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 is dead

Chris Skinner

I used to blog about blockchain and distributed ledger technology (DLT) almost once a week … four years ago. Blockchain Digital Bank Fintech Grid Opinion PaymentsToday, I hardly blog about it at all.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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. Blockchain Fintech Future Grid Opinion

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. 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 Grid

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 Grid

 Blockchain Dials Up Smartphones

PYMNTS

The world’s first blockchain-enabled smartphone will debut in Bangladesh , India. Bitcoin Blockchain Hack? Separately, bitcoin’s blockchain has been hijacked by malware installed that uses the network itself to repel attacks, according to Forbes.

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 Grid

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

GrainChain Accelerates Farmer Payments With Blockchain

PYMNTS

GrainChain , the farming blockchain system for agriculture and farming business, has moved to the Symbiont network, Assembly, a change which the company anticipates will help expand its business, according to a press release.

The 10-year-old who runs a blockchain company

Chris Skinner

Blockchain Case Studies GridI often talk about the world changing thanks to young people who can code.

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

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. Blockchain GridNow this is a thorny area for three reasons.

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

WSFS taps blockchain firm Intain to automate capital markets transactions

Bank Innovation

WSFS Bank is working with Intain, a blockchain firm based in Chennai, India, to help automate capital markets transactions. based bank, a subsidiary of WSFS Financial, said it’s using Intain’s blockchain-based tool to facilitate trustee reporting for asset-backed securities transactions.

Did Blockchain Peak In 2019?

PYMNTS

And for blockchain, a few warning signs have been flashing that all may not be as rosy as some observers may have hoped, had wanted. This is not to say that blockchain is doomed. It’s anecdotal, but seems to be a tell, too, on whether enthusiasm for blockchain has waned.

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

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

Mastercard Inks Bahrain Blockchain Partnership

PYMNTS

Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions ( BENEFIT ) to develop a blockchain-powered B2B payments solution, according to a press release Tuesday (July 30).

Applying Blockchain to Payments

Chris Skinner

I’ve blogged for over a week about blockchain based developments in Clearing & Settlement and Trade Finance, and will continue for another week talking about the developments in Payments and Digital Identity. Blockchain Payments Uncategorized

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.

How Blockchain Is Transforming The Supply Chain

PYMNTS

There are two terms seen a lot in juxtaposition to supply chain lately: coronavirus and blockchain. Some new use cases and a new report put blockchain and the supply chain in perspective. That is why blockchain is referred to as being distributed or decentralized.

Blockchain-Friendly Smartphone Introduced By Samsung

PYMNTS

Samsung ’s latest Galaxy Note 10 aims to boost blockchain adoption by making it more user-friendly, The Wall Street Journal reported Thursday (Sept. The new product will be marketed as a “KlaytnPhone,” named after a South Korean blockchain platform, sources told the WSJ.

Blazing a path for blockchain in banking

Insights on Business

According to a report from Santander, blockchain technology is poised to save banks $20 billion dollars a year in infrastructure costs by 2022. Instead, he and his team identified a key client challenge for which blockchain could provide a valuable solution.

Bitcoin Daily: UK Wants Blockchain Rules With US; Figure Completes $150M In Home Loans Using Blockchain

PYMNTS

The alliance, a Libra competitor, provides an avenue for developers to create decentralized apps based on Celo blockchain technology as well as U.S. Figure CEO Mike Cagney said per the report, “It costs us significantly less to originate loans on blockchain.”.

 Samsung Eyes Blockchain Smartphone?

PYMNTS

In the world of blockchain phones, another name may crowd the pantheon. Said sites including thenextweb.com , Samsung, no small player in mobile devices, submitted three trademark requests in Europe that offer up some clues into blockchain-focused phones.

Blockchain Makes Inroads Into Banking

PYMNTS

In Asia, blockchain continues to get a boost from government and regulatory efforts, especially in the realm of trade finance done across borders. Separately, the South Korean government has been eyeing tax breaks for blockchain in a move that looks to bring innovation to the region.

Accenture Introduces Blockchain Procurement Solution

PYMNTS

Accenture has a blockchain solution that just went live, according to a press release. With increased supplier demand, Accenture buyer teams need to move quickly and effectively,” said Shane Marshall, the company’s managing director of Global IT and Blockchain.

Mastercard Blockchain Patent Would Support Multiple Currencies

PYMNTS

Mastercard has been awarded a patent for a proposed blockchain system that would support multiple types of currency. So Mastercard wants to implement a method to create a blockchain that enables different blocks that can store different types of information.

Accelerating Blockchain Transformation

Insights on Business

In March of 2016, I testified on the revolutionary nature of blockchains before the U.S. Since that time, blockchains have continued garnering interest across multiple industries from banking to health care, and have been explored for quite a few additional use cases. Permissioned blockchains can provide value to customers through their ability to establish consensus between parties, provenance of assets, immutability of ledgers, and finality of transactions.

Ripple Invests $25M in Blockchain Capital

Bank Innovation

Enterprise blockchain provider Ripple has made a $25 million investment in blockchain startup, Blockchain Capital, the company announced today. Capital Cryptocurrency Online Payments BlockChain Blockchain Capital cryptocurrency funding Investment Ripple

FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters.

Oracle Boosts Blockchain Efforts

PYMNTS

The movement to embrace blockchain — notably, among some tech giants — has gotten some momentum in recent days, with new announcements of projects going live. 12) that it has as many as a dozen enterprise clients using a cloud-based blockchain platform that went live in the summer of 2018.

Blockchain for KYC: Game-changing RegTech Innovation

Insights on Business

Consider, for example, the blockchain space. Innovators such as Alex Carmichael, COO of Promontory Financial Group Australasia, are expanding the frontiers of blockchain innovation into areas such as risk and compliance, anti-money laundering and know-your-customer (KYC).