Here is a graphic from Goldman Sachs explaining how it
Banks that have already tested the network include Santander, UniCredit, UBS, and Royal Bank of Canada (RBC). <... Read More
But the biggest shift in banking industry during the tech revolution is the switch from complacency to collaboration, said Richard Lumb, the CEO of Accenture’s financial services business to ... Read More
Jaime Toplin, research associate for BI Intelligence, Business Insider's premium research service, has compiled a detailed report on blockchain technology that explains how blockchain works, why i... Read More
Another bank executive told Accenture in an interview:
Respondents indicated that that applications focused on intrabank settlements and cross-border payments were the most attractive, with 44% of ... Read More
According to SWIFT, these PoCs will play a role in the platform it seeks to build.
But, the paper offers a look at some of the other trials being conducted by the network in its innovation labs, in... Read More
District Judge Forms Blockchain Law Study Group in South Korea
A group of judges, lawmakers and industry experts in South Korea are forming a new group aimed to discuss legal issues surrounding blockchain technology.
Called the Blockchain Law Society, the grou
SBI Holdings Again Invests in Crypto Exchange Under Scrutiny
SBI Holdings, the investment arm of Japanese financial giant SBI Group, is making a new round of investment in a cryptocurrency exchange that's under increased scrutiny from the country's financial re
21-Year-Old Trader Prosecuted Over Bitcoin Money Laundering
A 21-year-old bitcoin dealer from California is being prosecuted for allegedly committing numerous counts of illegal money transmission and money laundering.
According to an announcement from the D
Police Arrest Hackers Suspected of Stealing $87 Million in Crypto
Chinese police from multiple cities have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around $87 million.
Chinese news agency Xinhua reported on Saturday