Distributed Ledger - Best Innovation Group

As Featured on Finextra.com

ISO preps blockchain standards

Blockchain technology holds immense promise to revolutionize financial transactions – and with it, improve a whole host of things from financial inclusion to efficiencies in government, health and all areas of business.

 

As Featured on AmericanBanker.com

Banks pour $107M into blockchain consortium R3

R3, the bank consortium that’s building a distributed ledger specifically for financial institutions, received its first wave of funding Tuesday morning — a cool $107 million from 40 of its backers. The money should give a boost to R3, which has suffered several defections in recent months. JPMorgan Chase, Goldman Sachs, Banco Santander, Morgan Stanley and National Australia Bank have pulled out of the group.

As Featured on CoinDesk.com

Credit Unions Seek to Become First to Market With Banking Blockchain

The credit union industry is following the lead of hackers and thieves, according to Jeff Johnson, chief information officer at Illinois-based Baxter Credit Union (BCU). "This is going to sound strange," he said. "[But] criminals, no matter how much you hate them, are really smart people. They take the path of least resistance." In his mind, if it’s working for international payments on the black market, there has to be a way to leverage the technology for above-board use that is just as robust, anonymous and secure.

 

As Featured on CUtimes.com

CU Ledger Could Save Costs, Enhance Banking

CU Ledger, a proof-of-concept project based on distributed ledger technology and led by CUNA and the Mountain West Credit Union Association, was designed to prepare credit unions for the future.

 

As Featured on Credit Union Journal

Credit unions look to blockchain to solve digital identity crisis
Identity is a tricky thing, for financial institutions as for philosophers. Banks and credit unions spend an inordinate amount of time learning who their customers are, verifying that they are who they say they are and proving to regulators that they know with whom they are doing business.

As Featured on CoinDesk.com

Major Credit Unions Will Unveil New Blockchain Tech Next Week

A blockchain initiative backed by dozens of US credit unions is set to give a live demonstration next week.

RSS
12345678910Last

Join Our Mailing List

  • Keep up to date with what's happening in the FinTech world. Subscribe to our mailing list to receive timely updates on current financial technology and trends via industry news articles, blogs by industry experts and of course, the BigCast with John Best!

Echo_Dec_Right