Wednesday, February 24, 2016

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...

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...

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...

DTCC Encourages Financial Sector Collaboration, Authorities Play “Leading Role” on Distributed Ledger Tech

The Depository Trust & Clearing Corporation (DTCC), the US post-trade financial services company providing clearing and settlement services to the financial markets, has released a white paper that calls for financial sector collaboration in...

R3 Successfully Tests 11 Major Global Banks on Ethereum P2P Distributed Ledger

Banking blockchain technology company, R3 CEV, revealed yesterday the completion of a distributed ledger experiment involving eleven of the largest global financial institutions. R3 and eleven of the 42 banks that joined its consortium, Barclays,...

Where’s China in Global Blockchain Movement? Starting a Digital Currency

One question at a Hong Kong blockchain conference yesterday shook up perspectives of R3's ambitious plan with 42 major banks to develop blockchain technology for the global financial sector. The questions was simply "Where is China?". The...