According to a survey prepared by Ernst & Young, Hong Kong demonstrates the highest rate of fintech adoption among all analyzed markets.
Our world is growing, various industries are evolving as well. The Fintech industry has already announced itself on the world scene, and surely, it’s going to rule the roost in the brand-new 2016.
Only 14% of those interrogated predicted that banks can suffer from financial technology disruption.
According to Visa, the year of 2015 has been definitely the year of the blockchain.
Coinsilium, a blockchain investment services provider, has started stock trading on the ICAP Securities and Derivatives Exchange in London.
The Australian Securities Exchange has unveiled it is considering the possibility of incorporating the blockchain technology to improve its clearing and settlement system.
![Revealing the Data Behind VC Fintech Investment [Infographic]](https://www.coinspeaker.com/wp-content/uploads/2015/12/revealing-data-behind-vc-fintech-investment-infographic-thumb.jpg)
Nowadays, the Fintech industry is becoming huge. So, the number of Fintech companies with VC investments increased from 276 in 2010 to about 1,000 in 2015.
While R3 CEV blockchain consortium attracts new members, Overstock.com’s CEO Patrick Byrne warns that the initiative can stifle innovation.
We have prepared a list of the most unual gifts for the upcoming New Year.
Research company Aite Group predicts bank will invest around $400 million in the blockchain technology within the next few years.
Amazon has the potential to lead the artificial intelligence and Internet of Things markets, given its current developments in the sector.
Thus R3 project has just grown up to 42 members – the world’s largest and most influential banks.
The companies have teamed up to create a technology similar to blockchain with hugh potential to change business services.
According to a new report, elaborated by consulting agency McKinsey, large scale usage of the blockchain will require capital market participants to collaborate on solving the problems of further technology adoption.
On Tuesday, the Bitcoin Foundation members voted to remove Olivier Janssens and Jim Harper from its board.