Asian Blockchain Interest Rises as Major Banks, FIs Look to Boost Efficiency, Cut Costs

Blockchain technology gains momentum in Asia as major financial services firms are exploring the tech in hopes to gain in efficiency and cut costs. In Asia, Japanese banks and financial services firms have been undeniably...

Delaware Governor Highlights States Blockchain Initiative with Symbiont

The Governor of the US State of Delaware, Jack Markell, this week revealed an initiative by the State to encourage use of blockchain and smart contract technology to help the public and enterprises lower transactional costs, speed up and automate manual...

Why Insurance Needs Distributed Ledgers

The insurance industry is in a state of disruption. Customers are becoming frustrated with some elements of their interactions with insurance. They find that the product innovation doesn’t keep up with the digital landscape, which...

Russia’s Central Securities Depository Trials NXT Blockchain-Based E-Proxy Voting Prototype

Russia’s National Settlement Depository (NSD), the country’s sole central securities depository, has tested a blockchain-based e-proxy voting system using the NXT blockchain platform. The NSD provides settlement services for government bonds, municipal bonds and corporate...

IBM Debuts Blockchain Cloud & Bluemix Services for Financial, Government, Healthcare Sectors

IBM today revealed a new framework for securely operating blockchain networks, as well as new services on the IBM Cloud that are designed to meet existing regulatory and security requirements. The US-based global technology giant indicates that, after...

German Tech Entrepreneurship Center Shortlists Startups for Blockchain Innovation Award

The German Tech Entrepreneurship Center (GTEC) , a Berlin campus promoting technology and entrepreneurship, has shortlisted startups for its Blockchain Innovation Award, which is sponsored by Globumbus and RWE. The competition was apparently strong, as GTEC received over...

Credits Partners to Deliver Blockchain-as-a-Service to UK Public Sector

Credits, a blockchain infrastructure provider, is partnering with Skyscape Cloud Services Limited to deliver Blockchain-as-a-Service to UK public sector organisations. The Credits platform is designed to enable organisations to rapidly develop blockchains that address the challenges...

Morgan Stanley: Blockchains’ Major Potential & Hurdles to Adoption in Banking

Morgan Stanley Research recently released a Global Insights report asking the question, "Blockchain in Banking: Disruptive Threat or Tool?" The investment bank's in-depth study highlights various misconceptions about blockchain technology and identifies 10 hurdles to making...

UK Exploring Blockchain Tech Use Cases to Transform Government Systems

Today Minister for Cabinet Office Matt Hancock gave a speech highlighting the possibility of the UK government utilising the potential of blockchain technology to transform the way government works. Speaking earlier at Digital Catapult...

DARPA Solicits Proposals for Blockchain-Based Messaging & Transaction Platform

The Defense Advanced Research Projects Agency, a Pentagon agency responsible for developing emerging technologies for the military and elsewhere, has issued a solicitation for the creation of a secure messaging and transaction platform that...