Tag Archives: banking

[ad_2][ad_1] According to a senior eToro market analyst, the Ripple native token, XRP should not be classified as security. In addition to this, Mati Greenspan said that the community for the third largest cryptocurrency was counterproductive for the banking sector's adoption through their behavior. Greenspan was asked about his token, …

[ad_2][ad_1] The European Banking Authority (EBA) has recommended further research on cryptocurrency and will carry out "a series of actions" relating to the sector in 2019. The agency stated it in its latest report published on 9 January. In the document, which focuses on the applicability and the suitability of …

[ad_2][ad_1] The banking sector sees great potential in blockchain technology to overcome current problems such as fraud prevention, secure transactions and loss of customer data. The blockchain is a distributed ledger that stores data from each transaction in an encrypted form and the stored data is immutable but can be …

[ad_2][ad_1] The Chinese Banking Association (CBA) has begun to use the interbank commercial and financial blockchain platform, designed to standardize and digitize information on interbank transactions. The CBA says that technology also serves to "create an important base for a new commercial finance ecosystem and improve the efficiency of financial …

[ad_2][ad_1] The digital money known as XRP finished 2018 as the second most valuable cryptocurrency after Bitcoin, and its boosters believe it will be a key part of the world's banking system. But there's a catch: It's still not clear what XRP is for. On Tuesday, the company Ripple – …

[ad_2][ad_1] When blockchain technology burst into the scene, its capacity was not known to many industries but only to the financial industry. Even though the technology was new, entities in the finance world knew that there was a revolution coming up with Blockchain technology like the mind. The arrival of …

[ad_2][ad_1] The Chinese self-regulating banking organization China Banking Association (CBA) will launch a blockchain-based platform to improve efficiency across the industry, participants confirmed in a statement on December 29th. The project, which has been dubbed "Trade Interbank Blockchain Platform of China Trade Finance", aims to use the blockchain to finance …

[ad_2][ad_1] Moving to greener pastures – Lamassu moves to Switzerland Many governments around the world, led by the United States, are moving to regulate the cryptocurrency sector. Switzerland, however, welcomes innovation in this space friendly policies and regulations. Several cryptocurrency companies have already moved to Switzerland and Bitcoin ATM manufacturers …

[ad_2][ad_1] Blockchain-as-a-Service market (BaaS) – Analysis of the global sector, dimensions, share, growth, trends and forecasts 2018 – 2026 This press release was originally distributed by SBWire Albany, NY – (SBWIRE) – 01/02/2019 – Blockchain as a service (BaaS) allows companies to use cloud services for the creation, hosting and …

[ad_2][ad_1] ING Group, the Dutch multinational banking and financial services company, is optimistic about blockchain technology and the innovations it presents to commerce and raw materials. The group is focusing on and awaiting blockchain-based initiatives in various sectors including energy, crude oil, soybeans, metals and mines in 2019. They have …