The world’s richest man is arguing for taxing and slowing automation. Robots are taking human jobs. But Bill Gates believes that governments should tax companies’ use of them, as a way to at least temporarily slow the spread of automation and to fund other types of employment. It’s a striking position from the world’s richest […]
KBC, Natixis, Rabobank, Société Générale and UniCredit also signed a Memorandum of Understanding in Brussels. Seven large banks are collaborating on a blockchain-based trade finance and supply chain platform called Digital Trade Chain (DTC), which aims to make domestic and cross-border commerce easier for European small and medium-sized enterprises (SME). Deutsche Bank, HSBC, KBC, Natixis, […]
CX Solutions & Services Investment Report 2017
We unveil a new technology for secure, high throughput, low latency Bitcoin transactions using secure hardware, on the current Bitcoin network. Bitcoin suffers from a fundamental limit on how far it can scale. While the number of transactions sent per day has been growing exponentially since Bitcoin’s inception, the number of transactions the system can […]
The United Arab Emirates is ramping up blockchain development in a bid to become, by 2020, a leading center for innovation and the first government in the world to execute all of its transactions on a blockchain. The move seeks to cut an estimated 100 million paper transactions annually and reduce the 25 million hours […]
France’s central bank quietly released new details about its work with blockchain last week. The Banque de France said on Friday that it had tested the tech for hypothetical use in the management of SEPA Credit Identifiers, or identification markers used to establish the identity of creditors within the Single Euro Payments Area. The trial […]
R3 is a financial innovation enterprise that aims to design and deliver distributed ledger technologies to global markets. They lead a consortium partnership of over 50 of the world’s top financial institutions. Through collaboration with their partner research centers, they’re working to test blockchain technologies and their applications towards developing a global financial-grade ledger. Along […]
Over 100 migrant workers transferred money instantly over blockchain to their homes in Myanmar in the last months. It marks a successful pilot test for Everex, a company aiming to give financial access to the world’s huge “Bottom of the Pyramid” (BOP) population. Overall, average transaction took less than a minute and recorded savings of […]
Some financial gurus are convinced that blockchain (the underlying tech behind bitcoin) is the future of business, and they might already have some proof. The Commonwealth Bank of Australia and Wells Fargo have conducted the first international, inter-bank trade deal to use blockchain for the transaction. It was a relatively modest experiment that shipped $35,000 […]
After a stock analyst lost $1 million on one penny stock, he set off to find out how — and soon discovered signs of a far bigger scheme than he had ever imagined. Quelle: theintercept | The Money Is Gone Chris DiIorio had just lost a million dollars. This was back in 2006. DiIorio, who […]