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Blockchain adoption by traditional financial institutions will not happen anytime soon. At least, that is the message their official spokespeople are converting to the world. But according to IBM, there has been a rush to embrace distributed ledgers and integrate them into core systems. Things are looking positive...
The R3 Consortium is a collection of several dozen financial institutions all over the world looking to explore blockchain technology. But the group continues to expand, and Toyota Financial Services is their latest member. Merging distributed ledgers with automotive financial services will be quite an interesting experiment. R3...
Even more financial institutions are turning towards the blockchain these days, as the technology will help financial players reduce overhead costs and offer better security standards. DBS and Standard Chartered have partnered up to venture into the world of blockchain technology in an attempt to reduce fraud rates....
Ripple has always been an initiative to bridge the gap between blockchain technology and traditional banking. Now that this protocol has been showcased as an integration into Temenos T24, the future is looking for bright for Ripple and its partners. Temenos T24 Integration is a Big Milestone for Ripple...
The second SWIFT hack sheds an interesting light on permissioned systems and cybersecurity. Although no data has been hacked, the loss of money could have been prevented by using more modern technology, such as distributed ledgers as the one found in Bitcoin. Distributed Ledgers Vs. Archaic Centralized Systems...
Distributed ledger aficionados have been telling people this for quite some time now, but the blockchain will have an impact on various aspects of life. After all, this technology is the biggest innovation in computer science, and despite facing a lot of opposition, there are plenty of opportunities...
Digital Asset Holdings keeps making a name for itself and expanding their reach all over the world. Now that they have acquired Elevence Digital Finance, the future of distributed ledgers looks a lot more bright in Switzerland and other European countries. Also read: What Place for Gambling to...
Digital currency enthusiasts paying attention to Ether may have noticed the price has started to go up again in the past few days. Although there is no concise reason as to why this would happen, there has been some relatively good news for Ethereum users in recent days....
The R3 consortium is actively developing a blockchain solution that can integrate with the existing legacy system, and their partnership with a lot of the world’s leading banks will help them achieve that goal. Corda, their distributed ledger platform for managing financial agreements, has been unveiled to the...
Various regulators around the world are concerned as to how the CFTC might look to hamper the growth of development and innovation in the world of blockchain technology. However, CFTC Commissioner J. Christopher Giancarlo seems to be quite keen on the concept of distributed ledgers himself, as he...
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