Banking

Japan

Blockchain Could Expand Central Bank Access, Says Bank of Japan

Central banks could allow access around the clock if they used blockchains, a senior Bank of Japan official speculated last week.

Business  ·  24 April 2017
Banking

The Next Phase of the Blockchain Consortium is Here

A slowdown in big announcements may not mean blockchain consortia are doomed – on the contrary, the model may be evolving.

Business  ·  24 April 2017
Banking

Cambodia’s Central Bank Signs Deal to Develop Blockchain Tech

Add Cambodia's central bank to the list of major financial market managers investigating blockchain and distributed ledger tech.

Business  ·  21 April 2017
Exchanges

Wire Transfer Problems Worsen for Digital Currency Exchange Bitfinex

Digital currency exchange Bitfinex can't send wire transfers abroad due to its ongoing banking issues, representatives said.

Markets  ·  20 April 2017
Banking

IC3 Researchers Propose ‘Solidus’ Protocol for Private Transactions

Researchers have proposed a new process for keeping transactions confidential over public blockchains.

Business  ·  20 April 2017
Banking

The IMF Just Finished its First ‘High Level’ Meeting on Blockchain

The IMF just held a meeting of an advisory group on fintech – one that featured heavy representation from blockchain industry execs.

Business  ·  19 April 2017
Banking

BNP Paribas Taps Blockchain for Fund Distribution Platform

A subsidiary of banking giant BNP Paribas has revealed it is utilizing blockchain tech for a fund-distribution platform currently in development.

Business  ·  19 April 2017
Banking

A New Tool Might Finally Make Banks Comfortable With Bitcoin

A new service from crypto monitoring firm Elliptic is aimed to help banks better scrutinize new bitcoin businesses.

Business  ·  19 April 2017
Federal Reserve

US Dollars on the Blockchain? Fed VP Says Not Yet at MIT Event

The US dollar is not the "low-hanging fruit" for blockchain innovation, according to an executive at the Federal Reserve Bank of Boston.

Business  ·  19 April 2017
Banking

More Consortia? Banks See Model as Vital to DLT Efforts

Nearly three-quarters of banks and asset managers see the consortium model as necessary for exploring distributed ledger tech, a survey reveals.

Business  ·  14 April 2017
Banking

Offense or Defense? How to Win the Blockchain Game

How advances in blockchain tech are creating competitive pressures for financial market participants, and how to formulate a strategy to win.

Business  ·  14 April 2017
UK

Bank of England: Next-Gen Settlement System Will Be DLT Compatible

After review, the UK central bank said today it will build the next version of its settlement system with distributed ledger tech in mind.

Business  ·  12 April 2017
China

IBM Ramps Up China Blockchain Work With Supply Chain Trial

IBM's latest blockchain partner is Hejia, a Chinese supply chain management company who recently conducted a supply chain trial.

Business  ·  11 April 2017
Banking

Qatar’s Commercial Bank Unveils Blockchain Remittance Pilot

One of Qatar's largest banks has unveiled a new blockchain-based service focused on international payments.

Business  ·  10 April 2017
Europe

Why a Quiet Blockchain Consortium Could Soon Make Noise

While high-profile consortiums are progressing to big fanfare, a small blockchain effort working quietly in Luxembourg could affect the whole world.

Business  ·  10 April 2017