Post Tagged with: "BlockChain"

R3 CEO Calls Blockchain ‘Panacea’, Confirms Plans for $150 Million Raise

R3 CEO Calls Blockchain ‘Panacea’, Confirms Plans for $150 Million Raise

by December 7, 2016 at 10:03 am 0 comments

R3 founder and CEO David Rutter confirmed Tuesday that the blockchain consortium would be closing on $150 million funding round in early 2017. In an interview at Techcrunch Disrupt in London, Rutter also said he expected its leading-edge product Corda to be put into use late next year, and forRead More

Learning to Fly with the Internet of Value

Learning to Fly with the Internet of Value

by December 5, 2016 at 11:38 am 0 comments

The Internet of Value will remove the need for intermediaries in banking, insurance, housing, media, and all sorts of other industries. It… will eliminate financial exclusion and make us free by handing control of our identity back to ourselves. It will provide true democracy and a new kind of trulyRead More

Rideshare Looks to Blockchain for Truly Decentralized Sharing Economy

Rideshare Looks to Blockchain for Truly Decentralized Sharing Economy

by December 2, 2016 at 3:29 pm 1 comment

The sharing economy has made it possible to “share” virtually anything: from cars, homes, loans, to doghouses (yes, that’s a real thing, check out Rover or DogVacay). Considered the trendsetter by many, Uber (see “uberization”) became synonymous with the notion of sharing economy, where consumers and service providers communicate amongRead More

In Blockchain News: R3 Releases Corda, Chris Larsen Talks Ripple

In Blockchain News: R3 Releases Corda, Chris Larsen Talks Ripple

by December 2, 2016 at 1:13 pm 2 comments

Welcome to another crazy week in cryptocurrency! There’s been a lot for blockchain enthusiasts to digest this week, but let’s start with consortium news. The R3CEV blockchain consortium of banks opened its Corda codebase up to the larger developer community this week, in the hopes that independent experiments based onRead More

What’s Next for Blockchain and Roboadvisory Funding

What’s Next for Blockchain and Roboadvisory Funding

by December 2, 2016 at 8:38 am 0 comments

Confused by the most recent KPMB CB Insights report on fintech investing in the third quarter? We were too. Especially on what’s next for blockchain and robo advisors in North America. So we dialed up KPMG Fintech Practice Lead Anthony Rjeily who parsed the contradictory comments on these sectors. First blockchain, whichRead More

R3 Releases Corda Codebase in Hopes of Open Innovation

R3 Releases Corda Codebase in Hopes of Open Innovation

by November 30, 2016 at 10:26 am 0 comments

The R3CEV blockchain consortium today released its code for Corda, its distributed ledger technology, into the wider world. The Corda code was also accepted into the Hyperledger project, alongside other budding distributed ledger technology. Despite recent events, R3 is still the largest consortium of banks dedicated to producing blockchain, orRead More

KYC May Be the Next Big Thing for Blockchain

KYC May Be the Next Big Thing for Blockchain

by November 29, 2016 at 12:45 pm 2 comments

Blockchain – still very desirable for banks and FIs, but not fully trusted yet – has already made its way to use cases and pilots in the financial services. Possibilities are endless, some say, but where is the next big success for blockchain? It’s KYC or Know Your Customer, accordingRead More

New Ransomware Uses Social Media, Demands Payment in Bitcoin

New Ransomware Uses Social Media, Demands Payment in Bitcoin

by November 29, 2016 at 10:46 am 0 comments

A new type of ransomware is targeting users through their social media accounts, most notably through Facebook and LinkedIn, before doing what ransomware does: locking the computer and demanding payment for access–in bitcoin. Dubbed ImageGate by software company Check Point, the malware embeds itself into image or graphic files onRead More

Civic’s Secure Private Login Could Make Banks Masters of Digital Identity

Civic’s Secure Private Login Could Make Banks Masters of Digital Identity

by November 26, 2016 at 8:22 am 2 comments

The identity management startup Civic launched this summer to kill the social security number as a means of authentication — a worthy goal, but its ambitions are much grander. At Money20/20 in October, CEO Vinny Lingham revealed a bit more on how the company plans to solve the enormous andRead More

Santander Follows Goldman’s Lead, Drops Out of R3 Blockchain Group

Santander Follows Goldman’s Lead, Drops Out of R3 Blockchain Group

by November 23, 2016 at 10:27 am 2 comments

Banco Santander has also dropped out of the R3 CEV Blockchain Group. This news follows yesterday’s news that Goldman Sachs, one of the group’s original founders, chose not to renew its membership or invest further in the consortium. Goldman’s move was potentially motivated by a conflict regarding fundraising terms, accordingRead More