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.
Read MoreThe 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.
Read MoreThe 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.
Read MoreMost 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.
Read MoreFacebook 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.
Read MoreThe 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.
Read MoreWhile 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 […]
Read MoreInvented 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.
Read MoreCorporate 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.
Read MoreIn 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.
Read MoreIt 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.
Read MoreThe 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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