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. Automation Blockchain Carousel Corporate Banking Customer Experience Investing Premium Startups Intain WSFS

Regulating the cryptocurrency markets

Chris Skinner

I guess that this is logical as my last line was that government control of cryptocurrencies is “not so easy for cryptocurrencies that have … The post Regulating the cryptocurrency markets appeared first on Chris Skinner's blog. Blockchain Fintech Future Grid Innovation Opinion Payments RegulationSomeone made the comment on my platform piece about what happens when there are no Jack Ma’s or Mark Zuckerberg’s, as the whole thing is decentralised?

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Blockchain in Capital markets: Emerging use cases I

Bank Innovation

Wholesale financial services has attracted more of the talk and the very early “walk” of blockchain use cases. 15 months ago when I officially committed to Fintech content creation in Capital markets and Wealth management; I was cautious not to discuss blockchain (still not included in Word’s standard dictionary). I’ve been listening to understand and… Read more Blockchain in Capital markets: Emerging use cases I.

Blockchain Front Page: Can Regulation drive the next Bull Market?

Daily Fintech

Last week our theme was “Security Tokens take center stage” Our theme for this week is “Can Regulation drive the next Bull Market? “ Bitcoin has been in the longest bear market in its 10-year history. He writes the Blockchain Weekly Front Page each Monday.

Facebook’s Blockchain Team Is Assembling Its Own Mini-PayPal Mafia

Bank Innovation

s blockchain team are still shrouded in secrecy, but it’s staffing up, according to people familiar with the group. Launched last May, Facebook’s blockchain unit now counts 50 […]. The inner workings of Facebook Inc.’s

Ethereum Sees Strong Growth in Market Cap, Price This Quarter

Bank Innovation

billion increase in market cap (just under a 500% increase, compared to bitcoin’s 11% increase for the quarter), according to data from Coindesk’s State of Blockchain report for 1Q17. Welcome to the year of Ethereum.

Bitcoin Daily: Researchers Say Crypto Needs Global Rules To Prevent Market Collapse; China To Include Blockchain In Tech Infrastructure

PYMNTS

Dr. Hadar Jabotinsky and Dr. Roee Sarel considered in the post how investors in crypto should respond to worldwide emergencies, and if the market presents a systematic risk that could possibly affect traditional financial markets.

Ripple can’t escape XRP lawsuit it says could topple market

Bank Innovation

failed to persuade a judge to throw out a proposed class-action lawsuit that the blockchain payment services provider said could topple the market for XRP, the world’s third-largest virtual currency. Blockchain Bloomberg Carousel Payments Product Design lawsuit Ripple Ripple XRP

Blockchain Finds New Home In Retail Food Supply

PYMNTS

And it could be one of the killer apps for blockchain. “We As markets open, they’ll want to know exactly how that piece of cheese was produced, as an example.”. That will be possible due to two features of blockchain. IBM is using blockchain through its product IBM Food Trust.

E-FRESCO Launches Blockchain Platform For Fruit Supply Chain

PYMNTS

E-FRESCO , a fresh fruit virtual market, is introducing blockchain capabilities to help sustain cross-border needs, according to a report. Alshami said in the report that the complexity of the shipping process over borders all but necessitated a blockchain-based system.

Blockchain in Insurance #insurtech

Bank Innovation

Image from actuaries.digital Early stage investors and entrepreneurs make their money when something moves from bleeding edge (lots of technical risk) to leading edge (market and team risk). 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.

Blockchain Startup BitPay Raises $40M for Asia Expansion

Bank Innovation

BitPay, a blockchain payments company, closed a Series B of $40 million yesterday, the company announced. BitPay named either Hong Kong or Singapore as its next potential market, as reported by […].

Blockchain Tackles Farming’s Cash Flow Bottlenecks

PYMNTS

For farmers in both developed and developing markets, this financial friction can threaten the survival of their businesses. Mitigating Risk With Blockchain.

Enterprise Blockchain Consortiums — Part 2

Bank Innovation

This is the second part of my article about blockchain consortiums, focusing on the enterprise market. Exclusive Startups Technology Virtual Currency BlockChain blockchain consortium Chain Enterprise Blockchain Enterprise Ethereum Ethereum Fiserv RippleIn Part 1, I covered Linux Foundation’s HyperLedger Project, which acts as an umbrella for Fabric, Intel Sawtooth Lake, and Iroha. I also touched on R3’s Corda, and Digital Asset Holdings’ offerings.

US Lawmakers Explore How Blockchain Can Help SMBs

PYMNTS

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.

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.

Bitcoin Daily: China Debuts Blockchain-Backed Subway eInvoices; Bitcoin’s Crypto Market Majority On The Decline

PYMNTS

Bitcoin’s share of the total cryptocurrency market is close to falling below 50 percent for the first time in over seven months. percent of the market’s total capitalization, falling to a low of 50.54 And four companies presented real-world blockchain demos to the U.K.

Blockchain Weekly Front Page: Top VCs investing during crypto bear market

Daily Fintech

” Our theme for this week is “Top VCs investing during crypto bear market.” A new study published last month , showed an increase in VC funding in cryptocurrency and blockchain projects. The potential impact of blockchain technology spans far beyond digital currency.

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.

Blockchain in capital markets: benefits and challenges

Bobsguide

Blockchain, or Distributed Ledger Technology (DLT), is one of the most hyped new branches of digital tech in recent history. Invented as the underlying framework to power Bitcoin, it is now being applied in some way to every industry, including capital markets.

Vanguard to challenge banks’ grip on $6 trillion currency market

Bank Innovation

The platform, based on the blockchain technology that powers Bitcoin, […]. Blockchain Bloomberg Carousel InvestingHaving revolutionized the business of buying stocks, Vanguard Group is now coming for currencies.

Blockchain Weekly Front Page: Bridge to Blockchain mainstream adoption via the next bull market

Daily Fintech

The Blockchain Weekly Front Page is a CXO level briefing. Our mission is to serve the mainstream business community by selecting one major theme in the Blockchain Economy each week and three news stories to illustrate that theme. Last week our theme was Gaming on Blockchain.

Visa Seeks Patent On System To Turn Government Currencies Into Digital Blockchain Versions

PYMNTS

patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. Blockchain digital currency Innovation News patent Payment Methods Visa What's Hot

System 285

Ripple can’t escape XRP lawsuit it says could topple market

Bank Innovation

failed to persuade a judge to throw out a proposed class-action lawsuit that the blockchain payment services provider said could topple the market for XRP, the world’s third-largest virtual currency. Ripple Labs Inc.

 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.

Brexit A Boon For Blockchain?

PYMNTS

Late this month, a study from Nexus found that across 200 businesses surveyed, more than half of large and mid-sized companies queried are looking to adopt blockchain in an effort to mitigate operational risks in the wake of Brexit. That would leave room for blockchain.

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.

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.

Breaking Banks: Is Blockchain Essential to the Fintech Revolution? [PODCAST]

Bank Innovation

After this introduction, the current status of blockchain is discussed by guests Michael J. Capital Commerce Innovations Marketing Payments Pro Technology Virtual Currency Bitcoin BlockChain Blockchain Capital Breaking Banks Circle MIT the financial brand

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.

Blockchain Insurance Solutions ‘by the market, for the market’

Daily Fintech

The two biggest technologies I see having an impact on the insurance industry, in 2018 and beyond, are Blockchain and AI. This week, I will take a look at: Distributed Ledger Technology (DLT) and Blockchain 101. Distributed Ledger Technology (DLT) and Blockchain 101.

Blockchain for Financial Markets: The next big thing or no big thing?

Insights on Business

The application of blockchain in financial markets has caught a huge wave of publicity over the past few months. The questions I get most often are along these lines: is blockchain an irresistible disruptive technology? The potential benefits of blockchain are myriad.

JPMC Adds Deutsche Bank To Blockchain Roster

PYMNTS

Deutsche Bank , Germany’s largest bank, is joining the 320 banks in the JPMorgan Chase -led blockchain initiative, the Financial Times reported Sunday (Sept. More than 65 banks are live on the JPMorgan blockchain, and 255 are in the process of joining.

Blockchain’s Next Trillion-Dollar Market

PYMNTS

The march toward bringing blockchain to new applications and services continues. DTCC), which WSJ said is “at the center of Wall Street’s trading infrastructure” and which settles trades in various financial markets, is looking to see if blockchain can be used in conjunction with the repo market, which is worth about $2.6 By pushing blockchain across the repo market, parties on opposite sides of transactions would be able to keep real-time tabs on trades.

Bitcoin Daily: UN Secretary-General Urges Blockchain Adoption; Africa Blockchain Institute To Open School In Rwanda In 2020

PYMNTS

The United Nations (UN) needs to embrace blockchain, António Guterres, U.N. Guterres said blockchain technology will be a critical part of the U.N., China, too, has prioritized blockchain, and the $6 billion U.N.