The CEO of Microsoft believes blockchain can have “massive implications,” a comment that helped close Swift’s annual Sibos conference this year.
No one won the game of trolls, but competition between Swift, Ripple and Stellar is still fierce, even though it might be too early for fists.
An upstart financial conference yesterday saw discussion of digital assets – though so-called “unregulated” cryptocurrencies were the butt of barbs.
Day one of Swift’s annual Sibos conference found the interbank messaging platform under pressure from the rising tide of cryptocurrencies.
Blockchain startup SmartContract has today unveiled a new a proof-of-concept built with assistance from five major financial institutions.
Swift declares its blockchain proof-of-concept a success, but in the build up to its biggest annual event, implementation is far from certain.
The senior vice president of the Federal Reserve Bank of Boston believes blockchain will make financial middlemen wake up and innovate.
Although the cryptocurrency ecosystem is pretty innovative, there are few groundbreaking innovations. Ripple has come up with a rather bold plan in a bid to keep wooing investors. The company itself focuses on being a bridge between fiat currency and digital currency. Their Ripple Transaction Protocol is bringing some much-needed competition to Bitcoin and Ethereum. […]
Barclays has become the latest major financial institution to join the foreign exchange-focused blockchain consortium CLS.
Distributed ledger startup Ripple is ramping up its competition with banking services provider Swift by launching a rival conference this fall.
Swift has completed development work on its first blockchain proof-of-concept, and six global banks are about to put it through its paces.
Ripple, which touts itself as the “Global Settlement Network” and has been involved with various banks to move money around the world, has its own ideas about how Blockchain can and can’t help the banking sector.
SWIFT’s Blockchain settlement project has gained 22 more ‘tester’ banks before development ends in October.
Swift’s months-long cross border blockchain trial is expanding with the entrance of more than twenty additional financial firms. Source
After expanding services in Europe earlier this year, bitcoin payroll and wage payment service provider Bitwage announced its official launch in the UK on Monday. Also read: Bitwage Launches New Functionality for European Customers Bitwage’s Official Launch in the UK Bitwage offers solutions for remote workers to receive wages in a variety of currencies including […]