Payments Dive

JANUARY 21, 2020

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.

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Payments Dive

NOVEMBER 3, 2020

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

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Chris Skinner

MAY 9, 2019

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?

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Perficient

MAY 27, 2020

Blockchain is an example of a distributed ledger systems and as such shares the same performance a concerns as any other distributed systems. The original blockchain paper implemented an elegant solution to this problem: the Merkle tree. In blockchain systems, a block must hold a complete history of all valid transactions.

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Chris Skinner

DECEMBER 13, 2018

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?

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Chris Skinner

JANUARY 21, 2019

Today’s share is from Simon Taylor, he of the blockchain fame … The post Will blockchain replace core banking? appeared first on Chris Skinner's blog.

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PYMNTS

MAY 20, 2020

Is now the prime time for blockchain ? As COVID-19 has disrupted supply chains worldwide, Brian Behlendorf , executive director of Hyperledger , told Karen Webster that the pandemic has spurred a shift in thinking about new use cases for permissioned blockchains. The Emerging Use Cases.

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Chris Skinner

AUGUST 14, 2018

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?

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Chris Skinner

MARCH 7, 2018

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. appeared first on Chris Skinner's blog.

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Chris Skinner

NOVEMBER 24, 2019

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. It starts with talking about how Santander can make a difference on climate change with Ana claiming that the bank is voted the most sustainable bank in the world.

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Payments Dive

JANUARY 4, 2019

What's holding the blockchain back? What can make it more secure? Panelists at Financial Services Data Security Summit, sponsored by Thales and Networld Media Group, shared thoughts on these issues.

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Chris Skinner

SEPTEMBER 29, 2019

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? One of the main headline grabbers for me came from R3.

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Chris Skinner

APRIL 1, 2019

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! For those fooled by yesterday’s spoof news about Alipay and Visa, did you notice it was April 1? appeared first on Chris Skinner's blog.

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PYMNTS

NOVEMBER 4, 2020

Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies. Liink, J.P.

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Accenture

JANUARY 8, 2021

The post CBDC and Technology: Enabling blockchain to drive change appeared first on Accenture Banking Blog. CBDC tokens can exhibit features akin to those of a bearer instrument—such as a bank note—encapsulating all of the properties needed to assign value,….

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PYMNTS

MAY 18, 2020

Japan-based credit card and payment firm JCB has announced a partnership with tech startup accelerator TECHFUND to explore the idea of a payment system with blockchain options, the company said on Friday (May 15). TECHFUND isn’t new to the blockchain sphere, having explored helping entrepreneurs with service token offerings in the past.

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Payments Dive

JUNE 11, 2019

Giants in retail, banking and the Web are rapidly adopting blockchain technologies. But, will these companies such as Google and Facebook truly dominate blockchain?

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Payments Dive

SEPTEMBER 11, 2018

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

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Chris Skinner

JULY 4, 2018

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.

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Chris Skinner

JULY 9, 2019

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.

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PYMNTS

APRIL 1, 2020

And it could be one of the killer apps for blockchain. “We That will be possible due to two features of blockchain. Because it is essentially a digital ledger, every element of an agreement between a food supplier and vendor is captured on blockchain and cannot be amended without the express consent of both parties.

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PYMNTS

DECEMBER 21, 2020

JCB , a Japanese card provider, is developing a blockchain B2B payment offering specifically for netting trades between two parties. In May, JCB unveiled a partnership with TECHFUND , the tech upstart accelerator, to look into the idea of a payment infrastructure with blockchain options.

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PYMNTS

FEBRUARY 28, 2020

To explore the positive impacts of blockchain on small businesses, the U.S. The “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses” hearing will be held on March 4 at 11:30 a.m. House of Representatives Committee on Small Business plans to hold a hearing next week.

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PYMNTS

MARCH 9, 2020

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 “single version of the truth” (similar to a bank balance) is the blockchain version of trust.

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Payments Dive

FEBRUARY 8, 2019

Futurist Ian Khan sees the potential for blockchain going beyond revolutionizing the payments industry to transforming entire cities.

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PYMNTS

JUNE 8, 2020

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. Visa has also explored the idea, with a patent application for its own digital currency, underpinned by blockchain.

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PYMNTS

SEPTEMBER 14, 2020

Standard Chartered has announced the completion of the first cross-bank Letter of Credit (LC) transaction over blockchain, between Vietnam and Thailand, according to a report from FinanceFeeds. It was completed over the blockchain-based Contour network, which is an open industry platform and focused on digitizing trade finance.

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PYMNTS

JANUARY 21, 2021

HashCash Consultants , which works in blockchain, is working with an unnamed U.S.-based based bank to help them finance their corporate trade owing to a sophisticated blockchain platform for B2B payments, a press release says.

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PYMNTS

DECEMBER 22, 2020

Decentralized digital finance trade platform Contour has completed a pilot blockchain transaction between textile companies Tainan Spinning and Century Synthetic Fiber Corporation in Vietnam, according to a press release. The release also stated the transaction showcases the business growth in Vietnam and Taiwan. "As

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PYMNTS

MAY 22, 2020

It’s a tall order, Overstock CEO Jonathan Johnson told Karen Webster in a recent digital discussion, but the power of blockchain can be critical in addressing it. The consumer chooses to access their health record via a blockchain transaction, then chooses which businesses they wish to share information with, he said.

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PYMNTS

FEBRUARY 7, 2020

It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology still has a lot to offer venture capitalists. blockchain startup Envoy will be used to bolster its supply chain and trade finance platform, the company told PYMNTS in an emailed announcement.

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PYMNTS

SEPTEMBER 10, 2019

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. Telegram to Deliver (on Blockchain)? Finney will cost $999.

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PYMNTS

OCTOBER 20, 2020

Information technology services provider Mphasis is teaming with global enterprise services provider R3 to work on blockchain-based payment solutions, a press release says. Corda is a blockchain platform that eliminates expensive friction in business transactions.

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PYMNTS

SEPTEMBER 5, 2019

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. Right now, it’s only being sold in South Korea.

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PYMNTS

NOVEMBER 25, 2020

The Federal Ministry of Finance in Nigeria is said to be in discussions with the securities watchdog in the country to create a new digital currency and blockchain structure, Cointelegraph reported. In other news, The Australian Border Force (ABF) is holding a blockchain pilot with Singapore, according to an announcement.

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BankUnderground

OCTOBER 10, 2024

Blockchain technology, known for its secure and transparent digital ledger, has the potential to revolutionise traditional insurance operations. But, first, we need to know what is a blockchain and how it works. Blockchain – the ‘what’ and the ‘how’ At its core, blockchain is a type of Distributed Ledger Technology ( DLT ).

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PYMNTS

SEPTEMBER 20, 2020

ECS Fin , which works in transaction processing optimization, will launch a pilot program to test the integration of blockchain services of Apifiny 's Roxe network to help companies save time and costs on B2B payments, according to a press release.

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