If we’re to “follow the money,” then we best see that connection to blockchain. Each week, a new bank seems to launch a new initiative infused with blockchain. This week, OCBC Bank announced that it is venturing a cross-border payments and fund transfers initiative by employing...
PwC announced Monday (Nov. 14) the launch of a new FinTech offering dubbed Vulcan Digital Asset Services. The service enables digital assets to be used for banking, commerce and other asset-related services, PwC said in a press release. The services that fall under Vulcan include...
Blockchain may be building bridges quicker than expected. Quite possibly, the biggest blockchain news this week was that Swedish bank SEB announced that intends to build a blockchain channel between New York and Stockholm to enable customers to make real-time transfers, as soon as next...
Blockchain solution firm Fluent has linked with Euler Hermes to offer insurance on B2B transactions across supply chains. Casey Lawlor, cofounder and CMO at Fluent, explains how trade credit can benefit from technology.
With just under a week before the U.S. election, the world is watching. Policies ranging from fiscal to social are all on the line, with each candidate having something to say — whether you agree with it or not. But what about blockchain? Quite likely...
A Japanese bank consortium gearing up to create a new real-time payments platform using blockchain technology from SBI Ripple Asia has expanded to 42 members. According to a report, the group launched in August with 15 members, and SBI Ripple Asia had expected to increase...
The “Fabric Of Our Lives” found itself softly in the hands of blockchain this week. Eighty-eight bales of cotton became part of, arguably, one of the biggest breakthroughs in blockchain this month, all through the first global trade shipment and transaction between independent banks depending...
Visa has announced it is piloting a new B2B payment platform using blockchain technology. Visa is working in partnership with Chain, and the new Visa B2B Connect will be piloted in 2017.
Let’s define blockchain, shall we? While simple to some, others are seeking a better definition. The government is still hashing out a definition. At the time time, a recent group of experts in academia, private practice, government and other industries banded together to define the...
