Banks

Goldman Sachs has published answers to FAQs about cryptocurrencies as it’s getting harder for institutional investors to ignore their rise.

IBM and Thailand’s Kbank launch blockchain-based Letter of Guarantee service to avoid paperwork, provide high rate transparency, and shorten a Letter of Guarantee process reducing the procedures down to only the click of a button.

US-based bank files three new patent apps aimed at validating of not only users of its system, but also of the information within it.

The ethereum virtual machine (EVM) gets its first decompiler able to revert the code of smart contracts into checkable source code.

Belarus is actively involved in the development of legislative framework for cryptocurrency and blockchain development.

Falcon Private Bank becomes the first Swiss bank to directly offer Bitcoin and crypto-asset management.

Blockchain is expected to digitize the paper-based guarantee process, reduce possibility of fraud and improve efficiency.

Mizuho has completed a trade finance transaction between Australia and Japan, digitising documents’ dissemination process using a blockchain.

The banks will be mainly involved in testing and validating the application to evaluate how the technology scales and performs.

The platform is intended to facilitate domestic and cross-border trade for small and medium enterprises in Europe and increase overall trade transaction transparency.

More than 17 thousands participants allow Polybius gradually moving towards its goal to become a legal and trusted provider of personal data with focus on governmental acceptance.

The companies aim to arrange a complicated multinational insurance coverage through blockchain to ensure transaction security.

All the funds raised will be directed to the creation of Polybius Bank, the first digital bank that will combine features of modern banking, IoT, Big Data and Blockchain-based technologies.