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Blockchain Nation Miami • April 25-26, 2018

Blockchain Nation Conference an event organized by Crypto World Journal provides a unique platform to learn about the latest trends,…

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Tag: banks

IBM Trials Blockchain Powered Trade Finance Platform with International Banks

Category: Blockchain, Business, Commentary, Finance, News, Tech

IBM Trials Blockchain Powered Trade Finance Platform with International Banks

IBM announced that its blockchain technology-based trade finance platform, Batavia, has successfully passed its first set of live transactions on the network on April 19, 2018. The purpose of the platform is to be able to “track and trace key events in the supply chain” as well as use IoT devices to log details about the “location and condition of…

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Manager of Bank of International Settlements Adds Voice to Cryptocurrency Condemnation

Category: Bitcoin, Commentary, Finance, News, Regulation

Manager of Bank of International Settlements Adds Voice to Cryptocurrency Condemnation

Economist Agustin Carstens, the general manager of the Bank of International Settlements, voiced a low opinion of cryptocurrencies in his first public speech since his appointment in December. He called on authorities to clamp down before they become further entrenched in the international financial system. Speculative Mania, not a Currency Speaking at Goethe University in Frankfurt, Carstens expressed his opinion…

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Banks Should Take it Slow and Steady in the Blockchain Race

Category: Business, Finance, News, Tech

Banks Should Take it Slow and Steady in the Blockchain Race

Banks and financial institutions are rushing the development and implementation of blockchain technology. Some banks have entered into a blockchain patent war, obtaining as many licenses and rights to certain blockchain solutions, as covered by BTCManager in early January. However, some analysts including Steve Wilson at Constellation Research believe banks must slow down and cautiously approach the development of blockchain-based…

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