PYMNTS

MARCH 13, 2017

The blockchain has a problem — it is really, really backlogged. As bitcoin has gotten more popular, the number of people trying to use it has grown, and along with it the number of transactions on the good old blockchain technology that underpins bitcoin. We can’t tell how the hard fork will play out.

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BankInovation

DECEMBER 20, 2021

million digital dollars to Coastal Community Bank in an inaugural demonstration last week of a new payment rail built on blockchain technology. billion Coastal Community Bank Dec. Western Alliance Bank transferred $1.1 More than 100 U.S. The Digital Interbank Network — […].

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PYMNTS

MAY 3, 2019

Microsoft has announced the launch of Azure Blockchain Service , which simplifies the formation, management and governance of consortium blockchain networks. Because it’s built on the popular ethereum protocol, which has the world’s largest blockchain developer community, Quorum is a natural choice.

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PYMNTS

DECEMBER 5, 2019

The Hainan Province in South China rolled out a series of measures to accelerate the blockchain space’s development, Xinhua reported. The measures will back the industry via technological application, social investment, talent cultivation, and other areas. It is said to be one of the quickest-growing blockchain clusters in the nation.

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BankInovation

DECEMBER 16, 2021

Gill Haus, CIO of Consumer and Community Bank (CCB) at JPMorgan Chase, offered a simple answer when asked what technology most excites him. It wasn’t blockchain, artificial intelligence, quantum computing, or any trendy cutting-edge technologies. Mobile technology is where his passion lies, Haus told Bank Automation News.

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PYMNTS

MAY 29, 2019

JPMorgan Chase has revealed to CoinDesk that its blockchain team has created a privacy feature for ethereum-based blockchains. That’s why we wanted to open-source it back to the community, so anyone can build on it further and continue enhancing it and potentially put it into their use cases as needed.”.

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PYMNTS

JUNE 3, 2019

million in a funding round to develop blockchain and integrate it into its database technology, according to a report. Fluree was started by CEO and Co-founder Brian Platz, who said the Fluree database combines graph and blockchain technology to create innovative new ways of querying and storing data. “The

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PYMNTS

FEBRUARY 27, 2019

A group of oil and gas companies have announced a partnership that will create the first blockchain industry consortium in the U.S. In other news, Samsung presented its first blockchain partners for its upcoming Galaxy S10 smartphone during this week’s Samsung Mobile Business Summit session at MWC Barcelona 2019.

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PYMNTS

NOVEMBER 19, 2018

The World Blockchain Trade Consortium (WBTC) officially launched this week in Singapore with the aim to utilize blockchain technology to lower costs, reduce risk and increase funding to SMEs. and Portal Finance (Chile, Colombia, Mexico).

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PYMNTS

SEPTEMBER 24, 2019

In the ongoing move to embrace blockchain, Facebook may have its allies. IBM has said it is “willing” to work with Facebook on blockchain, as noted by an IBM executive. He said that a company such as Facebook can help bring more legitimacy to blockchain — yet he did not state whether IBM would look to join the Libra Association.

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Perficient

AUGUST 1, 2022

This product represents Salesforce’s initial entry into blockchain technology. Adam Caplan, Salesforce’s Senior Vice President of emerging technology, explained said that the software targets brands who want to drive engagement and provide their customers with special event access via NFTs rather than sell works of art.

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PYMNTS

OCTOBER 16, 2018

While much has been said and written about the blockchain in recent years – good and bad – generally speaking, few have ever really considered it as an artistic venture. But though technology and art by nature seem to be fundamentally different things with different purposes, sometimes they can come together in unexpected ways.

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PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. This time around, Sweetbridge is using blockchain in a lending context.

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PYMNTS

SEPTEMBER 4, 2019

Australian supply chain-focused blockchain technology company Security Matters has filed a patent application in the U.S. Upskilling will be key, and the capacity to build and grow the ecosystem will be at least as important to harvest the true benefits of the technology.

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PYMNTS

JULY 6, 2018

After setting up a group within Facebook to look into blockchain technology, Facebook may be bolstering its efforts in the field: Evan Cheng has taken on the position of director of engineering, blockchain, at the company, according to reports and his LinkedIn profile. But Cheng has tweeted about blockchain topics.

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PYMNTS

MARCH 11, 2019

CULedger , a credit union, has inked a partnership with IBM to create blockchain services geared toward credit unions. According to a report in Fintech Futures , the idea behind the project is to use permission-based blockchain technology so credit unions can reach more members that don’t have access to financial services.

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PYMNTS

JULY 10, 2019

North Carolina Lieutenant Governor Dan Forest announced the launch of the North Carolina Blockchain Initiative to study the technology, virtual assets, smart contracts and digital tokens. And LG CNS, a subsidiary of South Korean conglomerate LG Corp. , And LG CNS, a subsidiary of South Korean conglomerate LG Corp. ,

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Bank Innovation

APRIL 9, 2018

EXCLUSIVE – Interested in the latest trends in payments, digital banking, blockchain technology, API, security, big data and all the other hot topics in the fintech space? Come join Bank Innovation’s Telegram Group.

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PYMNTS

APRIL 29, 2019

Governments are betting on blockchain to power tourism in cities. China, for instance, has a plan to turn 835 acres off the shores of Malacca, Malaysia into a city built off the technology. There is also, of course, the blockchain technology. It will also have kindergartens, colleges and student dorms.

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PYMNTS

DECEMBER 30, 2016

Two blockchain consortia have seen their membership numbers increase, a good sign that distributed ledger technology will see continued support in 2017. 29) that eight new members have joined its ranks, including CA Technologies, Factom Foundation, Hashed Health, Koscom, LedgerDomain, Lykke, the Sovrin Foundation and Swisscom. “Not

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Let's Talk Payments

MAY 17, 2017

As the blockchain-focused community of entrepreneurs expands worldwide, so does the ecosystem aimed to support and nurture top-performing solutions. Being FinTech-focused is not enough – experienced professionals are branching out.

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PYMNTS

APRIL 22, 2019

Digital payments entity and eCommerce platform Infibeam Avenues and blockchain startup Primechain Technologies have announced a partnership to implement a cross-border blockchain invoicing platform for the $12 trillion global trade finance market.

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Bank Innovation

DECEMBER 2, 2016

There’s been a lot for blockchain enthusiasts to digest this week, but let’s start with consortium news. The R3CEV blockchain consortium of banks opened its Corda codebase up to the larger developer community this week, in the hopes that independent experiments based on Read More.

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PYMNTS

JUNE 27, 2018

It didn’t come as a surprise, however, considering the news last year that the central bank would restructure its RTGS system to interface with other platforms, including those build on blockchain — even though the Bank of England said blockchain was “not yet sufficiently mature to provide the core for the next generation of RTGS.”.

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PYMNTS

AUGUST 20, 2018

China’s largest retailer, JD.com , has announced a new blockchain technology platform that will allow enterprise customers to build, host and use their own blockchain applications. The company will continue to add new applications through the introduction of additional ISV, as well as through the creation of an ISV community.

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Gonzobanker

FEBRUARY 8, 2023

Community Banks as Venture Capitalists In fact, not all providers of venture capital are venture capitalists. According to Cornerstone Advisors’ What’s Going On in Banking 2023 study, there are about 500 community banks and credit unions making direct investments into fintech startups. And not just the large megabanks. billion in 2021.

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PYMNTS

MAY 2, 2018

MOBI , the Mobility Open Blockchain Initiative, debuted on Wednesday (May 2) to explore blockchain for use in transportation. Blockchain and related trust-enhancing technologies are poised to redefine the automotive industry and how consumers purchase, insure and use vehicles,” said Ballinger in the press release. “By

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PYMNTS

FEBRUARY 9, 2018

Corporates are now in a race to develop and deploy blockchain tools — and sure, part of the momentum behind that effort is the recognition that blockchain technology can lead to greater efficiency and speed in an array of business processes. The Wall Street Blockchain Alliance is not only a Wall Street conversation,” he said.

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PYMNTS

JANUARY 9, 2019

The cryptocurrency exchange found “repeated deep reorganizations” of the digital currency’s blockchain. To keep its customers’ funds safe, the company said in a blog post that it “immediately paused interactions with the ETC blockchain.”.

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PYMNTS

JANUARY 22, 2020

Monerium, a startup based in Iceland that has a European Economic Area (EEA) e-money license, has teamed up with Algorand, a blockchain with a highly scalable consensus algorithm, according to a report Tuesday (Jan. Monerium stores fiat currency deposits for clients and releases them in a digital form on a blockchain. 21) by Coindesk.

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Bussman Advisory

SEPTEMBER 16, 2023

Join our community of 50,000+ subscribers and stay informed on the latest trends and news in the FinTech & AI world with the weekly newsletter provided by Bussmann Advisory. Gain insights into disruptive technologies, industry updates, and success stories from our portfolio companies. More information on www.bussmannadvisory.com.

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PYMNTS

JUNE 11, 2020

CargoX ’s Platform for Blockchain Document Transfer (BDT) was connected with the Port Community System (PCS) of India amid a push in the country for trade documents, including of bills of lading, to be digitized, WorldCargo News reported.

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Bobsguide

JANUARY 30, 2018

Last week many of the brightest minds in the blockchain development community gathered to share ideas on the technology’s future across a broad range of industries. As was the case in 2017, the widespread opinion continued to be that financial services is a key target industry for.

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Payments Source

SEPTEMBER 2, 2020

The OCC’s efforts to bring the technology into the financial mainstream could help people in underserved communities execute payments more securely.

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PYMNTS

JANUARY 26, 2017

Blockchain has come a long way over that last few years. Since bursting onto the scene as the rails guiding the fast-growing and mysterious cryptocurrency known as bitcoin, blockchain has become an accepted and important part of the financial infrastructure. As a geek, that’s what’s exciting,” he said.

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PYMNTS

OCTOBER 23, 2018

In fact, Head Blockchain Engineer Stan James at decentralized blockchain marketplace provider Origin told PYMNTS in a recent conversation that the central locus of the pre-digital gig economy was the community bulletin board. Currently in mainnet beta, Origin’s basic offering functions like a blockchain-powered Craigslist.

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PYMNTS

JANUARY 3, 2019

BitTorrent CEO Justin Sun, who is also the founder of TRON, said in an announcement , “In one giant leap, the BitTorrent client can introduce blockchain to hundreds of millions of users around the world and empower a new generation of content creators with the tools to distribute their content directly to others on the web.”.

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