Blockchain

Blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.

By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way".

Source: en.wikipedia.org

Ripple Doesn’t Think Distributed Ledger Transactions Are In Banks’ Near Future
Ripple Doesn’t Think Distributed Ledger Transactions Are In Banks’ Near Future
June 13, 2018  |  Blockchain

While banks have been investigating and investing in distributed ledger technology (DLT) the team at Ripple does not believe that DLTs are likely to make...

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PayStand Brings Its Blockchain B2B Payments To Canada
PayStand Brings Its Blockchain B2B Payments To Canada
June 13, 2018  |  B2B Payments

PayStand, a B2B payments company powered by blockchain, is launching in Canada. Get the Full Story Complete the form to unlock this article and enjoy...

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Amex Inadvertently Confirms Ripple Blockchain Platform Plans
Amex Inadvertently Confirms Ripple Blockchain Platform Plans
June 13, 2018  |  B2B Payments

It’s not entirely clear yet how — or if — blockchain will transform the financial services market, but that hasn’t stopped industry players from scrambling...

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Korean Federation Of Banks Put ID Verification On The Blockchain
Korean Federation Of Banks Put ID Verification On The Blockchain
June 13, 2018  |  Blockchain

A national banking group in South Korea is launching a blockchain-based ID verification system for the nation’s commercial banks. Get the Full Story Complete the...

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Bitcoin Daily: Financial Firms Invest $1.7B In Blockchain Tech, Bitcoin Dips Under $6,500
Bitcoin Daily: Financial Firms Invest $1.7B In Blockchain Tech, Bitcoin Dips Under $6,500
June 13, 2018  |  Bitcoin

Financial firms are investing $1.7 billion annually on blockchain technology per research from Greenwich Associates, Bloomberg reported. The research group also found that firms increased their...

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Digitization Has Yet To Prove Its Worth For Banks’ Trade Finance Operations
Digitization Has Yet To Prove Its Worth For Banks’ Trade Finance Operations
June 12, 2018  |  B2B Payments

The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have...

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Sizzle Fizzle: Last Mile Sizzles, Banks Fizzle And Snapchat Splits The Difference
Sizzle Fizzle: Last Mile Sizzles, Banks Fizzle And Snapchat Splits The Difference
June 09, 2018  |  Sizzle/Fizzle

Snapchat’s Sizzly Fizzle, or Fizzly Sizzle  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Mastercard Seeks Blockchain-Based Payment Verification Patent
Mastercard Seeks Blockchain-Based Payment Verification Patent
June 08, 2018  |  Mastercard

To verify payment cards at the point of sale (POS), Mastercard is looking into blockchain technology. In a filing with the U.S. Patent and Trademark...

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As Ant Financial Rises, So Does China
As Ant Financial Rises, So Does China
June 08, 2018  |  Markets

Here comes China. Again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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