Chris Skinner

AUGUST 28, 2019

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?

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Bank Innovation

FEBRUARY 15, 2018

EXCLUSIVE- Global technology company IBM is involved in more than 400 blockchain projects, according to its vice president of blockchain technologies, Gennaro “Jerry” Cuomo, who testified before Congress yesterday.

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Bank Innovation

JULY 31, 2018

It might seem like blockchain has been all the rage among banks and fintech companies, but a recent Bank Innovation poll found that many of these companies don’t have any blockchain projects in the current pipeline of their innovation initiatives.

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Bank Innovation

MAY 17, 2018

Visa doesn’t see much use for blockchain in its core business, which is transactions at scale, according to CEO Alfred Kelly.

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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.

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Bank Innovation

OCTOBER 16, 2017

Multinational tech mogul IBM is working with blockchain startup Stellar to establish a cross-border payment system, which will allow banks to use the technology. By using this technology, banks will be save both time as well as costs on the transfer process.

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PYMNTS

MARCH 31, 2020

million in seed funding, but distributed ledgers only have a small function in the company that will reportedly launch in April even though its team has blockchain expertise, Coindesk reported. The personnel at Manetu, however, are not short on their blockchain knowledge. Manetu, a data privacy startup, reportedly just notched $3.5

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PYMNTS

DECEMBER 5, 2019

Blockchain lending firm Figure Technologies announced that it has closed a $103 million series C funding round led by Morgan Creek Digital. Leveraging blockchain technology to drive speed, efficiency and cost savings to lending, Figure is focused on driving out waste and dead time inherent to the lending process.

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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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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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Perficient

FEBRUARY 7, 2023

While distributed ledger technology including blockchains did not exist when Ray Kroc was meeting with his farmers/suppliers, they do exist now and allow all members of a supply chain to see current inventory and materials in transit.

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Bobsguide

MAY 2, 2019

Regulators and standards bodies are at risk of standardizing obsolete technology by creating rules for blockchain networks that are already years old, according to Joe Pindar, blockchain and cryptography director at Thales. “There have been three generations of blockchain, starting with the.

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The Paypers

MAY 12, 2023

The government of China has launched the National Blockchain Technology Innovation Center in Beijing to support blockchain technology research.

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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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The Paypers

MAY 31, 2023

South Africa-based Centbee has partnered with blockchain technology company nChain to improve blockchain payment offerings.

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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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Bank Innovation

DECEMBER 29, 2016

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.

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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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Bank Innovation

APRIL 7, 2017

Blockchain Capital, the first venture capital firm to focus exclusively on DLT technology is offering digital tokens that represent a stake in the firm’s third fund. The tokens are held on the Ethereum 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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Payments Dive

MAY 30, 2017

With new technologies, it takes a while for regulation to catch up. Blockchain technology is no exception. While we are slowly beginning to see standards emerge, the reputation of blockchain is still marred by the criminal aspects of bitcoin.

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Bank Innovation

JUNE 27, 2018

Blockchain‘s future in banking is bright, but right now, the industry is not prepared to take advantage of what the technology offers, according to a new McKinsey report on blockchain’s viability across various industries.

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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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Bank Innovation

OCTOBER 5, 2016

Some words that should no longer surprise you, because this technology is only growing stronger: in blockchain news, there’s a new player on the block… chain. Doing it, moving on: Blockchain-for-data company Factom Inc. has just raised $4.2M in a Series A, in a round of eleven investors—plus or minus Read More.

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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. Just 1 percent of the country’s commercial payments are conducted by credit card as it stands, and an even lesser amount are made through technology such as bank transfers. million cardholders and $321.6

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Chris Skinner

JUNE 21, 2016

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.

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American Banker

JANUARY 9, 2024

An initiative in Baltimore to use blockchain tech to track and manage vacant properties is a prime example of how blockchain can help solve stubborn problems, even if it isn't ready to revolutionize the fundamentals of commerce.

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PYMNTS

MARCH 1, 2020

House of Representatives Committee on Small Businesses is going to hold a hearing on the benefits of blockchain technology for entrepreneurs. ET, and will be called “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses.”. The hearing is set for Wednesday, March 4 at 11:30 a.m.

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PYMNTS

JANUARY 20, 2021

The Mobility Open Blockchain Initiative ( MOBI )'s Vehicle Identity (VID) II Working Group unveiled the second part of a vehicle identity standard that uses blockchain technology, according to an announcement. Flanigan added that Ford believes the technology could make the buying process easier in the future.

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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

NOVEMBER 19, 2020

Plus, blockchain makes new inroads in the B2B arena. One of the latest adopters of Mastercard's Track solution is Transcard , which announced its A2A capabilities wielding Mastercard technology. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments. Canada Taps Vocalink for Real-Time Rail. BitPay Debuts BitPay Send.

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PYMNTS

JULY 31, 2019

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). According to reports in TahawulTech, the initiative marks Mastercard’s first national-scale blockchain project in the Middle East.

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PYMNTS

SEPTEMBER 15, 2020

With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift. PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. RTP Expands Across FI Base.

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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

MARCH 11, 2020

The alliance, a Libra competitor, provides an avenue for developers to create decentralized apps based on Celo blockchain technology as well as U.S. In other news, Figure Technologies concluded a $150 million securitization of a collection of home equity lines of credit with the help of blockchain technology, CoinDesk reported.

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Bank Innovation

AUGUST 11, 2016

There doesn’t seem to be a day that goes by without someone talking about Blockchain, I’ve read coun.

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