blockchain

Switzerland and Israel Collaborate on Cryptocurrency & Blockchain Regulation

The Swiss Minister for Finance Ueli Maurer recently visited Israel along with State Secretary for International Financial Matters Joerg Gasser, citing their goal as gaining bank access to Israeli markets to allow Swiss banks to trade there.

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Ant Financial Launches B2B Fintech Suite With Blockchain, AI Solutions

Ant Financial Services Group, the payments and financial services arm of Chinese e-commerce giant Alibaba, has launched a new suite of fintech products and services targeted at financial institutions and banks.

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PwC: Trust Is an Issue in Blockchain Initiatives

While firms surveyed by PwC are jumping on the blockchain bandwagon, they identify trust as one the biggest blockers to the technology’s adoption.

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Singapore’s Central Bank Calls Blockchain ‘Fundamental’ Tech to Change Financial Services

Singapore’s central bank is counting on blockchain, along with artificial intelligence, to serve as “fundamental” technologies that will help transform financial services, according to a senior official.

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Banks, Traders Launch First Commodities Blockchain Platform

Global banks and trading firms are launching the first blockchain-based platform for financing the trading of commodities from oil to wheat, they said in a joint statement on Wednesday. The platform will be run by a venture called komgo SA, based in Geneva, Switzerland, and is due to go live later this year.

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The Blockchain: Boon for Bankers—or Tool for Tyrants?

Despite all the grifting, thieving, speculation, and wild price swings youve heard about, bitcoin and other decentralized digital currencies are clearly here to stay. Boosters think cryptocurrencies and the distributed ledgers called blockchains they depend on will reinvent the financial system.

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Fidelity CEO Hints at Blockchain and Crypto Products

Fidelity Investments is cooking up more blockchain and cryptocurrency-related products and services, with a goal of rolling some of them out in the next few months, according to CEO Abigail Johnson.

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LG’s Mobile Arm to Trial Blockchain Payments for Overseas Travelers

LG Uplus – a South Korean cellular carrier owned by the nation’s fourth largest conglomerate, LG Corporation – is launching a blockchain-based overseas payment service. Announced Sunday, the trial effort will see the company working with partners in Japan, Taiwan and the U.S.

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Mastercard Thinks Blockchain Can Simplify B2B Transactions in New Patent

Financial services giant Mastercard has invented a blockchain system that it believes can simplify business-to-business (B2B) transactions in a high-volume enterprise environment.

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Cryptocurrency and Blockchain Hugely Popular at Universities

According to a recent study, 9 percent of US undergraduates at universities throughout the globe polled had already taken a blockchain related class, and 26 percent intended to. The courses are there, but institutions struggle to keep up with the current demand for them.

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The World Bank Is a Verified Blockchain Booster

Satoshi Nakamoto invented the Bitcoin blockchain as a way for people to transact financially without the need for banks or governments. So it’s ironic that one of the world’s biggest boosters of blockchains-shared cryptographic ledgers inspired by the one that underlies Nakamoto’s invention-is the World Bank, which is owned by governments.

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Softbank Completes Blockchain PoC for Cross-Carrier Mobile Payments

Japanese telecoms giant Softbank Corp. has completed a blockchain proof-of-concept (PoC) that allows P2P mobile payments across different carriers.

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