South Korea to launch full-scale blockchain pilot project this year
Jan 10, 2017 07:37 am UTC| Digital Currency
The financial authorities of South Korean have announced during a fintech meeting that it will launch a full-scale pilot project on blockchain-powered financial services this year, Korea Herald reported. According to...
Indian Axis Bank ties up with Ripple to apply blockchain to cross-border remittances
Jan 10, 2017 04:39 am UTC| Digital Currency
Indian private banking company Axis Bank has announced that it will leverage blockchain solutions for its operations, becoming the third lender in the country to use the technology, after ICICI Bank and Yes Bank, The...
DTCC picks IBM, Axoni and R3 to develop blockchain solution for derivatives processing
Jan 10, 2017 04:11 am UTC| Digital Currency
The Depository Trust Clearing Corporation (DTCC) has selected IBM, in partnership with Axoni and R3, to provide a distributed ledger technology (DLT) framework to drive further improvements in derivatives post-trade...
China looks set to continue to dominate global fintech industry – Report
Jan 09, 2017 10:06 am UTC| Fintech
A collaborative report from DBS and EY has highlighted Chinas unique, dynamic and rapidly evolving FinTech ecosystem, while examining the key drivers behind the explosive growth of FinTech sector in the country. The...
IDRBT outlines prospective roadmap for blockchain adoption in banking and finance in India
Jan 09, 2017 07:24 am UTC| Fintech
Institute for Development and Research in Banking Technology (IDRBT), an arm of the Reserve Bank of India (RBI), recently revealed that it organized a workshop on blockchain technology aiming to prepare a white paper on...
2017 to continue to be year of blockchain experimentation: Synechron
Jan 09, 2017 06:40 am UTC| Digital Currency
Synechron Inc., a global consulting and technology organization, listed its predictions of top Financial Services Trends for 2017, supported by survey data from TABB Group. The survey covered 200 senior-level, global...
Blockchain startup Blockstack raises $4m in new funding
Jan 09, 2017 06:00 am UTC| Digital Currency
Blockstack, a New York-based blockchain company, has announced that it has raised $4 million in new funding round to contribute more resources to the Blockstack open source community. Excited to announce...
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