While #Blockchain solutions are being used to help slash the cost of money transfers Fintech firms are being relied on more and more to help big banks combat fraud too #AI https://emerj.com/ai-sector-overviews/artificial-intelligence-fraud-banking/
6 Years Ago
Blockchain $ Billion Babes!
Blockchain technology is impacting our lives in many ways, and while there were lots so headlines in 2017 and 2018 about the price of Bitcoin and how Ripple had risen in value in a12 month period by over 37,000, large corporates have been busy behind the scenes. Indeed, as the link at the end of this illustrates big businesses across the globe have been investing and trialling various projects to ensure that they are not left behind.
Blockchain technology offers a powerful combination of better security, and greater efficiency to move so reducing costs and by in...
Blockchain technology is impacting our lives in many ways, and while there were lots so headlines in 2017 and 2018 about the price of Bitcoin and how Ripple had risen in value in a12 month period by over 37,000, large corporates have been busy behind the scenes. Indeed, as the link at the end of this illustrates big businesses across the globe have been investing and trialling various projects to ensure that they are not left behind.
Blockchain technology offers a powerful combination of better security, and greater efficiency to move so reducing costs and by in...
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Laws struggle to find new staff with Blockchain knowledge
As more organisations turn to their lawyers for help and advice lawyers themselves are struggling to recruit sufficient staff to fill the vacancies they have, as they try and keep up with demand. Many of the global firms have been adding staff as demand has risen for data privacy and security legal expertise.
Mary K. Young, a partner at Zeughauser Group, the law firm consultancy, “don’t focus on the crypto, focus on the blockchain. It will be a game changer.”
In Canada we have seen the launch of a law firm just focused on CRYPTO,...
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Please upgrade your membership to comment!7 Years Ago
The London Stock Exchange (LSE) which is one of the largest regulated exchanges globally has issued a STO worth £3 million on the LSE’s Turquoise platform. This is the first STO, or as some are calling it, Equity Token-Offering (ETO) for The LSE which has been carried out within the Financial Conduct Authority’s (FCA) Fintech Sandbox for a company called 20/30.
Nivaura, helped with the 20/30 STO, recently raised over £20million from Linklaters, Allen and Overy and The LSE for themselves, were responsible for issuing a bond on the Ethereum network, claim that using Blockchain technology the costs of issuing a...
Nivaura, helped with the 20/30 STO, recently raised over £20million from Linklaters, Allen and Overy and The LSE for themselves, were responsible for issuing a bond on the Ethereum network, claim that using Blockchain technology the costs of issuing a...
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FYI:
The giant Dutch bank ING has being called upon the cryptographic skills of Stanford University in California, University College London and start-up Blockstream, to offer greater privacy when transferring Bitcoin by hiding the amount to other third parties. ING are calling this new method ‘Bulletproof”, and claim it is 300 times more efficient than some other methods of sending Digital currencies. Interestingly this new method may be extremely helpful as way to record data using Blockchain technology and still comply with GDPR regulations across Europe.
Keeping user information and data private has been a real challenge for exponents of Blockchain technology and...
The giant Dutch bank ING has being called upon the cryptographic skills of Stanford University in California, University College London and start-up Blockstream, to offer greater privacy when transferring Bitcoin by hiding the amount to other third parties. ING are calling this new method ‘Bulletproof”, and claim it is 300 times more efficient than some other methods of sending Digital currencies. Interestingly this new method may be extremely helpful as way to record data using Blockchain technology and still comply with GDPR regulations across Europe.
Keeping user information and data private has been a real challenge for exponents of Blockchain technology and...
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When is an IPO not an IPO? When it is an ICOs, STO, IEOs, DPO, TCR and Direct Offer.
In 2014 Mastercoinlaunched the first Initial Coin Offering (ICO) but it took nearly three years for this capital raising mechanism to really take off, which has created over 5,000 tokens being issued, raising over $20 Billion on a global basis. As regulators turned their attention to ICOs and argued that many of the ICOs ought to be treated as securities it has led to development of Security Tokens (STO). STOs are normally asset backed and typically subject to security regulations in the...
In 2014 Mastercoinlaunched the first Initial Coin Offering (ICO) but it took nearly three years for this capital raising mechanism to really take off, which has created over 5,000 tokens being issued, raising over $20 Billion on a global basis. As regulators turned their attention to ICOs and argued that many of the ICOs ought to be treated as securities it has led to development of Security Tokens (STO). STOs are normally asset backed and typically subject to security regulations in the...
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UN aviation president claims Blockchain can help its industry, which is estimated to double in size by 2035
In a speech at the inaugural Council for the International Civil Aviation Organization (ICAO) in Abu Dhabi, the UN aviation president claimed that air traffic is going to double up in the next 15 years and believes Blockchain technology can make the industry more efficient. Handling the huge amount of data and security measures required to transport passengers across the world is a real challenge for the airline industry. However, by using a technology such as facial recognition, interacting with government data bases and having...
In a speech at the inaugural Council for the International Civil Aviation Organization (ICAO) in Abu Dhabi, the UN aviation president claimed that air traffic is going to double up in the next 15 years and believes Blockchain technology can make the industry more efficient. Handling the huge amount of data and security measures required to transport passengers across the world is a real challenge for the airline industry. However, by using a technology such as facial recognition, interacting with government data bases and having...
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Blockchain start-up completed what it claims to be the world’s first end-to-end international blockchain trial for real estate
In the UK a new start-up called International Property Networkbelieves (IPN) that for the first time they have completed a property transaction involving banks, conveyancers, agents, legal teams, buyers and sellers using Blockchain technology.
U.S.-based law firm Squire Patton Boggs, U.K.-based law firms Ashurst and Clifford Chance, Barclays, Commerz Real, SBI Nihon SSI, BBVA, Swiss Re and Royal Bank of Scotland are among 40 companies on the IPNs platform as they seek to save costs and reduce the costs of real estate transactions.
IPNS claim...
In the UK a new start-up called International Property Networkbelieves (IPN) that for the first time they have completed a property transaction involving banks, conveyancers, agents, legal teams, buyers and sellers using Blockchain technology.
U.S.-based law firm Squire Patton Boggs, U.K.-based law firms Ashurst and Clifford Chance, Barclays, Commerz Real, SBI Nihon SSI, BBVA, Swiss Re and Royal Bank of Scotland are among 40 companies on the IPNs platform as they seek to save costs and reduce the costs of real estate transactions.
IPNS claim...
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VKontaktea social media network service and Russia’s most popular website looks to launch it’s own token –Vkontakte was established in 2006 and with over 500 Million accountsit is the ninth most visited website in the world according to SimilarWeb, and is now looking to create it’s own a Digital Asset according to an RNS article. It is thought that users of the Russian social media site will be given tokens based on the amount of time they spend on the platform. According to RNS, the tokens earned this way could be transferred between users, to purchase goods and potentially be...
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UPS to use Blockchain technology for its new B2B e-commerce platform - UPS the global delivery company, established in 1907, had revenues of over $64 Billion in 2017, has been looking at Blockchain for a while. In Q3 2018 it joined The Blockchain in Trucking Alliance as it looked to improvetransparency and efficiency among consumers, merchants and other parties in supply chains it services. UPS had filed for a patent in August 2018, that involved, storing information about goods they ship, from where they have been dispatched to their destination, creating a shipment plan including payments using Blockchain technology. Although UPS’s...
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Joined 7th February 2019
