Blockchain News Center
Healthcare: Can the Blockchain Optimize and Secure It?
The disruptive nature of blockchain technology is easy for people to conceptualize in the field of finance. T+3 interferes in traders being able to maximize earnings – payments shouldn’t take days to process while an email can be sent in seconds. As the first use case in many to come, finance is a perfect use […]
2015: The Year of Blockchain in Review
Throughout 2015, established financial institutions invested into the FinTech space and some of the world’s largest banks divulged they were studying the blockchain. Here are some of the headlines and highlights showing the blockchain’s emergence as one of the year’s most important trends. In March, Goldman Sachs published a report that included Bitcoin and the […]
Blockchain: An Answer to Identity?
While finance is one of the most talked about use cases for the blockchain, it is certainly not the only one. There are plenty of other industries that are ripe for disruption for this new technology, including identity. Matthew Roszak, Founding Partner of Tally Capital, said: “Think about the issues involved with signatures, voting registration, […]
Fintech 2.0: Rebooting Financial Services
In June Santander InnoVentures, the $100 million fintech venture capital fund of Santander Group, Oliver Wyman and Anthemis Group, published a paper titled “The Fintech 2.0 Paper: rebooting financial services.” The paper, presented as “a call to action to banks, financial institutions and financial technology (fintech) businesses to work together to undertake a fundamental ‘reboot’ […]
Using the Blockchain to Track Assets for Proof of Ownership
Counterfeit and stolen goods are a significant problem of global commerce. According to the Economist, “estimates for the total value of fakes sold worldwide each year go as high as $1.8 trillion.” This results in tremendous losses to product owners without even taking into consideration the deceptive loss for consumers. Further, the resale of stolen […]
Needham Insights: The Blockchain Report
Needham & Company, an investment bank and asset management firm, has released an expansive document, The Blockchain Report: Welcome to the Internet of Value. The report explains what the blockchain is, how it can be implemented, applications and growth events, investment opportunities, and many of the top companies in the space. The fundamental point presented […]
What is the Blockchain?
These days it is impossible to read the financial press without often stumbling upon intriguing hints that something called “the blockchain” is going to disruptively revolutionize banking and financial services. So, in this first of a series of introductory articles, we try to explain clearly and simply what blockchain technology is, and why it is […]
Efficiency and Security Among Blockchain Benefits to Insurance Industry
A report released by Long Finance has outlined the possible impact of blockchain technology on insurance. The report claims that blockchain technology applications, many of which are already in development, could have a major impact on identity, globalization, time, mutuality and other insurance industry transactions, by reducing the time and improving the security involved in […]
McKinsey Report Identifies Profit Factors in Blockchains for Capital Markets
“Distributed ledgers, or blockchains, have the potential to dramatically reshape the capital markets industry, with significant impact on business models, reductions in risk and savings of cost and capital.” So reads Beyond the Hype: Blockchains in Capital Markets, a report just released by McKinsey & Company that focuses on ways the blockchain will contribute to […]
Blockchain Identity Solutions: The Key to Irrefutable Data Integrity
Identity is a universal problem inherent in all technology. Be it banking, healthcare, national security, online retailing or walking into a bar, identity authentication and authorization is a process intricately woven into commerce and culture worldwide. And it is often a very cumbersome, time-consuming and costly process. Blockchains change all that. Imagine having a level […]