China Construction Bank Asia (CCB Asia) and IBM have developed the first blockchain-based bancassurance project in Hong Kong. The solution is designed to enhance customer experience and the quality of services delivered through faster transaction processing time and increased transparency.
Swisscom, a state-owned telecommunications provider in Switzerland, has established a new subsidiary focused on blockchain.
The new blockchain unit called “Swisscom Blockchain Ltd” will focus on a range of services around the blockchain technology. These include enterprise-facing solutions as well as support for companies looking to launch initial coin offerings (ICOs).
The Financial Commission is an independent self-regulatory organization and external dispute resolution (EDR) body, that is dedicated specifically to forex.
Financial services company SEI is teaming up with London-based blockchain company Coinfirm to develop a blockchain solution that will significantly reshape the UK’s asset transfer market. The initiative is part of a global push by SEI to utilize blockchain and other technologies for the benefit of the company’s clients.
Blockchain personal finance platform Wirex has developed a multi asset off-chain liquidity network to enable low cost instant payments on a global scale.
Called W-Pay, the service was developed to provide merchants, liquidity providers, small businesses and trading platforms with instant global multi-currency payment solutions.
Electronic dance musician and hip-hop artist Gramatik plans to “tokenize” his intellectual property and other rights through an initial coin offering via SingularDTV.
The Lowtemp Recordings artist will launch his GRMTK token offering during his upcoming European tour, which starts Oct. 13 in Luxembourg.
We’ve apparently entered one of those market lulls in cryptocurrency, as prices remained basically unchanged on Wednesday for all but a few favored cryptocurrencies.
Legacy bitcoin (BTC) was just under the $4,000 mark, standing at $3,997 at mid-day, up under one percent in single-coin pricing.
Grid+ is an energy sharing network that empowers energy consumers to become their own “utility” by selling surplus solar or battery power to those who need it. The company has already sold 45 million tokens in its pre-sale, and will hold its public sale on October 30.
E-Coin is no cryptocurrency, according to Swiss officials. The regulators have shut-down a bogus crypto called “E-Coin” that generated $4.2 million (4 million Swiss francs) in revenue for its creators.
The Financial Market Supervisory Authority of Switzerland (FINMA) closed down the site after discovering it didn’t have the required banking license.
Dan Colman and Brian Rast have been named “ambassadors” to the blockchain-based Virtue Poker gaming site.
The duo, both well-known online poker players, are joining to help raise awareness of the game and make the site’s poker room more intuitive. The platform is scheduled to launch next year and is based on the ethereum blockchain.