R3's Marco Polo blockchain consortium welcomes Bangkok Bank
May 25, 2018 05:08 am UTC| Digital Currency
Thai banking giant Bangkok Bank has joined the Marco Polo, a trade finance initiative run by enterprise software firm R3 and trade finance technology specialist TradeIX. Launched in September 2017, the initiative...
EY and Guardtime launch marine insurance blockchain platform ‘Insurwave’
May 25, 2018 04:24 am UTC| Digital Currency
Consulting giant EY and Guardtime, along with a number of industry participants, have launched a marine insurance blockchain platform Insurwave. Insurwave, a blockchain platform to support marine hull insurance, is the...
MAS proposes review of regulatory framework to include blockchain and p2p trading platforms
May 25, 2018 03:34 am UTC| Digital Currency
The Monetary Authority of Singapore (MAS) has proposed to expand the existing recognised market operators (RMOs) regime in the wake of new business models in trading platforms, which includes peer-to-peer (p2p) and...
Commerzbank and Thyssenkrupp Completes Deal Via Blockchain Platform
May 25, 2018 03:03 am UTC| Technology
As the development of blockchain technology continues to roll out, more and more institutions are adopting it into their system. And among these are the financial sector. Blockchain tech is viewed as a major catalyst for...
Prolific experimentation of Blockchain on FX forward transaction by Commerzbank and thyssenkrupp
May 24, 2018 14:13 pm UTC| Research & Analysis Fintech Insights & Views Commentary
Weve been seeing the newly invented advanced technologies on a constant basis, now the Blockchain can have a large impact on the way transactions and ownership are recorded, it is important to note that there are actually...
EY Americas tax to organize Fintech day in Boston
May 24, 2018 12:16 pm UTC| Research & Analysis Fintech Insights & Views Commentary
The buzz around fintech has gained the substantial attention of traditional financial institutions in the recent times, start-ups, venture capitalists, and regulators. Banks and regulators are hard-pressed to revisit their...
Blockchain startup Block.one announces $1B venture fund ‘EOS VC’
May 24, 2018 09:20 am UTC| Digital Currency
Blockchain startup Block.one has announced a venture capital initiative to foster the EOS ecosystem. The company has announced EOS VC and committed to investing more than $1 billion into funds focused on the growth of...