Week Ending January 20, 2017
Three things to know
The protection and safe-keeping of your personal financial data is an important issue. To date, based on the frequency of theft of sensitive consumer financial information, it seems fair to say the current methods are inadequate. Even as online purchasing has soared, the methods of protecting financial information have lagged. Is Blockchain the solution to protecting consumer financial information? The article lays out a solid case why online retailers and companies that have databases of customer information should be seriously considering Blockchain for cyber security. The Blockchain: Ending Data Hacks
Toyota Financial Services was the first auto financier join R3, as it quickly recognized the value of using Blockchain in auto finance. Toyota believes that Blockchain will increase transparency, increase efficiency, and lower costs. Blockchain can deliver those benefits and more, including VIN tracking and ownership verification. The benefits are clear, though adoption is slow. These same benefits would also improve the auto insurance industry. Perhaps the next collaboration will be among auto lenders and auto insurers. We’ll see. How is Blockchain set to revolutionize the auto finance industry?
This week the Financial Industry Regulatory Authority (FINRA) published a paper that takes steps toward helping companies that are implementing Blockchain to understand the potential regulatory implications. The paper highlights considerations of implementing Blockchain, covers a long list of possible uses, and for each poses a set of questions that can be asked. FINRA is seeking comments on the considerations, which may be submitted through the end of 1Q17. FINRA Seeks Comment on New Report on the Potential Implications of Blockchain
Weekly Blockchain
Financial Services
7 regulatory challenges facing blockchain
Blockchain could save investment banks up to $12 billion a year: Accenture
Fintech Steemit Migrating Servers to Amazon Unveils Ambitious Blockchain Roadmap
Major banks develop small business blockchain solution
Blockchain: Securities market infrastructure players in the contra-…
Here’s how banks can save big with blockchain
Seven Major Banks Collaborate on a Blockchain-Based Trade Finance Project
Healthcare
Top 5 Medtech Trend Predictions for 2017
7 Healthcare Trends For 2017
How AI and blockchain are driving precision medicine in 2017
IBM Watson Health Announces Collaboration to Study the Use of Blockchain Technology for …
Bringing Moore’s Law to US healthcare – huge IT opportunities
How Patientory uses blockchain to keep data secure and help connect patients
Energy
Mercuria introduces blockchain to oil trade with ING, SocGen
Global
Government urged to test blockchain’s potential
Sources: Deutsche Bank Joins Venture to Offer Blockchain Products
Brexit Blues: Why Dublin is Turning into a Haven for Blockchain
Blockchain To Run Welfare Show, Finland May Set Example
Reserve Bank of India Successfully Tests Blockchain Technology
China Ledger White Paper Outlines Industry Blockchain Standards
Blockchain could be coming to Alipay
Blockchain Payments Platform OKLink Launches in Vietnam
China’s Biggest Blockchain Startup Will Release New Tech in 2017
Blockchain Could Help the Middle East Leapfrog into the Digital Age
Government
Democratizing data: why the public sector is banking on blockchain
Homeland Security to Use Blockchain in Tracking Goods & People Globally
FTC’s Fintech Forum to Focus on Blockchain Technology
Uses and Applications
Blockchain Use Cases – From Trump to Shakira!
Waves Platform Implements New Blockchain Scalability Approaches
6 Incredible Smart Data for Blockchain Smart Contracts
Patent – A System for Exchanging Value Across Various Cryptocurrency Blockchains
Blockchain and IoT – Re-architecting core and edges
Cryptocurrency specialists Blockchain and Imperial College London launch Digital Asset Research …
WISeKey and Lykke to Integrate Cybersecurity into Blockchain Applications
Thought Leadership
Why Blockchain Will Trump Populism
The Blockchain Matters More than the President
The DTCC, SWIFT and Blockchain’s 2017 Tipping Point
Blockchain Technology: What Will Be Its Biggest Bang?
The Blockchain ‘Bullies’: Truth, Trolling and Bitcoin Uncensored’s Big Short
Op-Ed: Blockchain – Innocent Until Proven Guilty
‘Blockchain’ May Fail Banks, But Open Software Won’t
Don Tapscott Predicts “Blockchain Davos” at World Economic Forum
Let’s Talk Smart Contracts as Blockchain Technology Lab Opens in NYC
Blockchain: what is it and what does it mean for development?
Seven Industries That Blockchain Will Disrupt in 2017
University of Pennsylvania: Blockchain’s Biggest Challenge is Security
The One Industry That Stands to Gain the Most from Blockchain?
The Blockchain is Still Waiting for Its Web. Here is a Blueprint
Blockchain: cheap, fast and accurate (but consumes a huge amount of energy)
How to Invest in The Institutional Revolution of Blockchain
Demystifying Blockchain
Blockchain Transformations at Davos
WISeKey Cybersecurity Davos Roundtable Debates “Blockchain” and Launches the First IoT Book