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Sberbank CEO Believes Blockchain Won’t Be Ready For The World For “Three To Five Years”

While enthusiasts love to praise blockchain and all of its potential, it’s no question that the technology still has a ways to go before mainstream adoption. However, it may take a little bit longer than some might expect; or at least, that’s what Herman Gref, CEO of the Russian-based financial service provider, Sberbank, believes. дальше »

2018-10-23 18:02


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IBM and Visa partner to upend global payments using Ethereum tech

Visa has just announced it has partnered with IBM ahead of the commercial release of its blockchain-powered global financial payments platform, B2B Connect. Upon its expected launch in the first quarter of 2019, Visa will have integrated its core assets (including B2B Connect) with the proprietary IBM Blockchain Platform, which IBM built using open-source Ethereum technology. дальше »

2018-10-22 14:40


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SEC to Engage Directly with ICOs and the Public via New Portal

If the blockchain industry had been knocking at the iron-clad gates of the Securities and Exchange Commission, it appears access was just granted. The US’s supreme financial watchdog unveiled the Strategic Hub for Innovation and Financial Technology, or ‘FinHub’, which aims to help streamline the legal affairs of blockchain companies and fintech startups by boiling down […] The post SEC to Engage Directly with ICOs and the Public via New Portal appeared first on CryptoSlate. дальше »

2018-10-20 10:00


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SEC Launches FinHub – A Fintech Portal to Help Blockchain Startups

US regulator the Securities and Exchange Commission (SEC) has launched its dedicated fintech “strategic hub,” commissioner Hester Peirce confirmed October 18. FinHub ‘Here For Fintech’ The platform, known as FinHub, brings together multiple aspects of US regulation with the aim of guiding the nascent financial technology industry as it grows. дальше »

2018-10-19 23:00


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World Payments Report: Public DLT Fails to Meet Financial Market Demands

While the International Word Bank Organization believes that distributed ledger technology (DLT) could fundamentally transform the existing financial sector, the World Payments Report 2018, published on October 16, 2018, concludes DLT cannot keep up with the financial market demands due to many problems and challenges facing DLT adoption. дальше »

2018-10-19 13:00


Distributed Ledger Technology (DLT) Fails to Meet Demands of the Current Financial Market

Although digital payments have seen a massive boom, driven mostly by developing markets the innovation landscape in payments is uncertain as BigTech entrants make their presence felt, and incumbents face technical and regulatory complexity in the development of new collaborative payments ecosystems between themselves and FinTechs. World Payments Report 2018 finds that it will take […] дальше »

2018-10-19 09:42


SEC launches Strategic Hub for innovation and financial technology

On October 18, the U.S. Securities and Exchange Commission (SEC) announced the launch of the agency’s Strategic Hub for Innovation and Financial Technology (FinHub). According to a press release, the FinHub will serve as a resource for public engagement on the SEC’s FinTech-related issues and initiatives, such as blockchain and distributed ledger technology (including digital […] дальше »

2018-10-22 09:23


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SEC Sets Up Open Line of Communication for Fintech Projects With FinHub

The U. S. Securities and Exchange Commission (SEC) has launched a new office to engage with cryptocurrency and blockchain startups. Called the Strategic Hub for Innovation and Financial Technology (FinHub), the division will make it easier for fintech startups to interact with the regulator on related issues and the legal implications of products before they launch them. дальше »

2018-10-19 01:51


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2008 Financial Crisis Predictor Roubini: “Blockchain Is Nothing More than a Glorified Spreadsheet”

In what can only be called a flavored op-ed by “Dr. Doom” Nouriel Roubini, the acclaimed economist showed no mercy while criticizing not only the premier cryptocurrency Bitcoin (BTC) but also the underlying technology that virtually powers all the cryptocurrencies on the planet, blockchain technology. дальше »

2018-10-19 01:00


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SEC создала подразделение для взаимодействия с криптовалютными стартапами

Американская Комиссия по ценным бумагам и биржам (SEC) объявила в четверг, 17 октября, о создании Стратегического хаба по инновациям и финансовым технологиям (FinHub). Целью нового подразделения названа помощь финтех-стартапам, в том числе тем, которые занимаются организацией ICO, в юридических тонкостях при продвижении своих продуктов. дальше »

2018-10-18 22:58


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Russia Central Bank Head: Cryptocurrency Craze Is ‘Fortunately Fading Away’

The head of Russia’s central bank has announced the “cryptocurrency craze” is “starting to fade away” – and that this is a “fortunate” event. Nabiullina: Businesses Taking ‘Sober Approach’ To Blockchain Speaking during the country’s fourth FINOPOLIS innovative financial technology forum in Sochi October 17, Bank of Russia’s Elvira Nabiullina signaled a change in the stance of “businesses” towards technologies such as Blockchain and ICOs. дальше »

2018-10-18 15:00


Ripple Reveals Another Global Financial Institution Using XRP-Powered xRapid

Ripple is building on its success and consolidating itself as the “bridge” between the blockchain ecosystem and traditional fiat money based payment processors. During the Swell Conference, after announcing the public release of xRapid, the Ripple team commented that there were already three important global payment processors already making real use of this technology. дальше »

2018-10-18 02:50


Instant Fiat and Crypto Swaps – How some banks are bridging the gap for users- VICTORIEUM

Cryptocurrency runs on a blockchain technology which is a decentralized platform – unlike Traditional banking sectors. Cryptocurrencies are playing a huge role in day to day financial transactions but the traditional banks are imposing several rules and regulations that are stopping from fiat to cryptocurrency swapping and vice versa. дальше »

2018-10-15 16:22


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Research: Corporations struggle to scale their blockchain solutions

Research from financial market advisory firm Greenwich Associates has found corporations are struggling to deliver on their blockchain promises. Greenwich Associates interviewed 213 companies – that claim to be working on integrating blockchain or distributed ledger technology (DLT) into their business – to establish the challenges they face and why development has been slower than expected. дальше »

2018-10-15 13:50


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How Monero Are Improving Human Rights With XMR

 Listen Here – https://soundcloud. com/cryptodaily/how-monero-are-improving-human-rights-with-xmr Monero is considered to be the privacy coin, the currency of choice for absolute privacy. Now, privacy doesn’t necessarily mean security and we should remember that 2018 has seen a tonne of ‘Monero mining’ hacks, calling into question some of the projects integrity. дальше »

2018-10-12 17:00


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Nigerian Startup Kubitx Launches Bitcoin Exchange in Beta

Kubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday. The platform, which supports seven digital coins for the test, including BCH and BTC, will initially be available to users in Nigeria, before the company expands it to other African countries in the coming months. дальше »

2018-10-12 00:30


SIFMA Conference’s Bank of America Speaker: Blockchain is Years Away from Significant Benefits

Blockchain And AI Are Not Living Up To Expectations – Financial Leaders Apparently, the market is not yet ready for the mainstream adoption of blockchain technology and artificial intelligence. This is the stance adopted by speakers at the SIFMA and Commodity Futures Trading Commission conventions. дальше »

2018-10-11 22:15