Accenture Works With Thailand’s Oldest Bank to Release Blockchain Supply Chain Tool
Accenture continues supply chain work with blockchain partnership featuring subsidiary of Thailand’s Siam Commercial Bank Go to Source Powered by WPeMatico
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Japanese Electric Power Company Partners With Bank, University on Blockchain Research
A new partnership sees Japan looking at blockchain’s potential for renewable energy sales to consumers Go to Source Powered by WPeMatico
World Payments Report 2018: DLT Falls Short of Meeting Financial Market Demands
The World Payments Report 2018 has found that blockchain technology is not presently capable of meeting the demands of the financial market Go to Source Powered by WPeMatico
Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications
Bitfinex has reportedly shifted its banking business to Hong Kong, with U.S.-based Citibank as the intermediary bank for U.S. dollar wire transfers Go to Source Powered by WPeMatico
Research: Corporations Fail to Deliver on Blockchain Hype, Scalability a Top Concern
A new report from Greenwich Associates, a provider of market intelligence and advisory services to the financial services industry, tries to answer the question: “Why have the tech and financial industries lagged their own blockchain expectations?” It identifies technical challenges as causing corporations to fail to deliver on the hype they created around a buzzword … Read more
World Bank President: Distributed Ledger Technology Has ‘Huge Potential’
World Bank Group President Jim Yong Kim has stated that blockchain technology has “huge potential” that can help the organization “leapfrog generations of bad practice” Go to Source Powered by WPeMatico
Crypto Exchange Bitfinex Suspends Fiat Deposits, Expects to Resume ‘Within a Week’
Crypto exchange Bitfinex has suspended all fiat currency wire deposits for the Euro, U.S. Dollar, Japanese Yen and Pound Sterling, says they will resume “within a week” Go to Source Powered by WPeMatico
Crypto Assets Pose No Risks to Financial Stability, International Bankers Claim
The Financial Stability Board notes cryptocurrencies are not dangerous unless the market grows Go to Source Powered by WPeMatico
Singapore: Regulator Plans to Smooth Over Banking Ties With Crypto Businesses
Banking support for crypto businesses on radar of Singapore’s financial regulator Go to Source Powered by WPeMatico
Canadian Crypto Crypto Exchange QuadrigaCX Blames Major Bank for Delays
Canadian crypto exchange QuadrigaCX has blamed a major bank for its inability to access $21.6 million of its funds Go to Source Powered by WPeMatico
