Blockchain is a public ledger of all Bitcoin transactions that have ever been executed. It’s constantly growing as ‘completed’ blocks are added to it with a new set of recordings. The blocks are added to the blockchain in a linear, chronological order.
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.
Visa Europe Collab, Visa Europe’s innovation hub, teamed up with Epiphyte to work on the new proof of concept for blockchain-based international remittance services.
Top 10 FinTech startups highlight how FinTech is developing at a rapid pace. The sector is one of the fastest growing businesses in Silicon Valley. It represents 7.2% of the U.S. GDP and unlike the established traditional players like banks and brokerages, marketplaces have the ability to be nimble and efficient.
The UK authorities are ready to create favorable regulatory environment in the country.
Microsoft and ConsenSys team up to offer Ethereum Blockchain as a Service on Microsoft Azure. The service will allow customers to use a single click cloud based blockchain developer environment.
The tech world is developing becoming even more powerful. And, the firms connecting parts of it are growing as well. LogMeIn is among those who don’t miss their opportunity.
The research firm TABB Group has released a new report that states the first use cases of the blockchain technology across capital markets may be expected in Q2 of 2016.
A New-York based company specializing on voting machines, has recently announced developing a voting machine based on blockchain technology.
The heads of the IMF and JP Morgan claim they don’t believe that bitcoin will achieve widespread usage in the next years.
3M, BitFury and Allied Control collaborate to build world’s most powerful two-phase immersion cooling project with 3M Novec Engineered Fluid.
Bitcoin trading volume at Winklevoss twin’s exchange Gemini has surged more than 40,000% in the three weeks since its launch.
Coloured coins startup Colu teamed up with the consulting company Deloitte to bring the blockchain technology to the new markets.
Visa have introduced a new proof-of-concept that will make it easier for people to lease a car without leaving a vehicle, thanks to a combination of Visa, DocuSign and blockchain technology