Tag: distributed ledger

The Blockchain Should Not Just Be Used To Issue Digitized Fiat Currency. newsbtc

Delaware Might Soon Introduce Pro-Blockchain Corporate Law No Comments

Delaware, one of the hottest jurisdictions for incorporating companies, and the home to some of the leading corporates plans to streamline corporate governance by promoting blockchain adoption. According to a regional media outlet, the Delaware General Assembly could soon make necessary amendments to the state's corporate law, facilitating the inclusion of distributed ledger technology for keeping...


NewsBTC_Ukraine Bitcoin License

Parliamentary Member in Ukraine Declares Bitcoin Assets No Comments

The European countries have a mixed reaction towards Bitcoin. The rate of Bitcoin adoption varies among countries in the continent. The same can be said about the governments and the respective central banks' stance towards the digital currency. Ukraine is among one of the few nations to have a supportive cryptocurrency ecosystem. Even the major banking institutions in Ukraine have started accepti...


Blockchain Cotton Trade

Commonwealth Bank and Wells Fargo Finalize Cotton Trade On A Blockchain No Comments

Everyone active in the world of blockchain is well aware of how major banks take a vested interest in this technology. Up until this point, very few of those projects have created something useful. But Commonwealth Bank of Australia and Wells Fargo completed an international trade using distributed ledgers. Several different applications were used in the process. This collaboration between thes...


Dumb Money Blockchain

Is Blockchain Development Primarily Funded By Dumb Money? No Comments

There are many different opinions on blockchain technology and how viable this technology seems to be right now. Some people are even arguing blockchain development is funded by dumb money. With over uS$250m invested this year alone, the time to deliver on distributed ledgers is now. But is the investment itself justifiable, or are investors getting caught up in all of the hype? It has to be sa...


India ICICI Bank DLT

ICICI Bank Becomes India’s First Institution To Successfully Trial DLTs No Comments

Blockchain technology is being explored by many financial service providers all over the world right now. Over in India, the first-ever blockchain transaction has been successfully completed. ICICI Bank, one of the country’s largest private banks, conducted several transactions using this technology. In doing so, they became the first Indian bank to publicly acknowledge success in the world of d...


Blockchain Overhyping

Blockchain Critics Feel The Technology’s Importance is Overstated No Comments

The most prominent topic of speculation this year has been blockchain technology. While the advantages of this concept are easy to see for everyone, there is still a fear of overhyping the possibilities. In most cases, developing of blockchain technology encompasses mostly talk, rather than actual projects. Until use cases have been tested and made available on a large scale, overselling enterpris...


Loyyal Blockchain Dubai

Blockchain Startup Loyyal Partakes In Dubai Future Accelerators Program No Comments

The name Loyyal may not ring a bell for most blockchain enthusiasts right now. Even though the company is focusing on global loyalty reward schemes, they have been flying under the radar. That was until earlier this week when the company announced they would participate in the Dubai Future Accelerators program. A big step for this blockchain startup, that much is certain. What is so interesting...


BNP Paribas Blockchain Pilots

BNP Paribas Announces Multiple Blockchain Pilots For Transaction Banking No Comments

Everyone in the cryptocurrency world is well aware of how BNP Paribas is actively working on blockchain technology. Things have taken an interesting turn, as the financial institution is going into co-development mode. Various clients will be invited to pilot blockchain applications with a focus on transaction banking. An exciting development for distributed ledgers, that much is certain. The y...


NewsBTC_Goldman Sachs Blockchain Forex

Goldman Sachs Files Patent for Blockchain-based Forex Trading No Comments

Goldman Sachs is quite an intriguing financial institution. Even though they rejected Bitcoin and its technology for some time, they now want to go all-in on the blockchain. A new patent filing goes to show the group is working on blockchain-based forex trading. Quite an interesting development, although patenting it may not be the right course of action. Blockchain technology is designed to be...


ACI’s Roger Oliphant: “Open Blockchain Standards Are Too Slow” No Comments

Ever since corporations garnered an interest in the blockchain, the topic of scalability has been kicked around a fair few times. A new report by Gartner indicates the technology has hit the “peak of inflated expectations”>. With more money flowing into blockchain every year, the question becomes how well this technology scales. But can it handle mainstream transaction volume? There has...


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