[ad_2][ad_1] It's been almost 10 years since Bitcoin was born and, at that time, the major financial institutions have slowly become familiar with blockchain technology and cryptocurrencies. Some have taken the sector faster than others, and some outright have turned their backs on the idea of using or investing in …
Read More »Commonwealth Bank establishes a blockchain bond of 110 million Australian dollars
[ad_2][ad_1] The Commonwealth Bank of Australia (CBA) announced the completion of the world's first bond delivered via blockchain, on behalf of its client, the World Bank. According to CBA, the "$ AUD Kangaroo bond", Blockchain The new debt instrument offered (bond-i), which uses a private block of Ethereum, was created, …
Read More »ASX looks to unleash blockchain technology on the Australian stock market
[ad_2][ad_1] CEO and CEO ASX Dominic Stevens believes that the use of blockchain technology to replace CHESS enable the development of new services and reduce costs by putting at the same time Australia is at the forefront of innovation in the financial markets. The Blockchain technology has hit the Australian …
Read More »Australian apartments use blockchain energy trading to protect residents from price spikes
[ad_2][ad_1] Dive Brief: A solar and storage facility in the Australian residential complex uses blockchain technology to allow residents to exchange energy between themselves, as part of a government-funded sustainable living project. collaborated with Power Ledger to offer residents of their Evermore apartments, located in Western Australia, the opportunity to …
Read More »An Australian blockchain experiment: monitoring global almond shipments
[ad_1] Following a successful test of 2016 on blockchain technology in an open interbank transaction, the Commonwealth Bank of Australia (CBA) has worked with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, in Germany, using a new distributed accounting platform built on …
Read More »Australian millionaire, Fred Schebesta, plans to launch the Cryptocurrency Bank
[ad_2][ad_1] Australian millionaire Fred Schebesta is planning to launch a cryptocurrency bank to capitalize on immense business opportunities in the emerging virtual currency market. Schebesta, the co-founder of Finder.com.au, wants his bank to be the first of its kind in the country. The online comparison magnate also believes that cryptocurrencies …
Read More »OFX's UK electronic money license features relatively slow Australian fintech laws
[ad_1] The ASX listed online exchange service provider ASX will publish a commercial update along with Tuesday's annual general meeting, and is part of its aspirations to be a fintech player on a global scale. A central element of this vision is the ability to expand its range of payment …
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