Search Results for: blockchain technology
Russia’s Biggest Bank Wants To Adopt Blockchain. Not Bitcoin
December 11th, 2015
Sberbank, the biggest bank in Russia might adopt blockchain technology in the future. The bank plans to join the international consortium R3 and develop blockchain based services. However, as in the case of other international big banks, it doesn’t plan to use ...
Banks are still betting on blockchain over bitcoin
December 10th, 2015
Bitcoin is back in the limelight, with speculation again swirling around the mysterious identity of the creator of the world’s biggest cryptocurrency. Intense media coverage caused a spike in the bitcoin price, following the publication of parallel investigations by ...
Microsoft blockchain-as-a-service embraces Ripple
December 8th, 2015
Microsoft is working with Rippleto add a pure play transactional financial services angle to its recently released blockchain-as-a-service (BaaS) toolkit, Microsoft announced in October plans to provide a blockchain platform on its Azure cloud using Ethereum. The idea is ...
CBA builds a blockchain in its innovation lab
December 7th, 2015
In its Innovation Lab in Darling Harbour, a team of Commonwealth Bank of Australia computer engineers have built a working “blockchain”. For CBA, a “distributed ledger” is no longer a concept on a whiteboard, but a matter of hardware. ...
GOLDMAN SACHS: ‘The Blockchain can change… well everything’
December 4th, 2015
Goldman Sachs is a big bull on blockchain, the distributed ledger software that underpins digital currency bitcoin. In an “Emerging Theme Radar” note sent to clients on Wednesday, the bank says: “While the Bitcoin hype cycle has gone quiet, ...
Blockchain Consortium focused on the Commodity Markets
November 25th, 2015
Kynetix, a global leader in Commodity post trade technology platforms, today announced it is launching a Commodity-focused blockchain consortium. An inaugural dinner will take place in London this Wednesday with 15 participants representing major commodity exchanges, investment banks, clearing ...
BNP Paribas joins the R3 Blockchain Initiative
November 24th, 2015
The Group joins the R3 Blockchain initiative, which aims to establish whether an industry standard can be developed around Blockchain technology. This approach is part of the strategy of BNP Paribas, placing digital at the heart of its business ...
Commonwealth Bank Seeks Leading Blockchain Role with Sydney Conference
November 20th, 2015
The Commonwealth Bank of Australia will host a two-day blockchain conference in Sydney next month in an attempt to explore the technology’s potential. According to a Computerworld report, the bank – which recently partnered with distributed ledger startup R3CEV and has experimented ...
Nasdaq to develop blockchain services in Estonia
November 16th, 2015
Exchange and clearing house operator Nasdaq Inc plans to develop several applications for blockchain, the technology underpinning the digital currency bitcoin, using its Estonian settling and clearing business, a senior Nasdaq executive said on Friday. The blockchain is a ...
Deloitte eyes global accountancy blockchains
November 13th, 2015
Good karma was the consensus among those watching and in attendance at Ethereum’s DevCon1 conference when big four accountancy firm Deloitte took to the stage in the guise of the technology-focused Rubix Project. Matthew Spoke, strategy and execution lead ...