Search Results for: blockchain technology
Blockchain Presents A New Model For Transactive Energy
November 28th, 2016
Peer-to-peer (P2P) power trading presents a promising use case for blockchain technology and supports transactive energy, according to a report from Navigant Research. Owners of distributed energy resources will be the first stakeholders. Blockchain technology could provide a new ...
Another R3 Exit: Spanish Bank Santander Quits Blockchain Consortium
November 23rd, 2016
The Spanish banking giant’s decision to let its R3 membership lapse is the second high-profile exit from the working group and comes in the months after it roped in Blythe Masters for a blockchain advisory role at the bank. Masters is the chief ...
Goldman Sachs Drops Out of R3 Blockchain Group
November 22nd, 2016
Goldman Sachs Group Inc. has dropped out of the R3 CEV LLC blockchain group. The investment bank was one of nine original members of R3, founded in 2014 to explore the use of the distributed database technology in Wall Street infrastructure. ...
Korea Exchange Launches Blockchain-Powered Private Market
November 17th, 2016
The Korea Exchange (KRX), South Korea’s sole securities exchange operator, has launched a new service in which equity shares of startup companies can be traded on the open market. Called the Korea Startup Market (KSM), the service is being provided in partnership ...
UNICEF invests in tech start-ups; first investment in a blockchain start-up
November 15th, 2016
UNICEF today announces its first portfolio of investments in open source technology solutions including tools that improve connectivity, real time data collection, identity technology and learning. The UNICEF Innovation Fund applies a venture capital approach to source solutions for ...
R3 partners with Monetary Authority of Singapore to launch Asia Blockchain Centre of Excellence
November 9th, 2016
Financial innovation firm R3 has collaborated with the Monetary Authority of Singapore (MAS) to launch its first dedicated distributed ledger technology (DLT) Center of Excellence in Asia as it continues to expand its presence in the region. As Singapore’s ...
Deloitte: Blockchain reinvents the financial services industry
November 2nd, 2016
Deloitte Global report highlights use cases for distributed ledger technology to transform the industry Distributed ledger technology (DLT), more commonly known as blockchain, is challenging traditional business models and providing new opportunities to reinvent financial services, according to a ...
42 Banks Join New Japanese Blockchain Consortium
November 2nd, 2016
42 banks are joining a newly-created Japanese blockchain consortium to enhance the cross-border payment industry. The consortium will focus on research and development, and will cover domestic and foreign exchange services by utilizing blockchain technology. The Japanese blockchain organization ...
A bank in the Netherlands and a local university are working on blockchain prototypes
October 27th, 2016
A prominent bank in the Netherlands is working with a local university to develop a series of blockchain prototypes. ABN Amro, which is a member of the Linux Foundation-led Hyperledger project and an investor in blockchain startup Digital Asset ...
Blockchain applied for the first time in a global transaction
October 24th, 2016
Blockchain, the technology behind digital currency bitcoin and now being used to simplify secure financial transactions, has been applied for the first time in a deal facilitated by an Australian bank to sell cotton to China. The Commonwealth Bank ...
