Indian Central Bank’s Research Arm Explores Blockchain Applications

Indian Central Bank’s Research Arm Explores Blockchain Applications Financial institutions worldwide are exploring the benefits promised by blockchain technology. The research is moving beyond the hypothetical stage to proof of concept and planning. The Institute for Development and Research in Banking Technology (IDRBT) established by the Reserve Bank of India – India’s central bank – recently…

Microsoft Announces Availability of R3’s Corda Blockchain Platform on Azure

Microsoft Announces Availability of R3’s Corda Blockchain Platform on Azure R3’s blockchain software Corda, developed by the Fintech startup alongside 70 of the world’s biggest banks forming the R3 consortium, is now available on Microsoft’s cloud computing platform, Azure. Announced quietly last week, the revelation comes soon after Corda’s code was contributed to the Linux…

Report: Hong Kong Banks Should Explore Blockchain Tech Despite Regulatory Hurdles

Report: Hong Kong Banks Should Explore Blockchain Tech Despite Regulatory Hurdles The FinTech market, particularly with blockchain technologies, is expected to flourish in Hong Kong in 2017 due to increased cooperation between Fintech and financial services firms, a KPMG report has claimed. In its “Hong Kong Banking Outlook 2017” [PDF] report, the services giant cites…

South African Fintech Firm to Launch Blockchain-based Identity Verification in 2017

South African Fintech Firm to Launch Blockchain-based Identity Verification in 2017 South African fintech company ThisIsMe (TIM), which focuses on identity verification, has announced that it will be adding blockchain technology to boost its services and is expected to go live in 2017. More companies are turning their attention to bitcoin’s underlying distributed ledger, the…

Tech, Media & Telecom More Aggressive Blockchain Investors than Financial Services

Tech, Media & Telecom More Aggressive Blockchain Investors than Financial Services When Bitcoin first became popular, much mainstream coverage focused on its illicit uses. Then a revolution in thought led people to understand the less sinister benefits of Bitcoin, and namely its underlying technology, the blockchain. Many experts suppose blockchain could revolutionize numerous industries, with…