Northern Trust and IBM transform Private Equity Market with Blockchain Technology
- 8 years 11 months ago
- Blockchain
Northern Trust (Nasdaq:NTRS) collaborated with IBM and other key stakeholders to launch the first commercial deployment of blockchain technology for the private equity market. “Current legal and administrative processes that support private equity are time consuming and expensive” While private equity returns can be attractive, the infrastructure supporting private equity has seen little innovation in recent years at a time when investors are... more
SETL opens its Global Engineering Centre in UK
- 8 years 11 months ago
- Blockchain
SETL, the financial blockchain specialist, today announced the opening of its Global Engineering Centre in Ipswich, UK. Ten new staff have been recruited to work in the new office and to support SETL’s international expansion, bringing SETL’s total worldwide workforce to 24. The centre was officially opened by Ben Gummer, Member of Parliament for Ipswich and Minister for the Cabinet Office and Paymaster General and by Chairman of the SETL board... more
Mobile Banking based on Blockchain and Biometrics
- 8 years 11 months ago
- Blockchain, Mobile Banking
On March 9, one of the leaders of ambitious project called Humaniq, a famous blockchain entrepreneur and journalist, Richard Kastelein will speak at Blockchain & Bitcoin Conference Tallinn. Humaniq is a mobile bank based on blockchain and biometric user identification (without passports and signatures). Blockchain community has called the project Bank 4.0.
EquiChain unveils its blockchain based prototype for capital markets
- 8 years 11 months ago
- Blockchain, FX Contracts
EquiChain, a London-based Fintech company with an Asia regional office in Hong Kong, announces its working prototype for capital markets. The company plans to implement a full end-to-end ‘execution to custody’ (E2C) pilot in 2017, positioning EquiChain to deliver the full potential of distributed ledger technology (DLT). The company also announces the closing of its initial funding round, secured from its board members, advisors and close... more
Synechron Survey Reveals 94% of Financial Services Executives Believe Boards have Bought into Blockchain
- 8 years 11 months ago
- Blockchain
Synechron Inc., the digital, business consulting and technology services provider, today reveals 89% of senior executives questioned in a survey conducted by TABB Group believe blockchain will be in everyday use in the financial services industry by 2026. The results suggest that despite various levels of action on blockchain initiatives, the majority of financial services organizations believe in the long-term, innovative potential of... more
Blockchain Will Fundamentally Transform Exchange Business – Funderbeam CEO Kaidi Ruusalepp
- 8 years 11 months ago
- Blockchain
“Blockchain can radically transform exchange sector”, believes Kaidi Ruusalepp, CEO at Funderbeam (exchange for startups) and former CEO at the Estonian Nasdaq subdivision. On March 9, she will speak at Blockchain & Bitcoin Conference Tallinn. Being experienced in managing Nasdaq, Kaidi founded Funderbeam – an investment and research platform for finding investors and startups.
Banks Accelerate Blockchain Investment Reveals Infosys Finacle and LTP study
- 8 years 11 months ago
- Blockchain
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), along with its partner Let’s Talk Payments (LTP), today released a global survey report - “Blockchain Technology: From Hype to Reality”. According to the report, over 80 percent of bankers surveyed expect to see commercial adoption of the technology by 2020, with nearly half (50 percent) of the financial institutions already investing or planning to... more
The Wall Street Blockchain Alliance Welcomes New Blockchain Assets Working Group
- 8 years 11 months ago
- Blockchain
The Wall Street Blockchain Alliance (WSBA), a non-profit 501 (c)(6) Trade Association, announced today a new working group that will focus on native assets riding upon public blockchains, such as Bitcoin, Ethereum, Zcash, and more. The Blockchain Assets Working Group is chaired by Chris Burniske, Blockchain Products Lead at ARK Investment Management LLC (“ARK”), and will explore a number of facets of this emerging asset class, including... more
NBAD is the 1st Bank in MENA to Introduce Payments on Blockchain with Ripple
- 8 years 11 months ago
- Blockchain, Payments, Banking
The National Bank of Abu Dhabi (NBAD) is pleased to be the first Middle East bank to introduce real time cross border payments on Blockchain technology. The new channel is intended to facilitate regional customers with simple, real time and secure way to process their cross border payments within NBAD network.
Credit China FinTech Signs US$30 Million Deal with Bitfury Group
- 8 years 11 months ago
- Blockchain, Platform Technology
Leveraging Blockchain Technologies to Transform its FinTech PlatformsThe board of directors of Credit China Fintech Holdings Limited and its subsidiaries announced today that it has entered into a US$30 million deal with BitFury Group Limited.
Global Conference of Money Laundering and Digital Currencies in Qatar
- 8 years 11 months ago
- Blockchain
From 16 to 18 January 2017, more than 400 financial investigators from money laundering, cybercrime and financial intelligence units met with experts in asset recovery and relevant private sector representatives at the Global conference on countering money laundering and digital currencies in Doha, Qatar.
5 Blockchain Applications in Fintech
- 8 years 11 months ago
- Blockchain
Wide blockchain application is leading to establishing new business models that will be used not only by corporations but also by small market players. Karolina Marzantowicz, a leading engineer of Polish IBM office, is convinced of this fact. On March 9, 2017, she will present company’s opinion regarding the future of blockchain technologies at Blockchain & Bitcoin Conference Tallinn.
OTC Exchange Network Joins Wall Street Blockchain Alliance
- 8 years 12 months ago
- Blockchain
The Wall Street Blockchain Alliance (WSBA), a non-profit trade association, has announced that OTC Exchange Network (OTCXN) has joined the organization as a corporate member. OTCXN is utilizing blockchain technologies and smart contracts for its peer-to-peer trading network, which will launch initially for the global foreign exchange market.
Deutsche Börse Launches Blockchain Concept For Riskless Cash Transfer
- 8 years 12 months ago
- Blockchain
Eurex Clearing acts as trusted party for transactions Direct payments with commercial bank money Deutsche Börse Group has developed a concept for riskless transfer of commercial bank money via an infrastructure based on distributed ledger technology (DLT). By combining blockchain technology with its proven post-trade infrastructure, Deutsche Börse aims to achieve efficiencies while at the same time investigating possible new business... more
Ukrainian IT specialists Present E-Auction 3.0 at Blockchain & Bitcoin Conference in Tallinn
- 9 years 1 day ago
- Blockchain
One will present the electronic auction service – e-Auction 3.0 – at Blockchain & Bitcoin Conference in Tallinn. This project has been developed by Ukrainian IT specialists. Its concept is to replace officials for transparent blockchain. It shows conditions, process and results of public property lease and sale auctions.
