The Race Towards Truly Anonymous Cryptocurrency Is On

The Race Towards Truly Anonymous Cryptocurrency Is On Anonymous cryptocurrency is in demand, and there are concerted efforts on multiple fronts to make it a reality. For instance, the privacy-centric alternative cryptocurrency, Monero, has enjoyed monumental price gains as understanding about Bitcoin blockchain transparency has become better understood. The digital currency uses an amended version…

Deloitte: Pro Audit Standards “Benefit Blockchain Principles”

Deloitte: Pro Audit Standards “Benefit Blockchain Principles” Global consultants Deloitte have announced the successful completion of their latest test project which brings “professional audit standards to Blockchain transactions.” In a release earlier on Tuesday, the firm stated that it wanted to “enhance the utility and trust of a permissioned Blockchain system” through the application of…

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…