Post Tagged with: "BlockChain"

Banks Build a New Standard for Cross-Border With SWIFT (And Not Blockchain)

Banks Build a New Standard for Cross-Border With SWIFT (And Not Blockchain)

by February 16, 2017 at 11:45 am 0 comments

Cross-border payments are getting an update—but banks are keeping blockchain in the blockchain labs. Instead of distributed ledger technology, banks like Citi, Wells Fargo, and BBVA, are looking to projects like SWIFT’s global payments innovation service — or gpi — which went live today, following its January launch. “If [theRead More

Blockchain 2017: Out of the Lab, Into the Field

Blockchain 2017: Out of the Lab, Into the Field

by February 14, 2017 at 1:38 pm 1 comment

As many have predicted, 2017 is the year blockchain is set to break out of the Proof-of-Concept stage and into production environments. Over the past few years, I’ve been immersed within the bitcoin and blockchain space. It’s exciting to see the myriad of use cases for this technology being explored — conjuringRead More

Halted BTC Exchanges Could Lead to Chinese Mt. Gox

Halted BTC Exchanges Could Lead to Chinese Mt. Gox

by February 9, 2017 at 11:40 am 1 comment

Bitcoin $1K is no more — this barely a day after three of the most popular currency exchanges issued statements warning users against exchanging with the currency. The exchanges BTCC, OkCoin, and Huobi issued identical statements on their sites warning users of the high risk of bitcoin and citing theirRead More

Tramonex Labs To Use Smart Contracts for Cross-Currency Money Transfer

Tramonex Labs To Use Smart Contracts for Cross-Currency Money Transfer

by February 6, 2017 at 12:55 pm 1 comment

Regulators are waking up to the potential of blockchain, just in time for the rise of smart contracts. Tramonex Labs, a London-based fintech, has announced today that it has been granted a registration as a Small Electronic Money Institution with the Bank of England Financial Services Register, or FCA.  The companyRead More

Cryptocurrencies Look Toward a Cashless World for Mass Adoption

Cryptocurrencies Look Toward a Cashless World for Mass Adoption

by January 31, 2017 at 11:29 am 2 comments

Blockchain is here to stay, in some capacity or another, but what’s less clear is the fate of cryptocurrencies. Bitcoin, ether, Zcash, and like coins could fade into oblivion — or be the mainstream method of transaction in a future where the only physical bills remaining are behind museum glass.Read More

What’s in an Ethereum Trademark? (Money)

What’s in an Ethereum Trademark? (Money)

by January 23, 2017 at 12:45 pm 1 comment

It turns out, brand recognition is one of the few things that works the same on or off a blockchain. Grayscale Investments, the Digital Currency Group investment company in the news for publicly listing its bitcoin investment trust or GBTC fund on the NYSE, is in the spotlight again. ThisRead More

Bitcoin Bursts onto NYSE in $500 Million IPO

Bitcoin Bursts onto NYSE in $500 Million IPO

by January 20, 2017 at 12:11 pm 1 comment

Start the line now, people—bitcoin is now available on the New York Stock Exchange. Grayscale Investments, a New York based subsidiary of Digital Currency Group, today filed to list its fund, Bitcoin Investment Trust (look for GBTC on the NYSE), on the exchange for a public offering of $500 million.Read More

Coinbase vs. the IRS: The Privacy Battle Rages On

Coinbase vs. the IRS: The Privacy Battle Rages On

by January 18, 2017 at 11:31 am 1 comment

Digital currency exchange Coinbase obtained a BitLicense from the New York Department of Financial Services, a grant that officially authorizes the exchange to operate (that is, to receive and transmit money and virtual currency) within the Empire State. Announcing the license, Coinbase wrote on the company’s blog: We believe theRead More

IBM Is Working on 300-500 Blockchain Projects [VIDEO]

IBM Is Working on 300-500 Blockchain Projects [VIDEO]

by January 10, 2017 at 2:32 pm 1 comment

IBM is way past looking for blockchain use cases — it has between 300 and 500 blockchain projects going at the moment, according to CEO Ginni Rometty. In an interview with Bank of America CEO Brian Moynihan (Moynihan interviewed Rometty) Rometty revealed some of the areas where she sees blockchainRead More

Bitstamp To Begin Trading Ripple XRP

Bitstamp To Begin Trading Ripple XRP

by January 10, 2017 at 12:31 pm 0 comments

The digital asset exchange Bitstamp announced that it will begin supporting two new trading pairs today, both using Ripple’s digital asset XRP. Starting on Monday, January 17, the exchange (one of the world’s leading exchanges of digital assets or cryptocurrency) will begin offering XRP/EUR and XRP/USD pairs for trade byRead More