National Bank of Canada Pilots Blockchain to Combat ‘Complex’ Processes
Canada’s sixth largest commercial bank implements blockchain, smart contracts to simplify transaction processes Go to Source Powered by WPeMatico
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Visa Set to Launch Blockchain-Based Digital Identity System with IBM in Q1 2019
Visa is readying its Hyperledger Fabric-based digital identity system for cross-border payments for launch in the first quarter of 2019 Go to Source Powered by WPeMatico
Online Bank Swissquote Enters ICO Market With Purchase and Custody Option for Clients
Online bank Swissquote begins offering ICO tokens it will store on clients’ behalf Go to Source Powered by WPeMatico
ING Bank Launches Open Source Privacy Improvement Add-On for Blockchains
Dutch banking giant ING targets enterprise blockchain anonymity with open source privacy tool Go to Source Powered by WPeMatico
Bank of Japan: Central Bank-Issued Digital Currencies Are Not an Effective Economic Tool
The Bank of Japan’s deputy governor believes that central bank-issued digital currencies cannot be economic tools, since fiat currency is still popular Go to Source Powered by WPeMatico
World’s Biggest Banks Helped Clients Steal $63 Billion in Taxes in Europe
Europe’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms. Also … Read more
Bitcoin Intentions: Are We Aiming to Replace the Status Quo or Become Them?
When the idea of a working digital currency like bitcoin was introduced, many of its early adopters disliked the current bureaucratic system, with a cartel of bankers pulling the world’s monetary strings. Over time, however, something weird has happened and the idea of permissionless innovation perverted into people literally asking nation states for permission, begging … Read more
Russia: CEO of Banking Giant Sberbank Says Blockchain Tech Will Be ‘Ready’ in 3-5 Years
Herman Gref, CEO of Russia’s Sberbank, says governments aren’t likely to “allow” decentralized crypto to flourish anytime soon, but pushes blockchain dev Go to Source Powered by WPeMatico
‘Cryptocurrency Fever’ Has Begun to Diminish, Russian Central Bank Head Says
Elvira Nabiullina, the head of Russia’s central bank, thinks that crypto “fever” is diminishing Go to Source Powered by WPeMatico
Natwest Bank Launches R3 Corda Blockchain-Based Syndicated Lending Platform
U.K.-based bank Natwest will integrate a new blockchain platform based on R3 Corda technology for use in the syndicated loans market Go to Source Powered by WPeMatico
