02/20/2018
ABN AMRO Launches Block Chain Based Alternative For Escrow Service
The process considerably reduces administrative costs for the organization as escrow account management costs are eliminated.
Bitcoin, Blockchain & AI
02/20/2018
Saudi blockchain pilot could save banks up to $400m per year, Moody's says
Central bank inked deal with Ripple last week to use blockchain for cross-border payments
02/20/2018
Blockchain Starting To Take Hold In Africa
Africa is the last frontier for payment companies.
02/19/2018
BlackRock bulks up research into artificial intelligence
World’s biggest investment group to create AI lab in Palo Alto
02/16/2018
Blockchain-based payments ideal for Bahrain
The project is not meant to go live with a big bang go-live approach where you have 40 entities onboard because that would be a catastrophe, that is why you go step by step, we want to start with two and go from there.
02/16/2018
Lebanon hops on the crypto train
Entrepreneurs aspire to tackle the digital economy on six fronts
02/16/2018
Banca: A blockchain technology to revolutionize traditional investment banking in Wall Street
The bankruptcy of Lehman Brothers, one of the well-known investment banking firm throws light on how they pushed world financial resources into assets relating to the housing bubble for their own benefits.
02/15/2018
FC Bari becomes first Italian club to join blockchain-based London Football Exchange
This clearly demonstrates the real life use case of how LFE platform can benefit both clubs’ funding options and fans’ involvement in the game.
02/14/2018
Dubai finds solution to bitcoin hacking – the most protected vault in the world
BITCOIN hacking has forced cryptocurrency investors to investigate new ways to protect the digital tokens following a series of hacks and cyber attacks.
02/14/2018
ICO regulation in Asia
There are three types of tokens and depending on which is used by the project company, they will be regulated differently.
02/14/2018
European officials: Virtual currencies are no way to pay
Weidmann is head of Germany’s national central bank and also sits on the governing council of the European Central Bank, issuer of the shared euro currency.
02/14/2018
South African Reserve Bank plans to regulate cryptocurrencies, possibly FinTech
The South African Reserve Bank (SARB) has a responsibility to promote a sound and effectively regulated financial system. The SARB therefore takes a balanced approach to technological innovations, considering the potential benefits and risks of each innov
02/14/2018
South Africa's Central Bank Eyes JPMorgan Blockchain Tech
"The aim of this project is to gain a practical understanding of DLTs through the development of a proof of concept (PoC) in collaboration with the banking industry."
02/13/2018
Hedge fund manager goes all-in on bitcoin
When asked if he is comfortable with the wild swings in cryptocurrency value, Kelly said he is "comfortable with that."
02/12/2018
European banks break ranks over cryptocurrencies
Despite prospect of tighter regulations, smaller lenders see an opportunity
02/12/2018
Blockchain technology offers much more than the current bitcoin hype might suggest.
DLT helps mitigate this risk by integrating all invoices into a single, secure ledger which all banks can access and query at any time.
02/12/2018
Abu Dhabi financial regulator may create framework for virtual currencies
Previously, regulators in the UAE had expressed scepticism about cryptocurrencies, without going as far as trying to enforce an outright ban on them.
02/12/2018
Thai central bank bans banks from cryptocurrencies
Banks are prohibited from investing or trading in cryptocurrency, offering cryptocurrency exchanges and creating platforms for cryptocurrency trading.
02/11/2018
Arizona Could Become First U.S. State to Allow Certain Concessions for Cryptos
The thought of a state in the U.S. allowing its taxpayers to cover their bills with cryptos may sound ludicrous, but Arizona is looking to allow for just that.
02/11/2018
Guardians of the cryptos: Japan trust banks eye new role
Services would protect assets from hackers and exchange bankruptcies