a private equity fund managed by Unigestion, a Switzerland-based asset manager with $20 billion in assets under […]

Everyone is a bank with Babb’s blockchain plan

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London-based fintech start-up Babb App says it is creating a bank based on a “permissioned” blockchain implementation of a distributed ledger using Ethereum smart contracts. The Babb banking platform will operate a decentralised information model to “minimise costs while maximising data fidelity and security” – i.e. the usual suspects. It expects to do a soft […]

How to make a success out of blockchain

Philippe Ruault, BNP Paribas Securities Services

There is pressure for CEOs to decide how distributed ledger technology (DLT) fits into their business strategy. Regulators also recognise that blockchain could advance their own processes. So what is all the excitement about? Blockchain is an exciting innovation but the technology has flaws…

Traity collaborates with Suncorp to launch a micro-insurance platform

Kevininsured

Kevin, Traity’s new chatbot, provides micro-insurance for P2P transactions online. Created in collaboration with Australia’s financial services conglomerate, Suncorp, Kevin protects buyers on online marketplaces such as Gumtree, Facebook and Craigslist.

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