Top ten blockchain stories in 2017
Welcome to a world of blockchain. A compilation of the bigger stories with Banking Technology’s top ten.
Bitcoin
Blockchain and bitcoin round-up: 20 December 2017
More bite-size Bitcoin and blockchain news.
eToro and CoinDash team for blockchain-based social trading products
eToro and CoinDash will develop a suite of blockchain-based products for social trading.
Blockchain and Bitcoin round-up: 19 December 2017
Features ABI Lab, R3, the government of Estonia, Chronobank and Bitcoin.com.
Bitcoin is useless
The recent surge in its price is good news for investors, but perhaps a death sentence for its functional value.
EU sets in motion rules to tackle cryptocurrency money laundering
Plans to apply tighter rules to prevent money laundering and terrorism financing on cryptocurrency exchange platforms.
Fintech trends 2017: blockchain, big data… what’s next?
2017 ends with the Bitcoin having surpassed the $19,000 mark. Could this perhaps be a taste of our future?
Blockchain and Bitcoin round-up: 11 December 2017
Featuring the Gibraltar Parliament; Cboe Global Markets; and Waves Platform, Ethereum and Deloitte teaming up.
Blockchain and Bitcoin round-up: 8 December 2017
The latest features IOTA, Microsoft, Indonesia’s central bank and Australian Securities Exchange.
Coinbase caught up in Bitcoin blowout
What happens when you’re facilitating the trade of a product that is experiencing extreme hockey stick growth?
What is the future of digital cash?
The recent World Economic Forum (WED) report “Sweden could stop using cash by 2023”, says that the country is moving towards favouring cards and mobile payment apps. Yet retailers are expected to accept cash for at least a couple of years afterwards.
Blockchain and Bitcoin round-up: 7 December 2017
Blockchain and Bitcoin round-up – features a nasty hack on NiceHash; Pundi X in Indonesia; a Deluge Network for ICOs; and Blockchain Centre Vilnius in Lithuania.
Revolut launches cryptocurrency trading
Consumer interest in digital currency is at an all-time high. Much of this is thanks to Bitcoin and so this week is the perfect time for global banking company Revolut to launch cryptocurrency trading on its platform.
Blockchain and Bitcoin round-up: 5 December 2017
Our latest blockchain and Bitcoin round-up features R3’s Corda and AWS; gambling with McDonalds; XinFin in Singapore; and Cardano Foundation and Z/Yen Group teaming up.
Fintech funding round-up: 1 December 2017
Who doesn’t love a trilogy? Following on from the round-ups on Thursday (30 November) and Tuesday (28 November) here’s another slice of fintech funding action. Features Deposit Solutions, Hanson Robotics’ Sophia, and BNP Paribas Asset Management. Germany’s Deposit Solutions, an open banking platform for deposits, has closed an investment round of $20 million led by […]
Top fintech stories this week – 1 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Blockchain and Bitcoin round-up: 30 November 2017
Coming straight after yesterday’s (29 November) fun and games, here’s another quick summary of the blockchain and Bitcoin action. Features the European Central Bank, Tieto, Coinsilium Group and StartupToken. Well, Bitcoin went past $11,000. And then dropped. As you read this it will have changed again. So, opinions are aplenty. And… banks should speed up […]
Blockchain and Bitcoin round-up: 29 November 2017
Bitcoin high, Russian firsts, trade finance digitisation, US moves, and an interoperability alliance. Another day of action in the busy blockchain and Bitcoin world. Features Sberbank, IBM, Infosys Finacle, BitFlyer and the Blockchain Interoperability Alliance. Doubt you missed it, but Bitcoin has reached an all time high of $10,000. We were inundated with similar comments […]
AlphaPoint plans new public blockchain network
AlphaPoint has announced plans to build a new public blockchain network that will enable users to digitise real-world assets and monetise them across new markets, reports David Penn at Finovate (Banking Technology’s sister company). The network, dubbed the AlphaPoint Public Network (APN), will be the first public blockchain built based on Intel SGX technology. AlphaPoint will fund […]
BBVA and Wave test blockchain-based international trade transaction
BBVA, working in collaboration with Wave, performed the first blockchain-based international trade transaction between Europe and Latin America.
Infographic: a look at blockchain technology
This nifty infographic by PWC looks at the blockchain tech, how it works, its benefits and unknowns, cryptocurrency and potential applications.
Blockchain and Bitcoin round-up: 24 November 2017
That Friday feeling isn’t complete without another round of the latest blockchain and Bitcoin news! Following on from yesterday (23 November) our latest covers Globitex, Billion and Bitcoin Gold.
Top fintech stories this week – 24 November 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Blockchain and Bitcoin round-up: 23 November 2017
Following on from the action on Tuesday (21 November), our latest blockchain and Bitcoin round-up focuses on partnerships and future potential. Featuring BDA, Bitstamp, ModulTrade and Bank of Japan.
ING has a thing for data analytics
ING Wholesale Banking has set out its plans to increase investments in data analytics and put more resources into Asia and the Americas. It’s very early days as its ambitions and goals offer no real specifics. Stats and timelines are like good service in shops in the UK – i.e. almost nowhere to be seen. […]
Standard Chartered and Axis Bank launch cross-border payments via Ripple
Standard Chartered and Axis Bank have unveiled a real-time cross-border payment service for corporates using Ripple’s distributed ledger technology (DLT) solution. This offering is now commercially available between Standard Chartered (Singapore) and Axis Bank India, and, accessible through Standard Chartered’s corporate digital banking platform, Straight2Bank. Himadri Chatterjee, president, transaction banking, Axis Bank, says by using […]
Blockchain and Bitcoin round-up: 21 November 2017
From major crimes to KYC times. Our latest blockchain and Bitcoin round-up features Tether, Metal, Deutsche Bank and IBM. Digital currency firm Tether is feeling under the weather as it has reported that “funds were improperly removed from the Tether treasury wallet through malicious action by an external attacker”. The amount is a rather large […]
Coinbase goes into Custody to let investors store digital assets
Who knows how much more appreciation in the price of Bitcoin will be required to encourage notorious cryptocurrency skeptic and JP Morgan CEO Jamie Dimon to endorse investing in digital assets. But when he does, a new company launched by Coinbase called Coinbase Custody will be there to make sure he does it the right […]
First blockchain-based bancassurance network launched in Hong Kong
AIA Hong Kong, a subsidiary of pan-Asian life insurance group AIA, has launched a blockchain solution for bancassurance.
What a Swell Sibos we had
One of the more entertaining aspects of this year’s Sibos in Toronto was the continuation of the rivalry between the event’s host, Swift, and distributed ledger technology (DLT) firm Ripple.
Wanted: US-based bank for crypto-friendly fun
It wasn’t spotted on Craigslist but here’s an unusual request. If you are the owner of a small or medium-sized bank in the US and are ready to sell it completely (or partially) – you have a buyer! Vladislav (aka Slava) Solodkiy, managing partner at venture capital (VC) firm Life.Sreda, is being refreshingly direct and […]
Veridium and Wala bring blockchain power to Africa’s unbanked
Biometrics firm Veridium has teamed with Wala, a blockchain-powered financial services platform, as they target the unbanked and underbanked population in Africa. The duo will collaborate on a pilot programme in sub-Saharan Africa to demonstrate their digital model offering “zero-fee banking”. This pilot is funded by a grant awarded to Veridium from the Digital Financial […]
All aboard the Amex blockchain payments express
American Express has launched blockchain-enabled, business-to-business cross-border payments with Santander using Ripple’s network. The Amex FX International Payments (FXIP) business is working with Ripple to make blockchain payments commercially available, “reducing the time and cost of settlement”. Santander UK is the selected partner to initiate this new transaction channel. Marc Gordon, EVP and CIO at […]
Blockchain and Bitcoin round-up: 16 November 2017
Coming straight after yesterday’s (15 November) action, here’s our latest blockchain and Bitcoin round-up. Features Mastercard in a patent place, ING Bank opening up, and another warning from the UK’s Financial Conduct Authority. Let’s start with yet another patent. Mastercard has jumped on the blockchain payments bandwagon by filing “Method and System for Instantaneous Payment […]
Blockchain and Bitcoin round-up: 15 November 2017
Following on from yesterday’s (14 November) news, here’s our latest blockchain and Bitcoin round-up. Featuring Trustology, Accenture, Monetary Authority of Singapore, Association of Banks in Singapore, Square and London Block Exchange. Another day, another new firm. Trustology has emerged from stealth and revealed it is building a peer-to-peer network of smart contract compute services. Trusted […]
Blockchain and Bitcoin round-up: 14 November 2017
Hot on the heels of yesterday’s (13 November) action, here’s our latest blockchain and Bitcoin round-up. Featuring Bitcoin Gold, OTC Exchange Network, Deloitte and Github. Bitcoin Gold (BTG), the newest fork of the Bitcoin blockchain, has officially gone live. It’s not the first to breakaway from Bitcoin, as previously in August, Bitcoin Cash (BCC) launched. […]
Reality Clash looks to make cash splash with cryptocurrency trading
While the fintech industry is no stranger to initial coin offerings (ICO) as a method of sourcing capital for start-ups, a firm is offering a novel way to make money via cryptocurrency trading.
Blockchain and Bitcoin round-up: 13 November 2017
Following Friday’s (10 November) feisty blockchain and Bitcoin action, here’s another round-up. Features CryptoCoinBits, European Commission, R3 and Hewlett Packard Enterprise. With increasing fears about Bitcoin ICOs and bubbles bursting, it was inevitable someone would see a gap in the market. Enter CryptoCoinBits, which has unleashed a Bitcoin trading platform and asks: “So how can […]
It’s time to pull the brake on Bitcoin
With ten years in fintech under my belt, I have seen the creation of the word itself. I have also seen the rise of various hypes, adoption of buzzwords, sky-high funding rounds, epic failures and a surprising knowledge gap in what is the world’s biggest industry.
Blockchain and Bitcoin round-up: 10 November 2017
Three more stories from across the world of blockchain and Bitcoin. This latest round-up features Chia Network, Crypto20, and a lesson to learn from recent Bitcoin scams in Canada.
