Blockchain Platform Corda Selected By Insurance Group B3i For Upcoming Products

Announcements, Blockchain | June 18, 2018 By:

The Blockchain Insurance Industry Initiative (B3i) has announced that it will be using R3‘s Corda blockchain platform to build its upcoming products.

Founded in 2016, the B3i is a collaboration of 15 global insurers and reinsurers formed to explore the potential of using distributed ledger technologies (DLT) within the industry for the benefit of all stakeholders in the value chain.

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Singapore Aims To Promote Blockchain In Southeast Asia

Blockchain, News | April 11, 2018 By:

Singapore’s finance minister Heng Swee Keat said that blockchain technology has the potential to promote financial inclusion in Southeast Asian countries.

Speaking at the 22nd ASEAN Finance Ministers’ Meeting, the finance minister addressed the existing initiative of Singapore’s active blockchain development plans. He said that they will support digital innovations such as financial technology.

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Blockchain Can Be Used To Regulate Cryptocurrencies – IMF Chief Lagarde

Blockchain, News, Regulation | March 14, 2018 By:

Christine Lagarde, the head of the International Monetary Fund (IMF), said the technology behind cryptocurrencies could also be used to regulate them.

In an IMF blog post on Tuesday, Lagarde said that she believes regulators can use blockchain technology to regulate bitcoin and other cryptocurrencies and prevent them from being used in connection with money laundering and other financial crimes.

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