Blockchain takes on forgeries, counterfeits

Mobile Payments Today

Blockchain, however, might hold the key to solving this issue of forgeries by providing a virtual "paper" trailCounterfeiting is an absolutely massive industry, logging in trillions of dollars every year.

Who needs a blockchain?

Chris Skinner

I often say that blockchain is one of the most complex areas, combining all we don’t know about technology with all we don’t understand about finance. Some things that claim to be blockchain don’t use blockchains, and some blockchains claim not … The post Who needs a blockchain? Blockchain Fintech GridIt’s a big hole of acronyms, confusion and debate.

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Blockchain is dead

Chris Skinner

I used to blog about blockchain and distributed ledger technology (DLT) almost once a week … four years ago. I guess it just shows what’s top of mind and what’s not at any time in FinTech and, right now, blockchain is not … The post Blockchain is dead appeared first on Chris Skinner's blog. Blockchain Digital Bank Fintech Grid Opinion PaymentsToday, I hardly blog about it at all.

3 keys to understanding blockchain

Mobile Payments Today

Blockchain technology can be very difficult to understand, but it doesn't have to be. You just have to grasp three basic key facts

The Future Of Payments Is Blockchain

PYMNTS

Stephen Pair, co-founder and CEO of BitPay, believes blockchain is the future of the payments industry. In The Connected Economy’s Power Source – CEO Edition , find out why Pair thinks that merchant and consumer adoption of blockchain will continue to accelerate in 2021.

Can blockchain transform cross-border payments?

Mobile Payments Today

Cross-border payments are fraught with difficulties from long paper trails to complicated contracts/ Blockchain has emerged as a possible contender to streamline the process, however, but is it ready to tackle cross-border payments

Bitcoin, Stablecoin, Blockchain, Enterprise Ledger … WTF?

Chris Skinner

I used to blog about blockchain and cryptocurrency almost every day. In fact, my last blog was about the blockchain hype being dead, but the blockchain dream is still very much alive. Now, most people think that blockchain is something … The post Bitcoin, Stablecoin, Blockchain, Enterprise Ledger … WTF? Blockchain Fintech Future Grid OpinionI stopped as it got too hyped, scammed and boring.

Are you pulling my blockchain?

Chris Skinner

I just gave a presentation on blockchain. I haven’t been asked to make a specific presentation on blockchain for over a year, so it meant dusting off some rusty notes and slides and thinking about where we are today. I know that last year, I spent most of the year … The post Are you pulling my blockchain? Blockchain Fintech Future Grid

Will blockchain replace core banking?

Chris Skinner

Today’s share is from Simon Taylor, he of the blockchain fame … The post Will blockchain replace core banking? Blockchain Future GridI’ve got lots more to write about digital transformation and the things I’m learning from banks engaged in doing it but, to give you a break, I also have a couple of fantastic guest submissions which are worth sharing.

Blockchain is dead, long live the Blockchain

Chris Skinner

Lots of people saying that blockchain is past its sell-by date, R3 are bust and distributed ledgers are dead. I think it’s related to the journalists who, having delighted in bigging up blockchain big time for the past two years are now relishing … The post Blockchain is dead, long live the Blockchain appeared first on Chris Skinner's blog. Blockchain Fintech Future Grid Innovation Technology ValueWeb

The advantages of blockchain over traditional payments

Mobile Payments Today

By eliminating middlemen, cross-border blockchain payments can result in even faster transfers while significantly reducing costs for both merchants and customers

Nevada Gov Sisolak Wants Blockchain-Based Cities

PYMNTS

Steve Sisolak has laid out guidelines for technology companies to develop whole cities based on blockchain, The Wall Street Journal (WSJ) reported. Blockchains has secured rights to groundwater near a desert playa 100 miles away, with plans to build a pipeline. Nevada Gov.

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How blockchain will impact the supply chain

Mobile Payments Today

Blockchain technology can provide excellent tools for supply chain management. Former Coca-Cola executive Kraig Adams talks about how he got involved with blockchain technology and how it will transform supply chain management

Blockchain 101: Mobile payments

Mobile Payments Today

Let's take a look at the what blockchain is, and how it can help transform the mobile payments industry

Do we need a blockchain?

Chris Skinner

I haven’t written about blockchain for a while. I’m not bored of the promise of blockchain and distributed ledger technologies. Just bored of how much hype there has been and of so many companies claiming to have the latest blockchain breakthrough. … The post Do we need a blockchain? Blockchain Digital Bank Fintech Grid TechnologyI guess it’s because I got bored of it.

Blockchain: a solution looking for a problem?

Chris Skinner

These included: Mastercard partners R3 … R3 and Infosys complete blockchain trade finance trial Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT … The post Blockchain: a solution looking for a problem? Blockchain Future GridBeing conference season, there were many announcements in the past week about headlines companies wanted to gain with their innovations. One of the main headline grabbers for me came from R3.

MPs battle over blockchain

Chris Skinner

Conservative MP Eddie Hughes has just written a 36-page white paper extolling the benefits of blockchain for Britain, which was published yesterday Unlocking Blockchain: Embracing new technologies to drive efficiency and empower the citizen, by FREER. FREER is a major new initiative from the Institute of Economic Affairs (IEA, a … The post MPs battle over blockchain appeared first on Chris Skinner's blog. Blockchain Grid Innovation

Corporates Take A Deeper Dive Into Blockchain

PYMNTS

Morgan Blockchain Network. Morgan Chase ’s blockchain payment network. Morgan expand its blockchain operations in India while the SBI would loop into Liink , the blockchain infrastructure that facilitates global transactions. RowanPay To Launch Blockchain Payment Network.

Ana Botin of Santander on FinTech and Blockchain

Chris Skinner

But when the interviewer, Erik Schatzker, asks her … The post Ana Botin of Santander on FinTech and Blockchain appeared first on Chris Skinner's blog. Blockchain Digital Bank Fintech Grid Innovation Payments Purpose

What’s next for blockchain?

Chris Skinner

I recently wrote an article for Bloomberg’s Business Week, and thought it worth sharing with y’all here: What’s next for blockchain? Everyone got very excited a few years ago about blockchain technologies, the ledger system that was spawned by the arrival of bitcoin in 2009. It allows the recording of … The post What’s next for blockchain? Blockchain Digital Bank Fintech Grid Innovation ValueWeb

Beyond Crypto: Getting Back To The Basics Of Blockchain

PYMNTS

While someone buying a simplistic image of the Dogecoin mascot for $69,000 or a pixelated image of sunglasses for over $26,000 is certainly attention-grabbing, stories like these can easily overshadow the backbone on which all these transactions are based: blockchain.

State Bank Of India Joins Liink, JPMorgan’s Blockchain Network

PYMNTS

Morgan’s peer-to-peer blockchain-based data network, according to a report from The Economic Times. While bank-led remittances can cost 10 percent globally, blockchain “removes the need for correspondent banking,” Nitin Sharma , partner at Antler Group, told ET.

UPDATE: The Blockchain Hype is Dead!

Chris Skinner

Talking about spoof news, I think my blog Blockchain is dead upset a few blockchain enthusiasts. Don’t get me wrong, as it’s … The post UPDATE: The Blockchain Hype is Dead! Blockchain Future GridFor those fooled by yesterday’s spoof news about Alipay and Visa, did you notice it was April 1? If not, you should have clicked the link in the blog. appeared first on Chris Skinner's blog.

Is Stupid Money Chasing Blockchain?

Bank Innovation

There seems to be a profound conundrum facing blockchain and its implications for financial services. While it is true that blockchain seems to have the potential to “transform” financial services, it also faces steep challenges. It begs the question: is the at least $250 million invested in blockchain so far this Read More. Commerce Compliance Corporate Operations Payments Risk Security Technology ACI BlockChain central banks INV Fintech UBS

Volofin To Offer Blockchain Invoice Financing System

PYMNTS

Singapore-based volofin will offer a blockchain invoice financing system for backers and small to medium-sized businesses (SMBs) in Singapore, India and the United States at the beginning of April, Reuters reported on Tuesday (March 23), citing the firm’s chief executive.

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Creating a ‘Blockchain Industry:’ Patenting the Blockchain

Bank Innovation

Patent filings for blockchain technology have more than tripled since 2014; this spike includes patents filed by cryptocurrency exchanges such as Coinbase, payment processors like Mastercard, and banks like Goldman Sachs and the Bank of America. Online Payments Technology Virtual Currency Bitcoin BlockChain cryptocurrencies MasterCard patent law

Applying Blockchain to Identity

Chris Skinner

In my final deep dive into blockchain use cases, I come to digital identity. First, we need to understand what we mean by identity before we can talk about how blockchains could help. Second, we need to understand the difference between blockchain and shared ledgers which, … The post Applying Blockchain to Identity appeared first on Chris Skinner's blog. Blockchain GridNow this is a thorny area for three reasons.

The 10-year-old who runs a blockchain company

Chris Skinner

My examples include John and Patrick Collison, Stripe, who were 19 and 21 when they started their business; Andrew Kortina and Iqram Magdon-Ismail, who were in their mid-20’s when they created Venmo; Nicolay Storonsky, who was … The post The 10-year-old who runs a blockchain company appeared first on Chris Skinner's blog. Blockchain Case Studies GridI often talk about the world changing thanks to young people who can code.

50 shades of blockchain …

Chris Skinner

I’ve written about Bitcoin and blockchain for half a decade, and now banks are all talking about it too. There is a belief that the blockchain technology that came from the Bitcoin structure could revolutionise banking. But there’s a problem, not with blockchain protocol, but with the hype and confusion that surrounds it. How will banks … The post 50 shades of blockchain … appeared first on Chris Skinner's blog. Blockchain Grid Technology ValueWeb

Ledgermatic, Algorand Work On Corporate Blockchain

PYMNTS

Ledgermatic , which works on treasury tools to help corporates use digital assets, is working with Algorand as its blockchain protocol partner, according to a Tuesday (Feb. Blockchain Algorand B2B B2B Payments crypto Ledgermatic News What's Hot In B2B

Blockchain in the coronavirus era

Payments Source

Avivah Litan, vice president and distinguished analyst at Gartner, explains the evolving role blockchain has taken during the coronavirus pandemic. Blockchain Biometrics Coronavirus

Blockchain in Insurance #insurtech

Bank Innovation

Blockchain in Insurance is currently at this intersection, which is why we see so much interest in the subject. The technical risk is lessening every day (there… Read more Blockchain in Insurance #insurtech. Newswire Bitcoin & Blockchain BlockChain InsurTech P2P Insurance smart contracts

Blockchain can bridge borders for payments

Payments Source

By leveraging cutting-edge technology like blockchain, we can solve real problems in payments that impact everyone, everywhere, says Ripple's Vidya Mani. Blockchain Cross border payments Digital payments Payment processingSending money should be simple, but fintechs can’t do it alone.

Easing Blockchain's Introduction To The Global Payments Ecosystem

PYMNTS

That doesn't mean organizations can't achieve similar benefits from crypto's underlying infrastructure, blockchain, according to Carrie Sattler , CEO of RowanPay. Blockchain is not going to go anywhere," Sattler predicted.

Switzerland as the jurisdiction for new blockchain based finance

Daily Fintech

February kicked off with news that Switzerland now lets tokenized securities trade on a blockchain with the same legal standing as traditional assets. The post Switzerland as the jurisdiction for new blockchain based finance appeared first on Daily Fintech.