Tuesday, September 26, 2017

Channel Island Alderney Conducts Blockchain Trial with Z/Yen’s ChainZy Tech

The government of Alderney, the northernmost of the Channel Islands, is experimenting with a blockchain-based online timestamping service through a project called MetroGnomo,  live since 1 January 2016. The experimental timestamping service utilizes the ChainZy mutual distributed ledger technology developed by...

UK, Australian Financial Authorities Sign Agreement Beneficial to Fintech

UK Financial Conduct Authority and Australian Securities & Investment Commission have signed a co-operation agreement. The purpose of the agreement is to improve sharing of information between the regulators and refer fintech businesses from their respective...

EAuction.io : Ukraine State Property Auction with the Blockchain

Chain-Finance got the opportunity to speak to Pavel Kravchenko, the founder of Distributed Lab and project lead on EAuction.io, a blockchain-based decentralized auction system for state property privatization and leasing. The project's government and private partners recently signed a memorandum on...

Deutsche Bank: Blockchain Turns Tried & Tested Biz Models on “Head”

The research arm of German banking giant Deutsche Bank in a recent report stated that blockchain technology is turning "tried-and-tested business models...on their head." The report's author, DB Research Economist Thomas-Frank Dapp, indicates that this is...

Major US Law Firm Highlights Blockchain Revolution in Financial Services

White & Case, the ninth-largest law firm in the United States as of 2015, highlights the advent of blockchain technology in financial services in a recent report. Two lawyers in the firm, Kevin Petrasic and...

How Transactions Are Validated on a Distributed Ledger

(A special thanks to Simon Taylor who was instrumental in much of my thinking through conversations we had around this topic. His input was invaluable) This post will explore how transactions will be validated using...

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...

Germany’s Financial Authority Sees Blockchain as Potential “New Standard” in Financial Markets

In a report this week, Germany's Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht), highlights the potential introduction of distributed ledger technology, also known as blockchain technology, in the financial industry. Known by its abbreviation BaFin, the...

Bank of Russia Investigates Potential of Implementing Blockchain Technology

The Bank of Russia has announced that it is to look into the possibilities of implementing new financial technology to its services. To investigate the potential, the central bank has established a working group for...

Australia’s Central Bank Foresees Possibility of Digital Aussie Dollar

Tony Richards, the Head of Payments Policy Department of the Reserve Bank of Australia (RBA), told a payment conference in Sydney this week that the advent of a digital national currency is a possibility. Richards stated: "Let...