BTCManager Logo with clear background. Orange and white font.

BITCOIN PRICE: 6,441.09     HIGH: 6,527.35     LOW: 6,223.92

=
BTCManager.com
advertisement
Next Event

World Blockchain Roadshow 2018 – Asia and Europe • June 28 - August 18, 2018

That is the story of wbrshow.idacb.com — where you will find best investors from most popular areas. We picked up…

Click for more details
advertisement

Tag: banking

Australia: World Bank-Backed Financial Bond Introduced, Blockchain Technology Making Huge Inroads Down Under

Category: Blockchain, Ethereum, Finance, News

Australia: World Bank-Backed Financial Bond Introduced, Blockchain Technology Making Huge Inroads Down Under

The Commonwealth Bank of Australia (CBA) was awarded the rights to issue and operate financial bonds solely powered by blockchain technology, as reported by mortgagebusiness on July 13, 2018. World’s First Blockchain Bond Termed the world’s first bond “created, allocated and managed using blockchain technology,” the CBA holds the distinction of being selected by the World Bank to pilot the…

READ MORE

How Traditional Banks Are Looking to Enter the Crypto Space

Category: Altcoins, Bitcoin, Commentary, Finance, News

How Traditional Banks Are Looking to Enter the Crypto Space

On August 8, 2018, JPMorgan’s Jamie Dimon stated that more banks are considering building businesses to work with the digital currency ecosystem, seeing the emerging space of cryptocurrencies as a blind spot for major financial institutions. A new Generation of Banking Dimon has dithered on his opinion about cryptocurrencies, once calling bitcoin a “fraud” and then walking those statements back….

READ MORE

Zurich Bank Maerki Baumann Opens Accounts to Cryptocurrency Assets

Category: Adoption, Altcoins, Bitcoin, Finance, News, Regulation

Zurich Bank Maerki Baumann Opens Accounts to Cryptocurrency  Assets

Swiss bank Maerki Baumann has become the latest bank in Switzerland to adopt cryptocurrency assets, according to a report published on International Investment on August 6, 2018. Cautious towards Cryptocurrency Based out of Zurich, the bank will currently only accept crypto assets obtained in the form of payments for banking services provided or via mining. The report also mentions that…

READ MORE

Everex partners with Myanmar’s Shwe Bank to Provide Migrants with Blockchain-Based Remittance Services

Category: Blockchain, Business, Finance, News, Regulation

Everex partners with Myanmar’s Shwe Bank to Provide Migrants with Blockchain-Based Remittance Services

On July 31, 2018, Everex and Myanmar’s Shwe Bank announced a partnership to provide a blockchain-based solution to migrants. The deal will pave the way for the introduction of a blockchain-based remittance service that will allow migrants from Myanmar and Thailand to access cheaper remittance services. Remittance Market Overhaul This partnership is poised to introduce a cheaper remittance service to…

READ MORE

China: Prominent Bank Issues $300,000 Loan Using Blockchain Technology

Category: Blockchain, Finance, News

China: Prominent Bank Issues $300,000 Loan Using Blockchain Technology

On July 31, 2018, the Agricultural Bank of China (ABC) revealed it had successfully completed a $300,000 loan using a private blockchain. Loan Issuance Via Blockchain As reported by Chinese outlet Financial News, ABC’s Guizhou bank branch was the facilitator of this development. The bank issued the loan against a piece of agricultural land as collateral. ABC is China’s fourth-largest…

READ MORE

advertisement

CLS, IBM, Citi, Barclays Form Partnership to Launch Blockchain App Store for Banks

Category: Blockchain, Finance, News

CLS, IBM, Citi, Barclays Form Partnership to Launch Blockchain App Store for Banks

A new blockchain-based platform is on the horizon, and it is the result of a cooperation between foreign exchange settlement provider CLS, enterprise software giant IBM, and nine financial institutions, including big names such as Citigroup and Barclays, the companies said in a statement on July 30, 2018. LedgerConnect: Blockchain Platform for Banks This revolutionary platform is LedgerConnect, and it…

READ MORE

Defining Competition in the Upcoming Blockchain and Cryptocurrency Sector

Category: Altcoins, Bitcoin, Blockchain, Commentary, News

Defining Competition in the Upcoming Blockchain and Cryptocurrency Sector

In traditional markets, policymakers began aggressively ousting anticompetitive economic behavior following the rise of John D. Rockefeller and Standard Oil at the turn of the 20th century. Some of these displays have been made highly public, while others have slipped under the radar. Others, however, have toppled entire economies. Nonetheless, nailing down the aspects that keep free markets free is…

READ MORE

Blockchain Technology Could Save the World from Another Global Economic Crisis Says Former JPMorgan Big Shot

Category: Blockchain, Finance, News

Blockchain Technology Could Save the World from Another Global Economic Crisis Says Former JPMorgan Big Shot

While many see nothing good in bitcoin and other cryptocurrencies, many others believe distributed ledger technology (DLT) will revolutionize the world. Pang Huadong, the former vice president of the North American investment banking division at JPMorgan, is one of those people. Huadong, on July 22, 2018, said that blockchain technology might save the world from plunging into another financial crisis,…

READ MORE

Introducing Marble: World’s First DAO Bank Running on Ethereum Blockchain

Category: Altcoins, Blockchain, Ethereum, Finance, News, Tech

Introducing Marble: World’s First DAO Bank Running on Ethereum Blockchain

The world’s first completely decentralized blockchain banking operation made up of only smart contracts has launched on the Ethereum network. The open-source banking platform called Marble was unveiled in a blog post on July 17, 2018. The announcement revealed that Marble would use smart contracts to provide funding to low-risk and provably fair protocols in need of a lender. Marble’s…

READ MORE

Thailand Announces State-Backed “Bond Coin” to Facilitate Faster Security Settlements and Clearance

Category: Blockchain, Finance, News

Thailand Announces State-Backed “Bond Coin” to Facilitate Faster Security Settlements and Clearance

The Thailand government is swiftly taking steps to adopt and implement cryptocurrencies and blockchain technology within its administration. Local reports on July 16, 2018 confirmed that a prominent securities body in Thailand is developing a digital token to facilitate settlement clearing of corporate bonds. Bond Coin to Streamline Current Processes According to The Bangkok Post, the Thai Bond Market Association…

READ MORE

Join our Telegram Channel!