According to Gartner, one of the world’s most respected consulting firms when it comes to divining new market trends, blockchain technologies will transform most, if not all, industries about the globe over the next decade. The firm just completed its latest annual survey on the topic and has determined that corporate CIOs are definitely on…
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The advent of blockchain technology created a level of hype and enthusiasm that the Fintech industry had not witnessed since, perhaps, the introduction to the masses of the Internet. A few intuitive futurists had actually discerned years back that the “Internet”, per se, was nothing more than an “enabler” of a wave of innovative thinking…
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News cycles come and go. A few years back, articles covering the crypto space were few and far between, often only speaking to Bitcoin and what some regulator or government official had to say about the strange new substitute for fiat currency. Fast forward until today, and there are a multitude of websites, this one…
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The Greenwich Associates (GA), a global analytics and consulting firm based out of Stamford, Connecticut, has published a new report, which sounds an alarm bell that blockchain technology, i.e., Distributed Ledger Technology (DLT), when applied to the cross-border payments space, could be overly disruptive and undo financial arrangements that have evolved over centuries. The report…
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Blockchain is everywhere, disrupting it all. Islamic finance is also getting disrupted by the technology and some companies are quick to snap up the popular trend of deploying blockchain for business purposes and retaining customers. R3, a blockchain enterprise vendor is one such company. It has recently entered a partnership with a startup based in…
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In an ongoing reality play that has continued for nearly two years, the grandstanding performance of a one Craig Wright, who claims to be the real “Satoshi Nakamoto”, the inventor of Bitcoin and the blockchain, was brought to a semi-close, when a Federal judge, the Honorable Bruce E. Reinhart, ruled that he had “intentionally submitted…
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Bank of America is one of the US banks that is clearly leading in the blockchain-patent game. BofA has filed for over 60 blockchain-related patents so far. This is a major breakthrough since Bank of America is actually the second largest bank by assets in the US. Considering the tight regulations and the inability of…
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R3, the enterprise blockchain software firm, just announced plans to open its second European office in Dublin in 2020. The office will serve as another of R3’s tech hubs and will be primarily staffed by engineering specialists who will work closely with the existing Engineering team in London. The company has recently doubled the size…
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Limestone Network is a startup based in Singapore that aims to disrupt the urban environment in Southeast Asia by using blockchain to build smart cities. The first planned project comprises a 100-hectare land in Phnom Penh. The project is backed up by private investors and it will affect approximately around 200,000 people on a daily…
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Blockchain has conquered it all, there is no doubt about this. The technology has been used in multiple sectors and industries, especially in the financial world. Now, one of the world's giants in mechanics and engineering, Dürr AG, has managed to secure a loan of EUR 750m on a "sustainable base" through blockchain. The information…
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