JPMorgan’s interest in blockchain technology received a great deal of press back in February of this year, when we reported that it would be “the first major bank to embrace the crypto revolution in a significant way by issuing its own proprietary stablecoin to speed up cross-border payments and gain other operating efficiencies, as well”.…
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Microsoft is expanding its Azure Cloud service offering by adding new features to its blockchain support platform, specifically new tokenization and blockchain data management services. The new token tool is designed to “simplify the definition, creation and management of compliant tokens built to industry standards”. The new blockchain data management features will simplify “the cumbersome…
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For the past few years, critics of the new digital age, driven by blockchain technology and cryptocurrencies, have continually asked where are the “use cases” that prove efforts in this new sector have been worthwild? 2019 has become a year where results from years of investment in research and development in crypto related activities have…
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It has been said that hindsight is often clearer than foresight, and a bit cleverer, too. A case in point is the recent crackdown by Chinese authorities on crypto exchanges throughout the Middle Kingdom. Press reports were quick to shout, “Blockchain, not Bitcoin”, as if the entire wrath of the government was directed at the…
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Alibaba Cloud and the Credits blockchain platform have teamed up to revolutionize the Chinese logistics market with blockchain. The companies will develop software and hardware solutions for solving the payment and trust issues currently present in the Chinese market. The partnership will see the use of modern, innovative business models such as 3PL. What this…
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SoftBank has been recently in the news primarily because of the WeWork "ordeal". However, the Tokyo-based conglomerate has now entered the blockchain space by releasing a debit card with built-in blockchain wallet. The card is developed in collaboration with the US-based wallet developer company called Dynamics. The product is names SBC Wallet Cards and it…
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After President Xi’s recent call for everyone in his country to embrace blockchain technology, one would think that China might have been biding its time regarding any commitments to the innovative decentralized ledger system. Nothing could be further from the truth. The government’s attitude may seem to have become “Blockchain, not Bitcoin”, but the private…
Read moreHSBC is revolutionising the way the bank tracks and records assets. Currently, Reuters reported that HSBC plans to shift around $20 billion worth of assets from paper records to a new digital blockchain platform. The shifting is expected to take place by March and it will be one of the biggest deployments of blockchain ever…
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Banking and financial services have generally been viewed as a staid and conservative sector of the business community, but technology allows no one to escape the threats of competition armed with innovative and disruptive ideas, as evidenced by the emergence of fintech. Artificial Intelligence (AI) and blockchain, along with a host of other innovation trends,…
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The European Commission and European Investment Fund (EIF) has launched a new investment program for the benefit of developments in Artificial Intelligence (AI) and Blockchain technology. The initial scope of the fund will be €400 million, but it could grow to €2 billion over time. The new initiative is seen as a stopgap measure to…
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