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...
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...
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...
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...
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...
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...
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,...
French Left Assails “La Blockchain” as Massive Jobs Destroyer, Threat to State Power
It appears that blockchain technology is not popular on France's two political extremes.
Two of France's leftist political parties have, in a document called "Digital Revolution", attacked blockchain technology along with Big Data, Internet of...
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...
