Sentences with phrase «report on blockchain tech»

The self - regulatory organization for US brokers published a new report on blockchain tech yesterday that offers both a broad overview of the tech from the context of its industry, as well as its take on its potential impact on the brokerage sector.

Santander InnoVentures» report on blockchain tech is the latest contribution to what is considered to be a growing trend among mainstream banks.

Not exact matches

Many on the list have previously announced independent efforts to study blockchain tech, and the banks are said to be investing money in R3 as part of the effort, according to a report by The Financial Times.

These reports were based on the claims of a Swiss blockchain company, Agora, where it said that the country had utilized blockchain tech to tally and audit the election results.

Though the report did not go into the specifics of how government agencies may improve their functions by using blockchain tech, the paper's authors peppered references throughout on how blockchain could reduce paperwork burdens, and prevent errors in data.

The report weighs both the pros and cons of bitcoin and blockchain tech, posing both challenges and benefits that the bank would face as to taking on this technology.

Several posts on Chinese Bitcoin news sites like Coin News Asia are reporting that online sales giant Alibaba is working on possibly using blockchain tech for their Alipay service.

For instance, a new report from consulting firm Deloitte LLP finds that 12 % of large companies are developing applications based on blockchain tech.

Twenty billion dollars a year — that's how much banks could save on cross-border payments, compliance and securities trading if they used blockchain tech to move money and assets around the world, according to a report co-written by Spanish megabank Santander published last month.

Following a State Street report published last week on the long - term value of blockchain and other technologies, the bank's executive vice president of global exchange, Lou Maiuri, elaborated on how his group is experimenting with new ways to capitalize on blockchain tech.

Elsewhere at Consensus 2017, Deloitte showcased a number of other technical platforms built on blockchain tech, including «Regchain», a regulatory reporting platform it believes could become a significant tool in its arsenal.

The report was prepared on the basis of data collected around a number of in - depth interviews with top - level management of the key blockchain market actors, such as Microsoft, IBM, Deloitte, Ripple, Chain, Abra, BitFury, Coinbase, Circle, Digital Asset Holdings, Blockchain Tech Ltd, Global Arena Holding, Digital CC Ltd, and blockchain market actors, such as Microsoft, IBM, Deloitte, Ripple, Chain, Abra, BitFury, Coinbase, Circle, Digital Asset Holdings, Blockchain Tech Ltd, Global Arena Holding, Digital CC Ltd, and Blockchain Tech Ltd, Global Arena Holding, Digital CC Ltd, and Earthport.

Also it was reported that the European Central Bank (ECB) want to impose tighter controls on the exchange of virtual currencies; A group of banks in Hong Kong are developing a system that uses blockchain tech to share information about mortgage valuations;...

Chinese tech giant Huawei plans to develop a smartphone that will support decentralized applications (DApp) running on Blockchain technology, reports Bloomberg March 21.

Also it was reported that the European Central Bank (ECB) want to impose tighter controls on the exchange of virtual currencies; A group of banks in Hong Kong are developing a system that uses blockchain tech to share information about mortgage valuations; In a new SEC filing, State Street is now listed as the administrator and transfer agent for the Winklevoss Bitcoin Trust, a proposed bitcoin ETF; India's biggest IT services firm Tata IT is working on over 100 blockchain projects — these articles and many more on our Facebook page.

Check their website for more info http://blockchainstorm.co/more-details/ Other stories in the news this week: - Overstock starts the R4 for everyone else who can't be part of the R3 consortium... for instance, Fintech start ups and smaller businesses; first end to end transaction sent via Lightening network successfully; Dutch Real Estate firm Blandlord to sell property with bitcoin blockchain; Factom raised $ 4,2 million in new funding to build various new products for its blockchain data network; Sydney Stock exchange completes blockchain prototype; Dubai Crown Prince announces strategic plan to have all government documentation on the blockchain by 2020; Russia and South Africa join to develop blockchain tech and an IBM survey reports that 65 % of the worlds major banks will use the blockchain by 2019.