Tuesday, September 26, 2017

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...

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,...

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...

D+H Integrates Multi-Chain, Private Blockchain for Banking Customers

D+H, a Toronto-based financial technology provider that earned $800 million in 2014, announced this week that it has integrated distributed ledger technology into its global payments services hub. The blockchain solution was built as an extension of...

Research Identifies Challenges for Blockchain Clearing and Settlement

TABB Group, a London-based financial markets research firm, has completed a report that highlights challenges for transforming market settlement to blockchain-based systems. TABB research concurs there are major technological incentives for moving markets to the blockchain, namely decentralizing...

Linux Foundation’s Hyperledger Project Members Include Banking, Tech Giants

The Linux Foundation revealed yesterday new members of the Hyperledger Project and its formal open governance structure. Announced at the end of 2015, the Hyperledger Project is an open source project to advance the blockchain digital technology for recording and...

Eris Industries Becomes First Blockchain Platform on Amazon Web Services

Two months after its software was added to Azure, UK-based Eris Industries today became the first blockchain technology company to offer a solution on the Amazon Web Services Marketplace Preston Byrne, Eris Industries' COO, revealed the news on the startup's...

Goldman Sachs Tech Head Sees Blockchain as Solution for Banking Back Office

Goldman Sachs co-head of technology, Don Duet, recently discussed the applicability of blockchain technology for banking y in a podcast from the investment bank titled “The Digitization of Finance.” Duet the idea of implementing  blockchains for bank back office infrastructure: The ability to have...

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...

IBM Commits to Blockchain Availability for Exchanges, Banks, Financial Services

IBM today announced a number of initiatives spanning technology and business consulting that significantly expand its blockchain technology services and solutions. These offerings include a blockchain-as-a-service for developers, IBM "Garages" for blockchain app design and implementation...