Bank of England wants next payment system to be blockchain-ready
The Bank of England wants to open its interbank settlement service to blockchain technologies as part of a major revamp of the system.
The Bank of England wants to open its interbank settlement service to blockchain technologies as part of a major revamp of the system.
Much of what you’ve heard about the blockchain revolution is nothing but snake oil and marketing spin. This new technology has been touted as the cure-all for performing secure and trusted transactions. The mere mention of the word blockchain sends fintech and banking execs into frenzy.
IBM is cranking up the security on its cloud-based blockchain service.
Investors in a "smart contract" built on the Ethereum blockchain platform may have lost cryptocurrency worth millions of dollars because they missed a loophole in the contract's fine print.
Security and risk leaders need to fully engage with these technologies, advises Gartner analyst Neil MacDonald.
We’re all used to hype, and we can forgive genuine enthusiasm for shiny new technologies, but many of the claims being made for blockchain are just beyond the pale, writes Steve Wilson of Constellation Research.
Australian entrepreneur Craig Wright is bitcoin creator Satoshi Nakamoto, he claimed on his personal blog and in media interviews on Monday. Within hours, skeptics were pointing to flaws in his claims.
If they delegate primary responsibility, then the next most likely leader is the CIO, reports Gartner
Talk of blockchain technology is everywhere, it seems -- but what is it, and what does it do?
Microsoft has teamed up with a consortium of banks to help develop new methods for using blockchain -- the technology that underpins Bitcoin -- to support financial transactions.
IBM offers a cloud-based service to help businesses set up blockchain networks and test and deploy apps.
Later this year, Nasdaq plans to record stockholders' electronic votes on its own blockchain system for companies listed on its exchange in Estonia. By digitizing the entire process, it expects to speed and simplify the proxy voting process.
This is not surprising given the need for top notch security across the explosion of new payment tools and services now emerging, says Ovum analyst Gilles Ubaghs.
Apple on Wednesday removed Blockchain, the last remaining application in its mobile store for transmitting bitcoins, signaling the continuing uncertainty around the virtual currency.