Home » Industry » Blockchain Platforms (page 3)

Blockchain Platforms

Blockchain Proven to be Faster than Wire Transfers in Banking Payment Test

According to the Asian Nikkei Review, the unnamed “megabanks,” the Deloitte Tohmatsu accounting group and the Bitcoin exchange bitFlyer have been running Blockchain tests for a considerable part of 2016, with the final tests concluding in September. The goal was to see if Bitcoin’s Blockchain technology (distributed ledger technology) could hold up to the rigors and speed requirements of the current currency ... Read More »

Blockchain R3 Funding: Most R3 Members Will Invest in Funding Effort

More than 30 R3 member banks are expected to invest in the blockchain consortium startup as part of its ongoing $150m funding round according to Coindesk. The funding round would find R3 Partners (the startup’s capital vehicle) retaining 40% of the company, with member banks allotted the remaining 60% of the venture.  R3 members reportedly had until last Friday to declare non-binding ... Read More »

KYCK Launches Know Your Customer Platform on IBM’s High Security Business Network on Secured LinuxOne Servers

KYCK! is a first level KYC platform with remote onboarding capabilities that raises the quality of first level KYC, at a higher level of convenience. In essence KYCK claims to be a one-stop digital identity wallet.  KYCK believes in data security.  A primary reason why the company has collaborated with IBM to store identities on a private, permissioned blockchain network. ... Read More »

Blockchain Consortium R3 Faces Defections by Investment Banks

Morgan Stanley is said to be pulling out of the R3CEV blockchain consortium, according to reports. Reuters and The Wall Street Journal indicate that the bank doesn’t plan to take part in the startup’s ongoing funding effort, aimed at raising $150m. Earlier this week, it was revealed that Goldman Sachs and Banco Santander had moved to withdraw from the consortium, though at press time, neither bank has publicly ... Read More »

Digital Federal Credit Union Joins Digital Trade Group Digital Chamber

Digital Federal Credit Union (DCU) has joined the Chamber of Digital Commerce, the Washington, DC-based blockchain trade organization. DCU claims to be the largest credit union in the New England region by total assets. Founded in the late 1970s, it boasts more than 500k members throughout the US. The Massachusetts-based credit union is the first of its kind to join the organization, which was established in ... Read More »

Chain Open-Sources its Blockchain Tech

Chain is officially open-sourcing its blockchain platform, Chain Protocol, at Money2020 (according to Adam Ludwin, founder and CEO), at which point the technology the startup has built with select partners (and first announced as ChainOS) will be freely available to developers worldwide to download and install. Released as part of the package are actually two pieces of technology.  The first is the Chain ... Read More »

Dun & Bradstreet Tests Blockchain for Trade Finance

Using a blockchain ledger to vet trading partners and others in the ‘financial supply chain’ would make transactions more secure and faster, Dun & Bradstreet said in an interview with the Wall Street Journal. Dun & Bradstreet Corp. is testing a Blockchain Distributed Ledger for offering its proprietary corporate data to business customers. The data and analytics company plans to ... Read More »

Thomson Reuters: Here’s A First Look at Thomson’s New Ethereum Identity Tools

Thomson Reuters has revealed it will soon launch an identity verification platform for ethereum smart contract developers. Conceived as part of the mass media company’s recent ethereum “hackethons“, the tools will be available in beta via the BlockOne ID website starting next week. The goal, as explained by Thomson Reuters, is to allow developers to limit the use of decentralized applications (“dapps”) to users who accept the terms ... Read More »

Blockchain in the USA: Momentum Grows in Washington

According to CoinDesk it has been a big week for blockchain on Capitol Hill. Half way into the week it has already seen the launch of the Congressional Blockchain Caucus (an effort led by Rep Jared Polis and Rep Mick Mulvaney), and the opening of the DC Blockchain Center, an information hub for policymakers.  The two initiatives reflect the growing interest around the technology in the US capitol. Though ... Read More »

Bisnode and Coinfirm Take Compliance and Business Intelligence to the Next Level with Blockchain

The companies are integrating solutions and bringing a new era of blockchain, business intelligence and compliance services to the market There’s no question that transparency and compliance have been a hurdle between a marriage of digital currencies such as bitcoin and the financial system.  Companies operating in the area have to face an unsure playing field while banks and other ... Read More »

‘Big Four’ Accounting Firms Meet to Consider Blockchain Consortium

Blockchain representatives from each of the ‘Big Four’ accounting firms have met with the American Institute of Certified Public Accountants to discuss establishing a distributed ledger consortium. Held at Microsoft’s headquarters in New York City, the event marks the first meeting between blockchain specialists from Deloitte, Ernst & Young, KPMG and PwC. Collectively, the four firms last year generated $123.7bn revenue. The meeting is being hosted ... Read More »

What the Heck is Blockchain?

Whenever the term Blockchain comes up in conversations with information professionals, usually one will be interrupted with the question:  “What the Heck is Blockchain”? BIIA member Forrester Research has published a short report called “Breaking Down Blockchain in Six Questions”.  The report can be purchased from Forrester Research.  Its author is Brendan Miller. So what the heck is Blockchain?   At ... Read More »