3 keys to understanding blockchain
Payments Dive
SEPTEMBER 11, 2020
Blockchain technology can be very difficult to understand, but it doesn't have to be. You just have to grasp three basic key facts.
This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Payments Dive
SEPTEMBER 11, 2020
Blockchain technology can be very difficult to understand, but it doesn't have to be. You just have to grasp three basic key facts.
Payments Dive
JANUARY 21, 2020
Blockchain technology can provide excellent tools for supply chain management. Former Coca-Cola executive Kraig Adams talks about how he got involved with blockchain technology and how it will transform supply chain management.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Chris Skinner
MARCH 28, 2019
I used to blog about blockchain and distributed ledger technology (DLT) almost once a week … four years ago. I guess it just shows what’s top of mind and what’s not at any time in FinTech and, right now, blockchain is not … The post Blockchain is dead appeared first on Chris Skinner's blog.
Accenture
JANUARY 8, 2021
The post CBDC and Technology: Enabling blockchain to drive change appeared first on Accenture Banking Blog. CBDC tokens can exhibit features akin to those of a bearer instrument—such as a bank note—encapsulating all of the properties needed to assign value,….
Advertisement
From improving customer relationships and tips to getting started with new technology from blockchain to NFTs, we’ll help you understand how to turn customer data into smarter action. This eBook offers strategies for connecting with your customers in a changing digital landscape.
Chris Skinner
AUGUST 28, 2019
I often say that blockchain is one of the most complex areas, combining all we don’t know about technology with all we don’t understand about finance. Some things that claim to be blockchain don’t use blockchains, and some blockchains claim not … The post Who needs a blockchain?
Bank Innovation
APRIL 7, 2017
Blockchain Capital, the first venture capital firm to focus exclusively on DLT technology is offering digital tokens that represent a stake in the firm’s third fund. The tokens are held on the Ethereum blockchain […].
Bank Innovation
OCTOBER 5, 2016
Some words that should no longer surprise you, because this technology is only growing stronger: in blockchain news, there’s a new player on the block… chain. Doing it, moving on: Blockchain-for-data company Factom Inc. has just raised $4.2M in a Series A, in a round of eleven investors—plus or minus Read More.
Chris Skinner
MARCH 7, 2018
I recently wrote an article for Bloomberg’s Business Week, and thought it worth sharing with y’all here: What’s next for blockchain? Everyone got very excited a few years ago about blockchain technologies, the ledger system that was spawned by the arrival of bitcoin in 2009.
Chris Skinner
AUGUST 14, 2018
I haven’t written about blockchain for a while. I’m not bored of the promise of blockchain and distributed ledger technologies. Just bored of how much hype there has been and of so many companies claiming to have the latest blockchain breakthrough. … The post Do we need a blockchain?
Payments Dive
MAY 30, 2017
With new technologies, it takes a while for regulation to catch up. Blockchain technology is no exception. While we are slowly beginning to see standards emerge, the reputation of blockchain is still marred by the criminal aspects of bitcoin.
Bank Innovation
DECEMBER 29, 2016
Patent filings for blockchain technology have more than tripled since 2014; this spike includes patents filed by cryptocurrency exchanges such as Coinbase, payment processors like Mastercard, and banks like Goldman Sachs and the Bank of America.
Bank Innovation
NOVEMBER 11, 2016
Blockchain is at a bit of a critical point, because it’s running up against the one universal enemy all new technologies have to face eventually: reality. In reality, how will banks use the blockchain? “To To do the real thing, it takes time, effort and expertise,” says Alex Wolff, head of Read More.
Payments Dive
JUNE 11, 2019
Giants in retail, banking and the Web are rapidly adopting blockchain technologies. But, will these companies such as Google and Facebook truly dominate blockchain?
Bank Innovation
JUNE 23, 2017
Its subsidiary, BNP Paribas Securities Services — a global custodian and securities services provider — received a third of that sum in order to explore emerging technologies, such as blockchain, AI, and […].
Bank Innovation
OCTOBER 4, 2016
So much has happened with blockchain over the past couple of weeks—so very much—but let’s talk about the banks: Firstly, Bank of America is the latest to join the ranks of financial institutions experimenting with blockchain. Bank of America Merrill Lynch recently announced at Sibos that it was collaborating with Read More.
PYMNTS
MAY 20, 2020
Is now the prime time for blockchain ? As COVID-19 has disrupted supply chains worldwide, Brian Behlendorf , executive director of Hyperledger , told Karen Webster that the pandemic has spurred a shift in thinking about new use cases for permissioned blockchains. The Emerging Use Cases.
Payments Dive
APRIL 20, 2017
Major financial institutions such as JP Morgan are finishing up blockchain technology pilot tests and other businesses are starting to jump on board, as well. But is blockchain tech worth the hype?
Bank Innovation
OCTOBER 13, 2017
SWIFT has dubbed its blockchain projects successful, according to a report published today regarding its proof-of-concept with the technology. The inter-bank network’s proof-of-concept, announced back in January 2017, was aimed at testing whether blockchain could be used for more efficient international transactions.
Bank Innovation
MARCH 8, 2017
— Blockchain – or the distributed ledger technology – is rushing out of test labs, and into real-life applications. Experts foresee that blockchain will take over money transfers, and will […]. SAN JOSE, Calif.
Bank Innovation
FEBRUARY 22, 2017
Hyperledger Project – the cross-industry effort for the advancement of blockchain technology – enlisted a new member, but it’s not your usual bank or tech firm this time. Daimler AG — the parent company of Mercedes Benz — joined the project yesterday as a “Premier” member to “collaborate with a Read More.
Bank Innovation
MARCH 9, 2017
2016 was a big year for Blockchain. The hype around Blockchain was palpable, and we saw news from all around the world about various initiatives picking up steam. While this entry is not meant to provide a comprehensive state of *all* of the consortiums out there, I am attempting to capture the ones that seem […].
Bank Innovation
JUNE 27, 2018
Blockchain‘s future in banking is bright, but right now, the industry is not prepared to take advantage of what the technology offers, according to a new McKinsey report on blockchain’s viability across various industries.
Chris Skinner
SEPTEMBER 6, 2017
You and I probably think it’s just that once a year renewal … The post InsurTech’s big ticket items: machine learning on the blockchain appeared first on Chris Skinner's blog. There are lots of interesting nuances in insurance.
Chris Skinner
JULY 4, 2018
Conservative MP Eddie Hughes has just written a 36-page white paper extolling the benefits of blockchain for Britain, which was published yesterday Unlocking Blockchain: Embracing new technologies to drive efficiency and empower the citizen, by FREER.
Bank Innovation
MARCH 29, 2018
Blockchain technology has been talked about in banking for so long that readers here can be excused for being a bit jaded on the subject. The technology has been touted as solving just about every problem bankers face, but as Adam Ludwin, CEO of Chain, told us in San Francisco at Bank Innovation 2018 earlier.Read More.
PYMNTS
MAY 18, 2020
Japan-based credit card and payment firm JCB has announced a partnership with tech startup accelerator TECHFUND to explore the idea of a payment system with blockchain options, the company said on Friday (May 15). TECHFUND isn’t new to the blockchain sphere, having explored helping entrepreneurs with service token offerings in the past.
Chris Skinner
JANUARY 7, 2018
In mid-December 2017, the UK’s Financial Conduct Authority (FCA) published a really interesting 32-page paper on Distributed Ledger Technology (DLT). appeared first on Chris Skinner's blog.
Chris Skinner
SEPTEMBER 20, 2018
I just saw a report from the World Economic Forum, who estimate that over $1 trillion in new trade will be created through blockchain-based distributed ledger technologies (DLT) over the next decade. trillion will be generated by blockchain trade appeared first on Chris Skinner's blog. Bold claims.
Bank Innovation
AUGUST 23, 2017
billion, is China’s largest private investment conglomerate, has confirmed that it has invested “tens of millions of yuan,” or multi-millions of US dollars, into a Shanghai-based startup responsible for a local blockchain technology platform. A representative of Fosun Group, which, at $13.1 In addition […].
Chris Skinner
MARCH 7, 2017
Their Committee on Payments and Market Infrastructures released Distributed ledger technology in payment, clearing and settlement: an analytical framework last week, and I just read it. DLT could reduce the traditional reliance on a central ledger managed by a trusted entity for holding and transferring funds and other financial assets.
Bank Innovation
AUGUST 30, 2017
The Russian state-owned bank, Vnesheconombank will open a special research center focused on blockchain in September. The center will be based at the National University of Science and Technology in Moscow. The launch of the center came at the request of President Vladimir Putin, according to reports.
PYMNTS
SEPTEMBER 14, 2020
Standard Chartered has announced the completion of the first cross-bank Letter of Credit (LC) transaction over blockchain, between Vietnam and Thailand, according to a report from FinanceFeeds. It was completed over the blockchain-based Contour network, which is an open industry platform and focused on digitizing trade finance.
Bank Innovation
JUNE 9, 2017
Blockchain investors are more interested in ICOs, or initial coin offerings, than traditional investment models, according to data from the Coindesk first quarter 2017 State of the Blockchain Report released this week. In the first quarter, money raised for blockchain projects via ICOs accounted for a third of the […].
Chris Skinner
MARCH 26, 2018
I’ve been flying around a bit and was lucky enough to find myself onstage the other day, chairing the Ant Financial Technology Forum at Money20/20 Singapore.
PYMNTS
FEBRUARY 28, 2020
To explore the positive impacts of blockchain on small businesses, the U.S. The “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses” hearing will be held on March 4 at 11:30 a.m. House of Representatives Committee on Small Business plans to hold a hearing next week.
Bank Innovation
DECEMBER 11, 2017
EXCLUSIVE- Blockchain technology and digital loans will continue to grow in 2018 as banks continue to work on their cybersecurity in the coming year, software provider Mitek predicts. It’s just logical that given the extent of recent data breaches, that we’re going to see more of the same.
PYMNTS
APRIL 1, 2020
And it could be one of the killer apps for blockchain. “We That will be possible due to two features of blockchain. Because it is essentially a digital ledger, every element of an agreement between a food supplier and vendor is captured on blockchain and cannot be amended without the express consent of both parties.
Perficient
MARCH 17, 2023
Blockchain Is A Permanent Record In the last series of articles published by members of Perficient’s Digital Assets Team, we wrote about the improved visibility of blockchain-based supply chains assisting all supply chain transaction partners to share data through permission-based Blockchain solutions.
Bank Innovation
MARCH 7, 2018
EXCLUSIVE–The potential use cases of blockchain technology in banking continue to captivate bankers, but topics like cryptocurrency and Initial Coin Offerings, or ICOs, may be losing a bit of their edge. This is according to a panel on the subject during Bank Innovation 2018, which wrapped up yesterday in San Francisco.
Bank Innovation
NOVEMBER 30, 2017
The underlying technology that powers digital currency remains more interesting to the Federal Reserve than the development of digital currency, according to comments made by John Williams, president of the San Francisco Federal Reserve Bank.
PYMNTS
MAY 22, 2020
It’s a tall order, Overstock CEO Jonathan Johnson told Karen Webster in a recent digital discussion, but the power of blockchain can be critical in addressing it. The consumer chooses to access their health record via a blockchain transaction, then chooses which businesses they wish to share information with, he said.
PYMNTS
FEBRUARY 7, 2020
It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology still has a lot to offer venture capitalists. blockchain startup Envoy will be used to bolster its supply chain and trade finance platform, the company told PYMNTS in an emailed announcement.
Chris Skinner
MARCH 1, 2020
Big data, blockchain, bilateral. I’m tempted to write the ABC of technology buzzwords, but know there cannot be any that start with X or Z*. We have a lot of them. Artificial, autonomous, augmented. Crypto, currency, consensus. Distributed, decentralised, democratised.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content