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Goldman Sachs Files Patent Application For Securities Settlement Using Cryptocurrencies

On November 19, the United States Patent & Trademark Office (USPTO) published Goldman, Sachs & Co.’s patent application20150332395 or “Cryptographic Currency For Securities Settlement.”...

ING and Other Top Banks Join R3 to Take the Next Step with Blockchain Technology

Five more banks – ING, BNP Paribas, Wells Fargo, MacQuarie and the Canadian Imperial Bank of Commerce – are joining R3, Reuters reports. R3, now supported by most of the world’s major banks (with notable exceptions in China), represents the first high-profile collaborative project to find out how blockchain technology can be used in finance.

Singapore Prime Minister: “Banks Must Take Advantage of Technologies like Bitcoin”

In a talk given at the United Overseas Bank 80th anniversary dinner held on Thursday, Singapore’s Prime Minister Hsien Loong advised the country’s banks...

Microsoft Launches Ethereum Blockchain as a Service (EBaaS) at Devcon, Boosts Ethereum

RecentlyBitcoin Magazinereported that Microsoft has partnered with Consensys, a blockchain startup focused on Ethereum technology. Through the partnership, customers of Azure, Microsoft’s cloud-based...

Circle’s CEO Jeremy Allaire Defends the Bitcoin Blockchain

Banks, financial service providers, venture capitalists, and even governments, are showing more and more interest in blockchain technology. Venture capital money isflowing into...

Satoshi Nakamoto Nominated for the 2016 Nobel Prize in Economics

Bhagwan Chowdhry, a Professor of Finance at the University of California Los Angeles (UCLA) has nominated Satoshi Nakamoto for the 2016 Nobel Prize in...

Top 4 Reasons Banks Should be Excited About Blockchain

This is a guest post by Senthil Radhakrishnan, the Vice President and Head of Capital Market Solutions Group at Virtusa. Senthil has 16+ years’...

Sweden: The Road Toward a Cashless Society

Since October 2014, the Swedish National Bank, also known as Riksbank has cut its interest rates below zero. That means that for well over...

Winklevoss Twins Announce the Launch of Gemini Bitcoin Exchange

Investors have been watching and waiting for the launch of Gemini, the bitcoin exchange launched by Cameron and Tyler Winklevoss, since it was first...

Australian Startups Close Down as Banks End Support for Bitcoin

Australia’s largest banks have ended all financial support and abruptly closed down the bank accounts of at least 17 Australian Bitcoin companies, including the...
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