blockchain

Ripple Targets China for Blockchain-Based Cross-Border Transaction

Jeremy Light, the European Union strategic accounts’ Vice President at Ripple has expressed the company’s interest in the Chinese market. In an interview with CNBC, Light has stated that China interests Ripple since it can provide assistance to the nation for speed enhancement of cross border payment based on blockchain technology.

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Blockchain Helps Philippines UnionBank Cut Operational Costs

The adoption of blockchain in UnionBank’s internal processes has resulted in lower operational costs. The decision to adopt blockchain in its internal processes has allowed UnionBank of the Philippines (UBP) to cut operational costs while learning more about the application of the technology.

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Bank of China to Raise Fintech Spending, Pursue Blockchain Projects

The Bank of China’s chief information officer recently shared details on the bank’s blockchain efforts as he unveiled plans to boost fintech spending, according to local news reports.

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What Will Blockchain Mean to the FinTech Sector?

Most of you have understood the principle of the blockchain, and the huge spike in interest to the bitcoin cryptocurrency arose at the same time. Bitcoin doesn’t come off the pages of news about the world of fintech. It’s quite rational that the technology attracts massive attention.

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Facebook Seems to Be Pushing Ahead With Blockchain

Facebook executive David Marcus resigned from Coinbase Inc.’s board, a sign the social network giant is pushing ahead with its own blockchain work. Marcus quit Friday, citing a new group he oversees at Facebook that is exploring potential blockchain uses.

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The World Bank Is Preparing for the World’s First Blockchain Bond

The World Bank has mandated Commonwealth Bank of Australia to arrange the world’s first blockchain bond. The Kangaroo bond, referring to foreign bonds issued in Australia in the local currency, has been named bond-i, an acronym standing for Blockchain Offered New Debt Instrument. (It’s also a reference to Bondi Beach, an iconic spot in Sydney.

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Deloitte: The 6 Major Blockchain Trends for 2018

While the mainstream viability of cryptocurrency remains in question, one of the technologies that has emerged in its wake is primed to do big things. If you are interested in exploring what blockchain can do for your business or whether your startup idea can benefit from this versatile and secure technology, the prospects are rather […]

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How Is Blockchain Revolutionizing Banking and Financial Markets

Invented back in 2008, the blockchain technology has depicted the change that it can bring in different business areas. The technology, even in its infancy, has disrupted different industries and sectors.

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Blockchain, Once Seen as a Corporate Cure-All, Suffers Slowdown

Corporate America’s love affair with all things blockchain may be cooling. A number of software projects based on the distributed ledger technology will be wound down this year, according to Forrester Research Inc. And some companies pushing ahead with pilot tests are scaling back their ambitions and timelines.

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Banking Giants Including Citigroup and Barclays Sign Up for IBM Trial Blockchain Project

In what is perhaps of sign of just how many blockchain options have emerged in recent years, nine banking giants including Citigroup and Barclays are participating in an app store trial for programs based on the technology.

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American Express Is Targeting Blockchain for a Proof-of-Payments System

It is not a surprising announcement that American Express has filed a blockchain-based patent application for a payments related capability that can receive a payment confirmation including a transaction amount and a merchant identifier.

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Commonwealth Bank Claims Success in Global Trade Blockchain Test

The Commonwealth Bank of Australia (CBA) has announced the completion of a cross-border shipment that utilized blockchain to track goods in the supply chain.

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