South Korean banks spearhead blockchain adoption
South Korea is a global crypto hot spot and its citizens are some of the most enthusiastic crypto traders in the world. The technology-focused country continues to adopt blockchain solutions with South Korea’s largest bank Kookin the latest to announce a new crypto initiative.
Building trust in government: Exploring the potential of blockchains
This report shares key insights on market adoption of blockchain solutions. It also explores what differentiates early adopters and how other government organizations can benefit from their blockchain explorations.
Bank of America Merrill Lynch, HSBC, and IDA develop a blockchain prototype solution for trade finance
Bank of America Merrill Lynch (BofAML), HSBC, and the Infocomm Development Authority of Singapore (iDA) recently announced that they have jointly developed “a prototype solution built on Blockchain technology that could change the way businesses around the world trade with each other.”
‘Bottom line: Bitcoin bad, Blockchain better,’ claims Credit Suisse
Founded in 1856, Credit Suisse is a leading global private bank and wealth manager. The company reported $1.25 trillion under management in 2016, has operations in about 50 countries, and 47,180 employees from over 150 different nations.
Blockchain an ‘essential’ tech for CEOs, states PwC
PricewaterhouseCoopers (PwC) is one of the world’s largest professional services firms in the world. With headquarters in London, the company operates in 157 countries, boasts 756 locations and employs 200,000 people. The company ended 2015 with global revenues reaching US $35.4b.
Moody’s new report identifies 25 top blockchain use cases, from a list of 120
Moody's Investors Service (MIS) recently released a detailed report that names 120 blockchain projects being explored by various companies. The bond credit rating business then offers 25 top use cases for blockchain technology.
JPMorgan Chase urges asset managers to adopt blockchain
JPMorgan Chase & Co, and an international management consulting firm, Oliver Wyman, recently released a guide encouraging blockchain technology adoption amongst asset managers: “The report is designed to serve as a guide to how the technology may evolve, the impact it may have on asset managers and the action they can take.”
Bain & Company urges banks to take action on distributed ledgers
Bain & Company recently published a 12-page brief about blockchain technology, “Distributed Ledgers in Payments: Beyond the Bitcoin Hype,” authored by four employees based in London.
UK Government pilot uses blockchain tech for welfare distribution
The UK Government recently unveiled that it is undergoing a blockchain technology pilot to implement “social welfare payments distribution trial for UK’s Department for Work and Pensions.” If the trial is successful, the underlying technology could be useful for everything from tax collection to sharing health records, according to a government report released in January.
Ukraine to use blockchain technology in curtailing corruption when selling government assets
The Minister of Finance for the Ukraine, Oleksandr Danilyuk, was a speaker at the sold-out ‘Blockchain Incredible Party’ conference ([BIP001](http://bip001.com/)) which took place Thursday in Odessa, Ukraine. In his speech, Danilyuk gave his vision for Ukraine as the leading nation in blockchain technology use, showcasing it for public service management and improving government efficiency and transparency.
50 shades of blockchain
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.
Mediachain adds integrity layer to online content
We live in an age where online content often has no attribution attached, from songs to cat gifs and HD movies. Sharing content has become so ubiquitous and easy that ownership information can be quickly lost and hard to track. It then becomes effortless to replace that information, compounding the problem further.
For all the talk about blockchain, what is really happening?
There is a lot of talk about blockchain. A lot. Loads. But when you get past all the talk, what is actually happening with blockchain? Answer: not enough. I say this because there are some stand out firms out there – like R3, Digital Asset Holdings, Ripple – who have gained traction with the banks, but the banks are still unsure of their commitment to blockchain developments. Talking with several, they see their commitment was funding these firms to do the work for them. Now that they have funded, they feel that’s it.
For all the talk about blockchain, what is really happening?
There is a lot of talk about blockchain. A lot. Loads. But when you get past all the talk, what is actually happening with blockchain? Answer: not enough. I say this because there are some stand out firms out there – like R3, Digital Asset Holdings, Ripple – who have gained traction with the banks, but the banks are still unsure of their commitment to blockchain developments. Talking with several, they see their commitment was funding these firms to do the work for them. Now that they have funded, they feel that’s it.
Four genuine blockchain use cases
Almost a year after first releasing MultiChain, we’ve learnt a huge amount about how blockchains, in a private and non-cryptocurrency sense, can and cannot be applied to real-world problems. Allow me to share what we know so far. To begin with, the first idea that we (and many others) started with, appears to be wrong. This idea, inspired by bitcoin directly, was that private blockchains (or “shared ledgers”) could be used to directly settle the majority of payment and exchange transactions in the finance sector, using on-chain tokens to represent cash, stocks, bonds and more.
Ethereum New Zealand Conference to expand blockchain understanding in the business world
The Ethereum conference, “The Blockchain - Disrupting Global Commerce: Understanding the Blockchain, Smart Contracts and Ethereum,” is taking place on May 17 in Auckland and continuing on May 19 in Wellington, New Zealand. It’s got an exciting lineup of speakers to talk about Ethereum, and It’s hosted by an offshoot of New Zealand-based web, mobile, and Internet of Things development company, 3months. The company offers a range of smart contract services including consulting, training, prototyping, and deployment.
