Banking

Ethereum

Crypto Startup Wala Is Reaching Africans with Ethereum Micropayments

South Africa startup Wala is using microraiden for high volume, low-value, off-chain ethereum transactions. And people are using it in the thousands.

Business  ·  11 June 2018
Bitcoin

Sex Workers Are Using Crypto to Save for Retirement

Rather than simply an expedient way for porn performers and other sex workers to get paid, crypto has become a part of their retirement savings plan.

Policy & regulation  ·  10 June 2018
Banking

Mizuho Financial’s Blockchain Lead Is Leaving the Firm

The blockchain lead at Mizuho Financial Group has revealed he is leaving the firm for a new role in Singapore.

Business  ·  8 June 2018
Regulation

Crypto Startup Circle to Seek Banking License in US

Cryptocurrency startup Circle is in talks to become registered in the U.S. as a licensed bank and brokerage, according to a report.

Business  ·  6 June 2018
Banking

HSBC Exec Warns ‘Digital Islands’ Could Inhibit Blockchain Trade

Blockchains should do for the global value chain what shipping containers did for transport of goods, says HSBC trade finance expert Vinay Mendonca.

Business  ·  5 June 2018
Regulation

China Has Built a Blockchain System That Could Replace Paper Checks

China's central bank has completed a blockchain-based system that digitizes checks in a move to counter fraud in the country.

Policy & regulation  ·  5 June 2018
Regulation

Public or Private? Blockchain Distinctions Are Falling Out of Fashion

"Convergence" means different things to different people in the blockchain space. But it's a word that's cropping up again and again.

Policy & regulation  ·  4 June 2018
Ethereum

IHS Markit Has A Plan to Tokenize A $1 Trillion Loan Market

IHS Markit is developing a blockchain-based system to handle cash payments in syndicated loans – and eventually, in a wider range of transactions.

Policy & regulation  ·  28 May 2018
Banking

Bangkok Bank Joins R3’s Trade Finance Blockchain Initiative

Bangkok Bank has joined the Marco Polo trade finance initiative developed by blockchain startup R3 and trade finance technology firm TradeIX.

Business  ·  25 May 2018
Banking

Commerzbank Conducts €500k FX Transaction Using R3’s Corda

Thyssenkrupp successfully conducted a foreign exchange transaction using R3's Corda blockchain in partnership with Germany's Commerzebank.

Business  ·  24 May 2018
Banking

Bank of America Patents Blockchain Security Tools

A new Bank of America patent outlines how a permissioned blockchain might restrict users while still helping them access the information they need.

Business  ·  22 May 2018
Banking

Infosys Partners with 7 Banks for Blockchain Trade Finance Network

IT giant Infosys has built a blockchain-based trade finance platform involving seven Indian banks including ICICI and Axis.

Business  ·  17 May 2018
Russia

Sberbank Buys Commercial Bonds Issued Over Blockchain Platform

Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country's first commercial bond transaction made using blockchain.

Business  ·  17 May 2018
Ethereum

Deloitte: 3 out of 4 Big Companies See ‘Compelling’ Case for Blockchain

Most big firms find blockchain compelling, but some of those same firms also find it overhyped, according to a new survey.

Business  ·  15 May 2018
Banking

Banks Ink Blockchain Trade Finance Transaction with Food Giant Cargill

HSBC and ING have performed a claimed world-first trade finance transaction on a single blockchain system for agri-food firm Cargill.

Business  ·  14 May 2018