New Blockchain Platform Accepted by Hyperledger Project for Incubation Status

Soramitsu Co., Ltd., developer of open source distributed ledger and smart contracts platform Iroha, has submitted and had its platform accepted to the Linux Foundation's Hyperledger Project as an incubation sub-project. Iroha will join...

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...

JPMorgan Tests Blockchain USD Transfers for Months Between London & Tokyo

The largest US bank, JPMorgan Chase, has for months been testing proprietary blockchain technology to make US dollar transfers between London and Tokyo for nearly 2,200 clients, according to the Wall Street Journal. The bank is examining...

Coinsecure and OKLink to Bring Blockchain Remittance to India

Indian bitcoin company Coinsecure has announced a new partnership with OKLink in order to provide blockchain technology based remittance services in India. The newly launched OKLink is part of OKCoin's initiative to provide digital...

Ripple Introduces New, Unified API for Consensus Ledger with Improved Source Code

Ripple recently announced an improved, unified interface to the Ripple Consensus Ledger. The new RippleAPI merges two original APIs, ripple-lib and Ripple-REST, into a single high-level interface for JavaScript that, according to Ripple is "fully documented, tested, schema-validated,...

R3 Successfully Tests 11 Major Global Banks on Ethereum P2P Distributed Ledger

Banking blockchain technology company, R3 CEV, revealed yesterday the completion of a distributed ledger experiment involving eleven of the largest global financial institutions. R3 and eleven of the 42 banks that joined its consortium, Barclays,...

Samsung, Korean Banks Ramp up Blockchain Development

As Samsung Group seeks to lead the fintech industry, the South Korean electronics giant is turning its eyes toward blockchain technology. Reports from Korean media outlets suggest that the firm is planning to set...

Stellar, Oradian Jointly Make Low-Cost Payment Available to Nigerian Rural Women

Stellar, a cryptocurrency non-profit corporation, and Oradian, a fintech firm providing core-banking software in West Africa, have launched a low-cost live payment transfer network among microfinance organizations in Nigeria. Through the integration of its banking software with Stellar's network, Oradian...

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...

World Economic Forum Names Blockchain Technology Pioneer

Blockchain has been named as World Economic Forum Technology Pioneer, joining other big names in being recognized as having the potential to significantly impact business and society through new technologies and advance the Fourth...