UK-based blockchain companies to get FCA approval soon
Aug 22, 2016 07:20 am UTC| Digital Currency Fintech
The Financial Conduct Authority (FCA), a financial regulatory body in the UK, is considering approving firms using bitcoins underlying blockchain technology. Speaking with Financial Times, the financial watchdog said...
Hitachi and BTMU begin PoC testing using blockchain to digitize checks in Singapore
Aug 22, 2016 06:45 am UTC| Digital Currency Fintech
Japan-based electronics company Hitachi Ltd. and the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) announced today that they have partnered and started Proof of Concept (PoC) testing for using blockchain technology for check...
Russian blockchain consortium to get a new member
Aug 22, 2016 06:24 am UTC| Digital Currency
According to latest reports, Sberbank, one of the largest banks in Russia, has expressed its interest in joining the blockchain consortium that is being created by the countrys central bank. The plan to create the...
Japanese banks form consortium to consider blockchain for domestic and forex services
Aug 22, 2016 05:37 am UTC| Digital Currency
Japan-based financial service company SBI Holdings and its subsidiary SBI Ripple Asia Co. Ltd. have collaborated to form a consortium that will utilize blockchain technologyto consider new types of payment and settlement...
ASX completes first blockchain prototype for settlement system
Aug 22, 2016 04:52 am UTC| Digital Currency
In the recently published Full-Year 2016 Results Presentation, the Australian Securities Exchange (ASX) has stated that it has completed the initial phase of a distributed ledger-based prototype for replacement for CHESS,...
Blockchain transaction confidentiality a major concern for financial institutions: Report
Aug 19, 2016 08:55 am UTC| Digital Currency
In a new report, Greenwich Associates has discussed security concerns of the financial institutions with regard to the blockchain technology and explained how blockchain security mechanisms work and the approaches of...
Australian firm Veredictum launches blockchain-based platform to curb film manuscript piracy
Aug 19, 2016 07:53 am UTC| Digital Currency
Australian blockchain startup Veredictum has announced the launch of Veredictum Scripts, which is a blockchain-based manuscript protection platform in the film and television industry that is aiming to protect the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects