Banking

Banking

Singapore’s Central Bank, SGX Develop Blockchain Settlement System

The Monetary Authority of Singapore and the nation's stock exchange have developed a blockchain-based settlement system for tokenized assets.

Business  ·  12 November 2018
Canada

Canadian Bank Opens Deposit Box for Cryptocurrency Firms

VersaBank says its VersaVault offers "absolute privacy" when announcing that crypto exchanges and funds can sign up to use the platform on Thursday.

Policy & regulation  ·  9 November 2018
Loans

BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain

Banking giant BBVA has completed a pilot that put a $150 million syndicated loan for Spain's electrical grid operator on the blockchain.

Business  ·  7 November 2018
Banking

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing

The Depository Trust & Clearing Corporation is now testing its main blockchain project with 15 global banks, before taking the tech live in 2019. 

Business  ·  6 November 2018
Europe

Swiss Finance Watchdog Tells Banks to Treat Crypto Trading As High Risk

The Swiss Financial Market Supervisory Authority (FINMA) is giving tough guidance to banks wanting to trade in crypto assets, a report indicates.

Policy & regulation  ·  5 November 2018
India

Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance

Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction.

Business  ·  5 November 2018
Privacy

Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH

With $47 trillion flowing through it every year, ACH is a juicy target for blockchain disruption. Can a new startup called Promise pull it off?

Business  ·  31 October 2018
Ethereum

This New Ethereum Software Client Is Built With Enterprises in Mind

Unlike other enterprise versions of ethereum, ConsenSys' new Pantheon has a less-restrictive software license and uses Java as a programming language.

Business  ·  30 October 2018
Ethereum

Ethereum’s Biggest Enterprise Group Is Releasing New Software Specs

The largest blockchain consortium has released its latest round of specifications – the next steps to harmonizing the way big companies use ethereum.

Policy & regulation  ·  29 October 2018
Japan

Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech

Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.

Business  ·  29 October 2018
Banking

Crypto Payments Startup Uphold Launches Lending Products

Crypto payments startup Uphold is launching Earn and Borrow in collaboration with lending platform Cred.

Business  ·  22 October 2018
Quorum

Accenture Tech Now Connects Corda, Fabric, DA and Quorum Blockchains

Accenture says its new "interoperability node" can connect the four big enterprise platforms: Hyperledger Fabric, R3 Corda, Quorum and Digital Asset.

Policy & regulation  ·  22 October 2018
Privacy

ING Bank Launches Zero-Knowledge Tech for Blockchain Privacy

ING Bank has continued further down the road of advanced blockchain privacy with the release of its Zero-Knowledge Set Membership (ZKSM) solution.

Business  ·  21 October 2018
Regulation

What China’s Cashless Revolution Can Teach the West About Crypto

China appears to have achieved the crypto community's dream of a new internet of value, without blockchain. But there's more than meets than eye here.

Policy & regulation  ·  20 October 2018
Banking

Asian Development Bank Paper Touts Blockchain in Government Procurement

A consultation paper for the Asian Development Bank proposes a blockchain network to boost efficiency in government procurement systems worldwide.

Markets  ·  18 October 2018