Sunday, September 24, 2017

Global Risk Technologies CIO Appraises Blockchain Technology for Consumers and Merchants

Recently, the World Economic Forum predicted blockchain technology will “fundamentally alter the way financial institutions do business around the world” and will soon become “the beating heart” of the finance industry. Monica Eaton-Cardone, an...

Blockchain Travel Competition and Investment Tool From Drachmae Travel

Drachmae Travel Club, an exclusive blockchain travel portal, is conducting a competition for travellers. The 'Bitcoin Altcoin and Blockchain Competition' requires participating travellers to record the travel details and expenses incurred during their trips...

IBM, Crédit Mutuel Arkéa Complete Blockchain-Based Customer ID Project

IBM and Crédit Mutuel Arkéa have announced the completion of their first blockchain project to improve the bank’s ability to verify customer identity. The result of this pilot is an operational permissioned blockchain network...

Indian Banks Look at Blockchain Tech to Eliminate Back Office

Blockchain technology has become the focus of attention of some of the world's largest financial institutions with Indian banks being no exception. Banks such as Axis Bank Ltd. are vigorously looking at blockchain technology to...

PeerNova Wins 2016 TiE50 Technology Award

PeerNova, Inc. has revealed that it has been selected as a “2016 TiE50 Winner” for the TiE50 Technology Awards Program. Winners were announced on May 6th at the organization’s annual entrepreneurial conference, TiEcon. Executives...

Capgemini, Ascribe Alliance Brings Blockchain to Banking Loyalty Rewards Systems

Consulting, technology and outsourcing services provider, ascr has announced an alliance with ascribe GmbH to develop a blockchain database solution built on BigchainDB, for a rewards and loyalty system for consumer banking that tracks processed...

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...

Blockchain Inspector Founder Discusses Blockchain Fraud Detection Tool

Blockchain Inspector, based in the French commune of Angoulême, is an early stage startup aiming to use blockchain to combat fraud. In March, they signed a deal with their first customer, a London Bitcoin exchange,...

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...

Hong Kong Gov Plans Blockchain Tech Incubation for Financial Services with Tech Funds

In his ninth budget speech last week, Hong Kong's Financial Secretary John Tsang highlighted the Hong Kong government's plan to foster the utilization of blockchain technology in the city's financial services industry and incubate...