Monday, June 26, 2017

China’s Central Bank Governor Says Digital Currencies Will Replace Cash, Regulated as Legal Tender

The governor of the People's Bank of China, Zhou Xiaochuan, said in an interview that digital currencies will inevitably replace cash, but they will be regulated if used as legal tender. Zhou noted that the...

Block Chain Conference SF Highlights Need for Blockchain Financial Industry Standard

There was consensus among speakers the Block Chain Conference in San Francisco last week that collaboration toward a "scalable standard for blockchain technology" was essential for its adoption by the global financial industry. The conference also determined that the blockchain ecosystem has been...

Subprime Auto Loans: Another Reason For Using Distributed Ledgers for Asset Backed Securities

“Lending bubbles usually look the same. Credit criteria is loosened. Verification standards are relaxed. The people selling the loans make money when the loans are booked, but do not suffer from losses when the...

EY on Blockchain : What Happens When Value Moves Like Data?

Chain-Finance had a chance to discuss EY's distributed ledger strategy with Angus Champion de Crespigny. Angus is a Senior Manager in EY’s Financial Services Office where he leads the firm’s distributed infrastructure strategy for...

The Bank of England Looks to Implement Own Cryptocurrency – RSCoin

A report from the MIT Technological Review has revealed a new type of cryptocurrency that is being developed on behalf of the Bank of England. Two researchers from UCL, Sarah Meiklejohn and George Danezis, have...

2016 Bitcoin Improvements Enable Open Assets Protocol Scalability

This year, two improvements to Bitcoin network will permit the "colored coins" implementation, Open Assets Protocol (OAP), to also scale, according to Nicolas Dorier, CTO at Metaco. The two improvements, Segregated Witness and the new...

Interview with George Hallam from Ethereum Foundation

In another interview from our Chain-Finance event series, we feature George Hallam of the Ethereum Foundation. How would you describe your blockchain technology? Ethereum is a decentralized platform that runs smart contracts: computer protocols that run...

Microsoft Azure Certifies Ethereum Developer Sandbox, Adds Alphapoint and IOTA

Microsoft's Azure cloud service has unveiled the first "certified offering" for its Blockchain-as-a-Service (BaaS) platform. The certified software is STRATO, a developer sandbox for testing Ethereum blockchain applications built by Blockapps. The offering includes an API for connecting applications to private,...

Libra Reveals Enterprise Solution for Compliance, Auditing & Integration of Digital Assets

Libra, a provider of compliance, audit, and integration solutions for blockchain technology and digital assets, has announced the debut of an enterprise solution. In 2014, the California-based software developer released its first product, a software suite permitting individuals...

Axoni, Markit Successfully Test Blockchain for CDS with Bank of America, Citi, Credit Suisse,...

Earlier in April, seven firms announced the successful test of blockchain technology and smart contracts to manage post-trade lifecycle events for standard North American single name credit default swaps (CDS). The first of its kind...