Tag: blockchain
Cryptocurrencies and related distributed technologies need a proper ecosystem to become a significant and meaningful part of the finance ecosystem Blockchain, ICOs and digital securities (e.g. cryptocurrencies) have become the new kids on the finance block – and of course opinion is divided. Some believe they will take over the entire finance industry in a […]
News highlights for 16 October 2017 Battery startup taps carbon in race to replace lithium-ion cells DETROIT (Reuters) – In an auto industry race to develop electric vehicle batteries that charge faster and are cheaper and safer than lithium-ion cells, startup Zap&Go will do all that with its carbon-ion alternative ‘within a few years’, a […]
News highlights for 10 August 2017 High expectations for IPOs are causing concern NEW YORK/SAN FRANCISCO (Reuters) – Snap Inc and Blue Apron Holdings Inc’s dismal quarterly reports on Thursday, which sent their shares slumping, join a growing list of technology startups failing to live up to sky-high expectations set ahead of their initial public […]
NEW YORK (Reuters) – U.S. venture capital firms lining up for a slice of the burgeoning digital currency market are grappling with a novel challenge – some of the hottest tech startups that sell the coins just don’t need their money. Only a few years ago, digital currency entrepreneurs, like other Silicon Valley peers, had […]
NEW YORK/LONDON (Reuters) – The London Stock Exchange Group Plc has teamed up with IBM to build a blockchain-based platform to digitally issue private shares of small and medium enterprises in Italy. The platform is being built and tested by Borsa Italiana, the LSEG’s Italian exchange operator, and will seek to make it easier to […]
ZURICH (Reuters) – Wealthy clients of Swiss private bank Falcon will be able to store and trade bitcoin via their cash holdings with the bank from Wednesday, a move that signals the traction the virtual currency is gaining even in slow-changing asset management. The group’s new blockchain asset management service is being offered in partnership […]
Digital Trade Chain: IBM to build blockchain based trade finance platform for Europe’s largest banks. Seven of Europe’s largest banks have awarded IBM the contract for Digital Trade Chain, a blockchain based trade finance platform for SMEs. IBM announced this week that it had been chosen by a consortium of seven of Europe’s largest banks […]
News highlights for 5 June BP and ENI extend are running blockchain trades alongside live trading systems LONDON (Reuters) – Oil majors BP and Eni are deepening their foray into blockchain technology, starting to run blockchain trades in parallel with their live trading systems, according to developer BTL Group. Read more… Trump administration will unveil […]
News highlights for 23 May Blackberry shares rise on security, auto software hopes TORONTO (Reuters) – BlackBerry Ltd’s Toronto-listed shares surged 8.5 percent on Tuesday as investors raised expectations that the technology company’s cyber security and automotive software will post strong growth, an analyst said. Read more… Altice looking at US Wireless market NEW YORK […]
NEW YORK (Reuters) – Toyota Research Institute, a wholly owned unit of Toyota Motor North America, said on Monday it has teamed up with MIT Media lab and five other companies to explore blockchain technology for the development of driverless cars. The project would enable businesses and consumers to securely share data on testing and […]
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