Distributed ledger technology (DLT) is a digital system for recording the transaction of assets in which the transactions and their details are recorded in multiple places at the same time. Unlike traditional databases, distributed ledgers have no central data store or administration functionality.
(source: dlt.com)
Credit unions are underdogs in a financial services space still dominated by major traditional banks, particularly when it comes to small business...
The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would...
The wholesale car financing arm of JPMorgan Chase is putting together a plan to finance the creation of a blockchain-based automobile inventory...
Telegram has submitted a new legal filing requesting that the New York Southern District Court dismiss accusations by the U.S. Securities and Exchange...
Enterprise software firm SAP is teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology...
The Association of National Numbering Agencies (ANNA) announced the launch of a new task force that will look into the identification of...
Money constantly flows across borders in the increasingly interconnected global economy, from workers overseas back to their families, and from buyers to...
Though the manic blockchain hype of 2018 has died down somewhat, FinTechs, banks and corporates continue to collaborate and innovate as they...
In the blockchain realm, IBM has said that it may join a team effort with Facebook to develop DLT technology. Elsewhere, Cisco moves...
In finance, now comes automated, embedded supervision. Maybe. To that end, the Bank for International Settlements (BIS) said in a paper titled...
U.S. financial institution Wells Fargo has announced plans to pilot an internal settlement solution that operates on distributed ledger technology (DLT). In...
At the highest level blockchain proponents say that distributed ledger technology (DLT) has the ability to safely, and immutably, transfer data, payments...
Switzerland’s regulators are mandating that firms conducting business across blockchain conduct AL and KYC due diligence. In Australia, the Securities Exchange is...
The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG...
Authorities in Australia have charged five individuals in connection with a digital currency investment scheme, which reportedly bilked victims out of $2.7...
Global payments revenues are at an all-time high, and experts predict that they could even climb to be a $2 trillion industry...
Cross-border, B2B payments generated approximately $125 billion in revenue last year, a figure that continues to rise. FIs and FinTechs need to...
SWIFT has said it will let blockchain firms make use of the Global Payments Innovation platform for faster payments. Elsewhere, blockchain is making...
Payments messaging firm SWIFT will allow blockchain companies to connect into its global payments innovation (gpi) platform, SWIFT said in its latest...
It wasn’t all about Libra, the new cryptocurrency backed by social media and financial heavyweights and underpinned by blockchain. Announcements tied to...
For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed...
A new blockchain association has been created to promote the adoption of the technology across the European Union. The group — the International...
The jockeying for cross border-payments continues, and SWIFT and Ripple continue to dominate the headlines. At heart of the matter, of course,...
The U.S. Commerce Department is expanding its Trade Finance Advisory Council (TFAC), having recently appointed 21 new members to the group in...
The movement to bring blockchain to cross-border payments proceeds apace. Might SWIFT be giving a nod, at least partially, toward the use...
Deutsche Börse, IT services provider Swisscom and FinTech firm Sygnum announced they are partnering to create a digital asset infrastructure on blockchain....
Blockchain is gaining traction beyond the crypto realm, and is increasingly applied to secure and organize data. Adjoint CEO Havell Rodrigues tells...
Bitcoin fell to a five-week low during this past holiday weekend, reaching $3,442.50, its lowest level since Dec. 17. By Tuesday (Jan....
HSBC is increasingly relying on blockchain technology to facilitate its foreign exchange trading services, reports in Financial Times said Monday (Jan. 14),...
The China Banking Association (CBA) is hoping to target smaller banks to expand its blockchain platform developed for the nation’s banking sector, reports...
Kenyan financial authorities are on the cusp of unveiling a FinTech sandbox that will initially focus on robo-advisors and consider blockchain. Across Europe,...
SWIFT India, a joint venture between SWIFT SCRL and several banks, plans to test distributed ledger technology (DLT) in partnership with blockchain...
Death and taxes are sure things, but can blockchain make the latter even more of a certainty in Thailand? Plus, trade finance done...
Readers of this space know that trade finance — which concerns both domestic and international B2B transactions — has been mired in...
JD.com is teaming up with two schools to study distributed ledger technology’s (DLT) implications on business, Cryptovest reported. The Chinese eCommerce retailer...
HSBC, Standard Chartered and 10 other banks launched a new blockchain-based trade finance program in Hong Kong on Wednesday (Oct. 31) aimed...
Ripple said that its revenues related to the sale of the digital asset known as XRP gained ground in the third quarter...
Might there be challenging times afoot for TradeLens, the distributed ledger technology platform effort geared toward supply chains and backed by IBM...
The SBI Group plans to license Sepior ApS’ wallet technology to use in its own wallet, which will become a part of...
A British man who reportedly threatened to sell the personal details of 319 million iCloud users has been charged in a London...
After leaving the Trump administration in March, former White House Economic Adviser Gary Cohn will serve in an advisory role for Spring...
Banco Santander will use Ripple's ledger through OnePay FX, expanding XRP's presence. In Singapore, cross-border efforts gain traction as Wallex gets funding.
IBM announced on Monday (Oct. 8) that there is growing adoption of its food supply chain network, IBM Food Trust. The blockchain-based...
Malaysia-based MyEG Services is rolling out a new payroll solution developed on blockchain technology. Reports in The Edge Markets on Friday (Oct....
The end of this month, Oct. 31, 2018, will mark the 10th anniversary of the day that a link to a paper,...
People love mapping apps for three reasons: They completely, and correctly, plot the best route from Point A to Point B. They...
Can blockchain help improve transparency of — and even the ethics surrounding — the gold supply chain? Emergent Technology Holdings helps track...
Lawmakers have their work cut out for them as they take their first steps into regulating the world of blockchain. Everything from...
On the heels of the uptake of its global payments innovation initiative, SWIFT has said it is working with Malaysian banks. Elsewhere in...
Google has decided end its ban on advertising related to digital currencies, CNBC reported. Beginning in October, regulated crypto exchanges will have...