Scotiabank said to test smart contract, blockchain for trade reports
The Canadian bank completed a months-long trial of technology developed by AlphaPoint, the tech startup said. ... Read full article
News Topic: Distributed ledger technology
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Bank blockchain choices may come down to IBM vs. Microsoft
IBM's work with Northern Trust and Hyperledger and Microsoft's alliance with JPMorgan and others show the different approaches the tech giants are taking with the technology. ... Read full article
Corporate boards are on board with blockchain, survey finds
Some say 2017 is a make-or-break year for the recordkeeping technology spawned by bitcoin. According to a survey released Thursday, most executives in financial services and IT are putting their money on "make." ... Read full article
‘Centralized’ blockchain projects are doomed to failure
In time, more large institutions will realize that closed, centralized blockchains aren’t any better than the databases now in use. ... Read full article
Banks should slow down to get blockchain right
Bank consortium R3 CEV, one of the most well-funded blockchain working groups, has endured criticism for its meticulous process. But if blockchains are most valuable with a network effect, maybe forgoing some agility is worth the long while. ... Read full article
Deloitte opens blockchain lab in New York to push for working prototypes
The goal of Deloitte's new blockchain-focused lab in New York is to turn proofs of concepts into real solutions. ... Read full article