Eight major European financial entities have announced they will work together on a blockchaintech project for recording the issuance of financial warrants, Spanish news outlet el Economistareports today, June 25. Spanish securities regulator the National Securities Market Commission (CNMV), along with major stock market operator BME, and banks Santander, BBVA, BNP Paribas, CaixaBank, Commerzbank and Société Générale have […]

Stasia Bold Nowadays there are many challenges inherent to the existing blockchains. Among them the following main problems may be distinguished: Low capacity level caused by permanent data calculation. Progressively growing blockchain data volume, which in its turn causes troubles when there is a full synchronization. High transaction costs. We are glad to present you […]

With a plethora of business blockchains vying for prominence, banks are under increasing pressure to pick a winner – after all, without network effects, surely the benefits would be lost? While that might be conventional wisdom, Commerzbank AG, one of Germany’s largest financial institutions, is taking a different tack. Rather than choose one protocol on […]

Global leader in advisory services, EY, in partnership with Microsoft announced a blockchain based solution which facilitates content rights and royalties management. To start things off, Microsoft and affiliated game publishers will be using the solution in the gaming industry, although this sort of a solution can be used in multiple industries where intellectual property(IP) or assets are […]

Laura Desmond Blockchain is now an official word in the Merriam-Webster dictionary. Of course, the FinTech industry doesn’t have to look it up, but the dictionary now defines blockchain as a technology that enables the keeping of records of financial transactions in a digital database as part of a publicly accessible network. The addition of blockchain to […]

By Arthur Swan The retail giant Walmart has been awarded a patent for a blockchain system which stores patient medical records in a highly secured database. This information can quickly be retrieved in an emergency situation if the patient is unresponsive with first responders. In order to secure the privacy of patients, medical information stored on […]

Despite the best efforts of zcash developers to keep the cryptocurrency’s coming upgrade, Overwinter, as seamless as possible, the $800 million network was faced with a plot-twist this week. Mere days before the update (a hard fork of the code) was set to execute – a developer decided to effectively threaten to split the network – if he […]

A blockchain-based application that helps sports fans receive “reliable and transparent” betting advice has launched its main platform – only a couple of days after the football World Cup kicked off in Russia. BlitzPredict aims to provide innovative solutions to the issues that have plagued the betting industry in recent years by recording predictions on […]

South Korea’s Ministry of Science and ICT has announced a major Blockchain Technology Development Strategy that aims to raise 230 bln won (~$207 mln) by 2022, The News Asia reportstoday, June 21. According to the Ministry’s official announcement, the new initiative will foster 10,000 blockchainindustry professionals and 100 companies, and will expand and commercialize six existing blockchain pilots with the […]

  By David Brown Stanford has created the Center for Blockchain Research, supported in part by the Ethereum Foundation, Stanford Engineering’s website posted yesterday, June 20. The university reportedly established the center in order to examine how blockchain technology can transform traditional business interactions, according to their official announcement. Ethereum (ETH) co-founder Vitalik Buterin tweeted about his, and evidently his Foundation’s, support for […]