Hitachi and BTMU begin PoC testing using blockchain to digitize checks in Singapore
Aug 22, 2016 06:45 am UTC| Digital Currency Fintech
Japan-based electronics company Hitachi Ltd. and the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) announced today that they have partnered and started Proof of Concept (PoC) testing for using blockchain technology for check...
Russian blockchain consortium to get a new member
Aug 22, 2016 06:24 am UTC| Digital Currency
According to latest reports, Sberbank, one of the largest banks in Russia, has expressed its interest in joining the blockchain consortium that is being created by the countrys central bank. The plan to create the...
Bank of England to hire lead for Digital Currencies Team
Aug 22, 2016 05:37 am UTC| Digital Currency
The Bank of England has been increasingly taking interest in digital currencies and has also recently discussed the possibility of a central bank issued digital currency (CBDC). In a move to spearhead this effort, the...
Japanese banks form consortium to consider blockchain for domestic and forex services
Aug 22, 2016 05:37 am UTC| Digital Currency
Japan-based financial service company SBI Holdings and its subsidiary SBI Ripple Asia Co. Ltd. have collaborated to form a consortium that will utilize blockchain technologyto consider new types of payment and settlement...
ASX completes first blockchain prototype for settlement system
Aug 22, 2016 04:52 am UTC| Digital Currency
In the recently published Full-Year 2016 Results Presentation, the Australian Securities Exchange (ASX) has stated that it has completed the initial phase of a distributed ledger-based prototype for replacement for CHESS,...
Bitwala adds Steemit’s cryptocurrency Steem
Aug 19, 2016 12:40 pm UTC| Digital Currency
Bitcoin payment service, Bitwala has announced that it has added Steem, the cryptocurrency that powers the social media platform Steemit, to the list of accepted altcoins and cryptocurrencies. According to the official...
LTC/EUR struggles to break above 200-day MA, decline till 2.90/2.63 likely
Aug 19, 2016 12:00 pm UTC| Digital Currency
LTC/EUR is slightly recovering on Friday after the plunge. The pair has broken minor support at 3.1570 and slightly declined till 3.1090 levels (BTCE). It is currently trading around 3.1540 at the time of...
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