Sentences with phrase «blockchain industry moves»

As the cryptocurrency and blockchain industry moves into the mainstream, more companies and organizations will need to start taking notice to keep up with the latest technology.

Not exact matches

David Treat, managing director for Accenture's financial services industry blockchain practice, says in an emailed statement: «As we move into production implementations, bank executives will need a clear roadmap for how and where to rethink their strategies and redesign their operating models, which is why we undertook this unique study.»

Once Blockchain has been tested at scale in a complex fast - moving business environment, it may yet evolve into an industry - wide tool to reduce headcount and operational expenses, while also adding resiliency and security.

Blockchain could upend a number of complex intermediate functions in the industry: identity and reputation, moving value (payments and remittances), storing value (savings), lending and borrowing (credit), trading value (marketplaces like stock exchanges), insurance and risk management, and audit and tax functions.

The biggest common thread at #TBCCSF 2016 was a need for collaboration toward a scalable industry standard for blockchain technology to fundamentally change the way the world moves money.

The insurance industry has now moved full force into the use of blockchain.

Formed in 2015, their vision is to create the ultimate registration system for intangible assets, and move the securities industry onto the blockchain.

The prospect that financial services could be caught up in the disruptive innovation that has shaken up many other industries moved a step closer after the Australian Securities Exchange (ASX) announced it would start to use blockchain technology in its equities clearing and settlement systems.

The prime minister's acknowledgment of Slovenia's advancements in blockchain technology is a welcome move toward wider policy discussions within a rapidly expanding industry.

For example, can moving to a blockchain - based payment system reduce risk and fraud for your retail industry client?

The time has come for blockchain to move from a niche sector play to reshape how entire industries work.»

The NAGA Coin or NGC represents the exciting future of blockchain tech where companies can seamlessly move from IPO to ICO while intersecting different industries and markets.

Cointelegraph reports that industry expert and Bitcoin advocate Andreas Antonopoulos has said that the move was effected because of pressure from above, and represents the exact reason that blockchain is needed to deal with the central capricious power.

«This is an important milestone for our company as we move toward our objective of large - scale adoption of Blockchain technology in the food and pharma industry.

«There have been a number of positive initiatives to bring standards to the cryptocurrency sector around token sales (also known as ICOs) and tokens, and GDF has brought together some of the biggest industry players and influencers to move this agenda forward with global policy makers and regulators», stated Simon Taylor, former Barclay's Bank blockchain development lead, who heads up the GDF initiative.

«The developers who really understand blockchain technology, they are still in the industry and they are moving globally.»

The next big wave, when you hear about the banking industry or the finance industry getting all hot and bothered about blockchain tech, it's, «Oh hey, we could represent all these complicated financial products that we have in this and it would make it easier for us to move them around, and record keep them and audit them and so on.»

In a move that could forever revolutionise two utility industries close to breaking point, a UK - based company has announced an Initial Coin Offering (ICO) for the world's first ever Waste to Energy treatment facilities entirely integrated on the blockchain network.

Investors around the world are moving the blockchain industry forward, not just VCs in North America.

Though no date has been set for the transition, the Blythe Masters - led blockchain startup credited its bid to «advance industry adoption» of the tech as the impetus for the move.

The move is notable as Twitter has come a popular forum for, not only blockchain industry enthusiasts and firms, but also celebrities promoting crypto token offerings that have been frowned upon by regulators, as well as scammers impersonating real accounts in order to hoax investors.

The effort also comes amid moves by other major Chinese companies into the blockchain industry.

The latest move continues the trend in the automotive industry, specifically in Germany, focusing on the use of Blockchain to foster innovation and cut costs.

Headlines reviewed... Switzerland is moving to regulate bitcoin and blockchain businesses; Bitcoin, and blockchain startups may soon face regulatory oversight from the Office of the Comptroller of the Currency in the USA; The Internet of Things could boost USA productivity; Blockchain is a solution looking for a problem; The Ontario Securities Commission (OSC) looking for representatives from the digital currency and blockchain industry for a new advisory panel on fintech and an insurance and reinsurance industry trade organization in the UK is launching a new blockchain researcblockchain businesses; Bitcoin, and blockchain startups may soon face regulatory oversight from the Office of the Comptroller of the Currency in the USA; The Internet of Things could boost USA productivity; Blockchain is a solution looking for a problem; The Ontario Securities Commission (OSC) looking for representatives from the digital currency and blockchain industry for a new advisory panel on fintech and an insurance and reinsurance industry trade organization in the UK is launching a new blockchain researcblockchain startups may soon face regulatory oversight from the Office of the Comptroller of the Currency in the USA; The Internet of Things could boost USA productivity; Blockchain is a solution looking for a problem; The Ontario Securities Commission (OSC) looking for representatives from the digital currency and blockchain industry for a new advisory panel on fintech and an insurance and reinsurance industry trade organization in the UK is launching a new blockchain researcBlockchain is a solution looking for a problem; The Ontario Securities Commission (OSC) looking for representatives from the digital currency and blockchain industry for a new advisory panel on fintech and an insurance and reinsurance industry trade organization in the UK is launching a new blockchain researcblockchain industry for a new advisory panel on fintech and an insurance and reinsurance industry trade organization in the UK is launching a new blockchain researcblockchain research project.

This maturation is another possible reason that members of blockchain teams at legacy institutions are moving on, but industry analysts also spoke to its «sex appeal».

Though green - lighting series LLCs is a move that will benefit more than just blockchain startups, proponents believe it is a key component of attracting entrepreneurs from this nascent industry to the state.

The head of the Korean Blockchain Industry Association disagreed with the move by the regulator.

With blockchain projects and groups forming worldwide in the last few years, these projects have finally moved past being simple case studies, and have become viable products to disrupt their respective industries.

The prime minister's acknowledgment of Slovenia's advancements in blockchain technology is a welcome move toward wider policy discussions within a rapidly expanding industry.

-- Personally, I am glad that Dan Larimer, one of the brightest brains in the blockchain industry, after several quite successful experiments, moved forward to develop a full - fledged platform for smart contracts.

Companies like NVIDIA Corp. (NVDA), Overstock.com (OSTK), Hive Blockchain, BTL Group Ltd. and Global Blockchain Technologies are currently making significant moves in this space, sparking its massive growth and bringing investor awareness to the rapidly expanding industry.

While China has spent the past year implementing a series of prohibiting regulations that have made it almost impossible for the cryptocurrency industry to thrive within the country, Chinese crypto enthusiasts have not let government regulation prevent them from moving forward with crypto and Blockchain innovation.

With things moving as fast as they do, we've witnessed the evolution from «single cell» store of value cryptocurrencies to an ever - expanding ecosystem of blockchain applications that threaten the disruption of many industries.

The company itself has also set up its own blockchain project to move it further into the industry.

In a move towards self - regulation, leading Indian Bitcoin exchanges including Zebpay, Unocoin and Coinsecure have formed an industry - wide organization called the Blockchain and Virtual Currency Association of India.

This move is seen as a setback that hindered the growth of the Blockchain industry and the cryptocurrency market by many.