22 January 2017
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Latest blockchain news

China's Ant Financial goes global in bid for two billion users in 10 years

China's Ant Financial goes global in bid for two billion users in 10 years

20 January 2017  |  3863 views  |  0 comments | 14 tweets | 5 linkedin

Ant Financial, the payments unit of Chinese Web giant Alibaba, is looking into the use of blockchain technology as it sets its sights on boosting its user numbers to two billion people within the next decade.

SocGen builds startup database

SocGen builds startup database

20 January 2017  |  3167 views  |  0 comments | 6 tweets | 3 linkedin

French bank Societe Generale is setting up an internal platform, dubbed Startup Radar, where staffers can access information about experimental projects and recommend interesting fintech firms.

Finra paper explores implications of blockchain for securities industry

Finra paper explores implications of blockchain for securities industry

19 January 2017  |  4832 views  |  0 comments | 10 tweets | 10 linkedin

Finra (the Financial Industry Regulatory Authority) has become the latest organisation to give its two cents on distributed ledger technology, publishing a paper on blockchain's implications for the securities industry.

Deutsche Bourse turns to fintech partners to build 'Exchange 4.0'

Deutsche Bourse turns to fintech partners to build 'Exchange 4.0'

18 January 2017  |  5071 views  |  1 comments | 23 tweets | 14 linkedin

Deutsche Bourse is promising to cooperate with fintech firms and tap new technologies such as big data, AI and, above all, blockchain as it moves toward the creation of an 'Exchange 4.0', says CEO Carsten Kengeter.

CSDs aim to build distributed ledger for mobilising scarce collateral

CSDs aim to build distributed ledger for mobilising scarce collateral

18 January 2017  |  3826 views  |  0 comments | 7 tweets | 6 linkedin

A coalition of four central securities depositories is collaborating with Deutsche Börse on an initiative to use blockchain technology to ease cross-border mobilisation of security collateral.

Blockchain could slash investment banks' costs by 30%

Blockchain could slash investment banks' costs by 30%

17 January 2017  |  5200 views  |  0 comments | 24 tweets | 20 linkedin

Blockchain technology could reduce infrastructure costs for eight of the world’s 10 largest investment banks by an average of 30%, saving them billions of dollars every year, new research from Accenture and McLagan suggests.

FTC fintech forum to explore AI and blockchain

FTC fintech forum to explore AI and blockchain

16 January 2017  |  4477 views  |  0 comments | 5 tweets | 3 linkedin

Artificial Intelligence and blockchain will be at the centre of attention at an upcoming fintech forum put together by America's Federal Trade Commission.

Seven banks plan blockchain platform for SMEs

Seven banks plan blockchain platform for SMEs

16 January 2017  |  13044 views  |  0 comments | 48 tweets | 44 linkedin

Seven of Europe's biggest banks are collaborating on the development of a shared cross-border trade finance platform for small and medium -sized companies that harnesses the power of distributed ledger technology.

RBI told the time is right to digitise the Rupee

RBI told the time is right to digitise the Rupee

13 January 2017  |  7378 views  |  0 comments | 14 tweets | 12 linkedin

The research arm of the Reserve Bank of India has recommended that the central bank should begin work on the creation of a digital currency unit using blockchain technology.

Blockchain impact timeline speeds up, massive cost savings forecast

Blockchain impact timeline speeds up, massive cost savings forecast

13 January 2017  |  14046 views  |  0 comments | 39 tweets | 38 linkedin

Uptake of distributed ledgers will remove $110 billion in costs for the global financial services industry over the next three years as the technology is applied to critical 'pain points' across seven legitimate use cases, according to an analysis by McKinsey.

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