Tradeblock Founders Establish Axoni to Provide Permissioned Ledger Tech

TradeBlock announced the launch of Axoni, a new company focused exclusively on the permissioned ledger space. Created by the founders of TradeBlock, Axoni is assisting financial institutions and service providers to bring blockchain technology...

ICAP Completes Blockchain Proof of Technology Test with Axoni

ICAP, a markets operator and provider of post trade risk mitigation and information services, just revealed that its post trading division has completed a proof of technology test case for "a distributed ledger using blockchain...

Mizuho Bank, Fujitsu Trial OAP Blockchain System for Cross-Border Securities Transactions

Mizuho Bank, Fujitsu, and Fujitsu Laboratories today announced that they have jointly conducted a trial using blockchain technology to reduce the processing time for cross-border securities transactions, from the current three days to same-day settlement. The test...

Symbiont, Ipreo Create Venture for Blockchain Enabled Loan Trade Settlement

Ipreo and Symbiont have announced that they are creating a new company to innovate manual processing in the global syndicated loans market which is estimated to be worth $3 trillion. The new business will...

Global Securities Industry Group Survey Finds 55% of Firms Engaging in Blockchain Tech R&D

The International Securities Association for Institutional Trade Communication (ISITC) revealed Tuesday results of its annual member survey of global financial industry plans for 2016. The industry group's research found that 62% of firms see investment in technology as a top...

Korean Exchange Operator Intends Using Blockchain Tech for Off-Board Market

The Korea Exchange (KRX) said this week that it plans creating a blockchain technology platform to enhance the country's off-board trading market, according to a report in the Korean Times. KRX reports that it has...

Wall Street Vet on How Banks Will Make Cost Savings, Profits from Blockchain

I chatted with George Samman (Twitter: @sammantic) about banking with the blockchain. George is the former CMO of Fuzo which is using blockchain to bring financial inclusion to the developing world. He is also Committee...

US CFTC Commissioner Calls for Regulators to Embrace Blockchain Technology, Not Stifle It

One of the commissioners of the US Commodity Futures Trading Commission, J. Christopher Giancarlo, stated on Tuesday that regulators should accept technologies like the blockchain and not stifle innovation. At a meeting of the CFTC's...

Dubai Gov Incubator Creates Blockchain Council, Plans Projects for Commodities, Kraken Bitcoin Exchange

The Dubai Museum of the Future Foundation, a government incubator of innovative technologies, says that it is establishing a Global Blockchain Council to explore current and future applications of blockchain technology. The council will examine the implications of the technology on...

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...