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

Korean Federation Of Banks Put ID Verification On The Blockchain

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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Clarity Pursues $50 Million Via ICO For SMB Data Platform
Clarity Pursues $50 Million Via ICO For SMB Data Platform
June 08, 2018  |  B2B Payments

Clarity, a startup that offers small businesses (SMBs) a way to manage their data, announced plans for a token sale before its official launch. Get...

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Blockchain Startup’s $4 Billion ICO Outshined By AltFin Funding
Blockchain Startup’s $4 Billion ICO Outshined By AltFin Funding
June 08, 2018  |  B2B Payments

There is a clear pattern in B2B FinTech investment. Recent years saw a surge in funding for alternative finance players, as a gap in access...

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Ripple, SWIFT Vie For Top Cross-Border Payments Spot
Ripple, SWIFT Vie For Top Cross-Border Payments Spot
June 07, 2018  |  B2B Payments

Competition in the cross-border payments market is on the rise as blockchain firm Ripple and payments messaging company SWIFT vie for market leadership. Get the...

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