Search Results for: Distributed ledger technology
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, ...
The B2 Group corporate customers confirm 2016 will be a year of revolution, not evolution
November 30th, 2015
Pace of change in financial services sector places more pressure on IT system readiness The B2 Group, provider of based payments, investment funds and FX automation software and consultancy solutions for transaction banks, third-party administrators, fund companies and corporates ...
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 ...
Bitcoin to be 6th largest reserve currency by 2030: Research
November 5th, 2015
Bitcoin industry insiders have issued an optimistic prediction for the cryptocurrency over the next few decades, suggesting it could be as widely used as the Swiss franc or the Australian dollar. U.K.-based Magister Advisors, which advises the technology industry ...
How Payment Giants Are Embracing Bitcoin and Blockchain Tech
October 30th, 2015
MasterCard‘s participation in Digital Currency Group’s undisclosed funding round sent ripples of excitement across the crypto-sphere earlier this week. While this is MasterCard’s first crypto-related investment, the multinational corporation is not the first mainstream finance company to dip its toe in ...
BoE Chief Economist: Blockchain-based Digital Currency Issued by Central Banks Could Replace Cash
September 29th, 2015
In a talk given at the Portadown Chamber of Commerce in Northern Ireland on September 18, Andrew G Haldane , Chief Economist at the Bank of England (BoE), has hinted at the possibility that the U.K. government might issue a digital currency. Though ...
UBS Building Virtual Coin For Mainstream Banking
September 7th, 2015
Swiss bank UBS is working on a prototype virtual currency that it hopes will be used by banks and financial institutions as a basis to settle mainstream financial markets transactions. But unlike the bitcoin digital currency, the Swiss bank’s ...
Bitcoin splits: Will it break, or be better than ever?
August 21st, 2015
With a market valued currently at more than $3 billion, and hundreds of millions invested in related technologies, a lot is riding on bitcoin. But the digital token some say could replace government-backed currencies is facing a crisis that ...
