Tag: regtech

While there has been a boom in blockchain-related projects and a digital gold rush for tokens, abiding by the law and regulations have become secondary. SmartOne wants to motivate stronger legal and regulatory advice for such projects, which so far are unable to reach global capital markets for investment due to the regulatory and compliance pitfalls. SmartOne will also create…

READ MORE

Professor Philip Treleaven and his renowned financial computer science team at University College London are working on a new project that involves automating financial regulation through the application of blockchain-based smart contract technology. Treleaven and his team are assembling several technology-related components to create what Treleaven has coined core “regtech,” which enables the automation of financial regulation processes such as…

READ MORE

Fund management association Irish Funds announced that, together with financial services consultancy firm Deloitte and several global asset servicing institutions including Deutsche Bank, Metzler, State Street, and Northern Trust, it had completed a proof of concept for a regulatory reporting blockchain called ‘RegChain.’ The proof of concept was built using the Ethereum blockchain and IPFS (InterPlanetary File System) and tested…

READ MORE