Established in 1754, Columbia University is a private Ivy League research university in Upper Manhattan,
Fan Wenzhong, head of the international department of the China Banking and Insurance Regulatory Commission, has issued a warning on the hype surrounding blockchain technology.
During the 5th FinTech Bund Summit in Shanghai on July 8, Wenzhong said that while blockchain is a significant innovation,
The Reserve Bank of Zimbabwe (RBZ), the country’s central bank, is studying blockchain technology and plans integrate it into the bank’s business processes.
During the Alpha Media Holdings’ Banks and Banking breakfast meeting held in Harare, RBZ governor John Mangudya said the central bank has initiated studies to investigate blockchain and its possible applications.
The UK Financial Conduct Authority (FCA) has announced the 29 firms that were successful in their applications to begin testing in the fourth cohort of the sandbox.
The FCA sandbox, first opened for application in June 2016, allows businesses to test innovative products,
Netherlands-based firm Koopman Logistics has implement IBM’s blockchain technology, making it one of the first automotive transportation companies to implement the technology.
Koopman Logistics provides trucking transportation and logistics services. It offers the transportation of cars and other cargo by truck.
David Schwartz, Ripple’s chief cryptographer, claims that banks are unlikely to use blockchain technology to process cross-border payments for now due to issues around scalability and privacy.
In an interview with Reuters, Schwartz said that while blockchain boosts efficiency and reduces data discrepancies,
Enterprise Ireland, a state-owned economic development agency, has launched a new €750,000 ($885,000 USD) Competitive Start Fund focused on FinTech and deep tech startup companies.
Enterprise Ireland is responsible for the development and funding of the indigenous business sector. Their mission is to accelerate the development of world-class companies to achieve strong positions in global markets resulting in increased national and regional prosperity.
FinTech firm Finex Solutions has integrated blockchain technology into its omni-channel digital banking platform.
Founded by digital banking and IT technology experts, Finex Solutions is a company specializing in innovative digital banking solutions. The company claims that its FINEX Excellence Digital Banking solution enables banks to become market leaders in digital banking.
Business commerce platform Tradeshift has raised $250 million in a Series E funding round. The round was led by Goldman Sachs and the Public Sector Pension Investment Board (PSP Investments). HSBC, H14, GP Bullhound, and Gray Swan, a new venture company established by Tradeshift’s founders,
Chinese media and technology giant Tencent has partnered with the Shenzhen National Taxation Bureau to combat tax fraud using blockchain technology.
Tencent will work with the taxation department to establish an “Intelligent Tax” innovation laboratory focused on promoting technological innovation around taxation processes.