The government of the United Kingdom (UK) has unveiled its first FinTech sector strategy. A cryptoassets task force (consisting of Her Majesty’s Treasury, the Bank of England (BoE) and the Financial …
Read More »Airfox using blockchain technology to replace banks in emerging markets
The American startup Airfox represents a new opportunity in banking, especially for those without bank accounts in emerging markets. The service allows users to make purchases and transfer money while …
Read More »FinNext 2018 conference to be held in Moscow on February 15th
FinNext 2018 will be held on February 15, 2018 at the Digital October conference center in Moscow. The event will bring together more than 600 participants and will feature 50 …
Read More »IBM publishes codes to encourage rapid creation of artificial intelligence projects
IBM has published more than 120 code templates in order to quickly launch projects related to artificial intelligence, blockchain, cloud data and other areas. Each template contains a detailed description …
Read More »Lenders should use blockchain for identity verification
A panel discussion of experts on blockchain technology was held during the American Banker’s Digital Lending and Investing conference. During the discussion, the experts concluded that lenders need to start …
Read More »Sberbank and Alfa-Bank make first Russian bank transfer using blockchain technology
Sberbank and Alfa-Bank have made the first banking payment transaction in Russia using blockchain technology. On November 28, 2017, Megafon transferred RUB 1 million from an account with Alfa-Bank to …
Read More »London Blockchain Week 2018
London Blockchain Week 2018 will be held January 19-26, 2018. The event will feature multiple events focused on blockchain, including: Hackathon (January 19-21, 2018) — a challenge that requires participants …
Read More »Five banking areas most likely to be affected by blockchain
Blockchain, the technology underpinning cryptocurrencies such as bitcoin, was initially treated with skepticism by banks; however, blockchain has become the latest buzzword in the financial sector. Here are the five …
Read More »62 Insane Facts about Bitcoin
Created in 2009, Bitcoin is a virtual currency that uses Blockchain technology for secure payments and storing money electronically, without requiring a bank or a person’s name. Because there is …
Read More »Understand what blockchain is and how it works
Blockchain is a shared ledger for recording the history of transactions that cannot be altered. This revolutionary concept is helping reduce errors, frauds and inefficiencies. Check out the infographic below to learn …
Read More »Blockchain in the financial industry: hype or a real opportunity?
The banking industry has traditionally been conservative in nature and extremely cautious with any kind of experimentation; this is especially true regarding blockchain. However, banks are starting to recognize that …
Read More »The state of cryptocurrencies in Kyrgyzstan
With cryptocurrencies increasing in popularity throughout the world, Kyrgyzstan has also started to think about how it will interact with them, both from an official (government-level) sense as well as …
Read More »Blockchain citizenship registration begins in Zug, Switzerland
Uport, a self-sovereign identity and user-centric data platform on the Ethereum blockchain, has made its platform available to the citizens of Zug, Switzerland. Registration on the blockchain, which requires verification …
Read More »Air New Zealand exploring potential blockchain uses
Air New Zealand has partnered with Swiss startup Winding Tree to explore blockchain technology for a number of potential uses, including retail airfares, cargo and baggage tracking, securing information and …
Read More »Mastercard takes blockchain mainstream with API
Mastercard has tested and validated its own blockchain and will be opening access to it via a set of three APIs published on the Mastercard Developers website. The APIs include …
Read More »Russia creates the first blockchain consortium
M.Video (Russia’s largest consumer electronic retailer), Sberbank Factoring and Alfa-Bank have launched an open consortium aimed at the commercial use of blockchain-based technologies in the financial sector. The new platform …
Read More »Blockchain can help root out corruption in Kazakhstan
As blockchain technologies being to enter Kazakhstan in the financial sector, so do ideas for how to implement these tools in other spheres. In the future, it is likely that …
Read More »Kazakhstan may introduce a national cryptocurrency before Russia
Kazakhstan may become the first of all Common Economic Space countries to introduce its own cryptocurrency, which will likely become a digital analogue of the Kazakhstani tenge (KZT). It is …
Read More »The future of HR could be in blockchain technology
Financial operations are the most common application for blockchain technology; however, blockchain can also be used in other situations such as staff recruitment. Currently, relations between companies and employees lack …
Read More »What is the difference between Bitcoin and blockchain?
Learn about the difference between bitcoin and blockchain by watching this short video: Open Banking & Digital Wallets: Transforming Fintech in the MENA Region BFC FinTech Monitor 23th – 30th …
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