Friday, October 20, 2017

Remitsy Enables Overseas Firms to Cheaply Deliver RMB to China Recipients

One of the earliest and most frequently mentioned blockchain technology use cases is in international payments. One of the providers making payments faster, easier and cheaper using blockchain technology is London- and Beijing-based Remitsy. Remitsy...

SETL Launches Blockchain Powered Platform to ‘Revolutionize’ Settlements and Payments

SETL, a London-based firm that develops blockchain-powered institutional payment and settlement infrastructures, has unveiled its first commercial offering, a new platform that allows market participants to commission and run permissioned registry service for payments,...

Bitwala Nominated to Pioneers Festival Top 70 Startups

Bitcoin-powered remittance startup Bitwala has been nominated one of the top 70 startups in Pioneers Festival 2016. The Pioneers Festival is one of the largest entrepreneurship and innovative technologies events in Europe, and will take place on May...

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...

Ripple Hires HSBC Executive and SWIFT Board Member

Ripple, the provider of distributed ledger financial settlement solutions, has announced the employment of Marcus Treacher as Global Head of Strategic Accounts. Treacher apparently has more than 30 years of experience in transaction banking and payment system...

Tendermint CEO on Powering Blockchains with Speed, Security, Scalability

Tendermint is an open source, blockchain & language agnostic socket protocol that facilitates distributed application deployment. In particular, banks could run a Tendermint enabled ledger with publicly identified validators for fast settlement of transactions. I had...

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...

Japan’s Largest Tech & Financial Firms Collaborate on Blockchain Tech Enabled Financial Services

A cooperative effort has been announced between ORIX Corporation, ORIX Bank Corporation, The Shizuoka Bank, Ltd., NTT DATA Corporation, and NTT DOCOMO Ventures, Inc. in which they have agreed to commence joint research toward...

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,...

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...