The blockchain holds huge promise for the future of the financial industry, with the world’s leading organizations developing solutions based on the bitcoin technology.
Various sources close to Overstock say that the U.S. Securities and Exchange Commission has approved a S-3 filing for Overstock.com to issue new publicly traded shares on the Bitcoin blockchain.
The World’s First Bitcoin bank NextBank has recently stopped its public crowdfunding campaign.
Hewlett Packard Enterprise has presented the new IoT gateway devices for gathering and analyzing data at the edge of the network.
Former JPMorgan senior executive Blythe Masters rebuffed a proposal to join Barclays, as she is committed to continue her work at the blockchain startup Digital Asset Holdings.
Blockchain technology startup Chain Inc. will no longer offer its service as of December 31, 2015.
Goldman Sachs has developed a new cryptocurrency using the blockchain technology.
Estonia has partnered with Bitnation, the blockchain-based governance system, to enable refugees get bitcoin debit cards and blockchain IDs.
The former chief executive of Barclays, Anthony Jenkins, believes the FinTech will disrupt the traditional banking industry over the next ten years.
Coinbase has partnered with Shift Payments to issue a new bitcoin debit card that can be used by US residents at merchants accepting VISA.
The innovation firm R3 has received support from five additional banks that joined the company’s project on developing blockchain solutions for the finance industry.
UBS Group AG partner Clearmatics continues raising its funds while UBS is working with blockchain.
Some of the leading companies in the financial industry, including Societe Generale and the London Stock Exchange, have partnered to study the potential use cases of the blockchain technology.
Align Commerce facilitates the process of wire transfers with a help of blockchain.
Rootstock, a blockchain-based platform for implementing smart contracts, is in talks with The World Bank and other banks in Latin America to deliver its services for the globes unbanked.