Tag "blockchain technology"

Vietnamese Startups, Entrepreneurs Warm Up To ICOs

Initial coin offerings (ICOs) have become the preferred fundraising method for players in the cryptocurrency and blockchain space, enabling entrepreneurs and projects to raise over US$2 billion in 2017 alone. While ICOs have proven to be a successful way for

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Blockchain’s Legal Conundrums

R3’s director of research Antony Lewis believes banks using blockchain for data sharing require stronger privacy regulations and guidelines. As the author of the paper Blockchains and Laws, written in collaboration with Baker McKenzie, the Singapore-based Lewis said in his

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Interview with the Co-Founder of Maecenas, a Blockchain-Powered Marketplace for Fine Art

Founded in early 2016, Maecenas is set to launch the world’s first blockchain-powered investment platform for fine art, bringing together collectors who want to raise funds, and investors looking for exposure to the art market. The platform promises to allow

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China’s Fintech Sector to Enter New Era

While China’s fintech industry had been mostly driven by the “fin” component, the importance of the “tech” component will come to the fore in the future, according to management consulting firm Oliver Wyman. With the ongoing integration of fintech into

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Blockchain Use Cases in Financial Services

Blockchain has become a buzzword in the financial services industry, attracting billions in venture capital investment from some of the largest firms across the financial services landscape. Originally developed as the technology underlying Bitcoin, blockchain has quickly risen to fame

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Blockchain to Bring Financial Inclusion, Provide Low-Cost Financial Services

Blockchain technology has the potential to bring financial inclusion to the world’s 2 billion unbanked by providing low-cost banking and financial services, reducing risk and enhancing financial innovation. Blockchain technology refers to a protocol that allows peer-to-peer transfer of assets

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Blockchain Startup Bluzelle Eyes New Blockchain Markets With KPMG Digital Village Partnership

Bluzelle Networks, a Singaporean company specializing in blockchain applications for the financial services industry, has been named as an Emerging Star in KPMG and H2 Ventures’ notorious Fintech 100 list. The company plans to tap into new markets with its partnership with

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Singapore Fintech Festival Round Up: Key Announcements And Partnerships; All you have to Know

The inaugural Singapore Fintech Festival, a week-long event organized by the Monetary Authority of Singapore (MAS) in partnership with The Association of Banks in Singapore (ABS), was one of the biggest fintech events ever organized, drawing over 10,000 participants from

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MAS, R3 and Financial Institutions Experimenting with Blockchain Technology

The Monetary Authority of Singapore (MAS) announced that it is partnering R3, a Blockchain technology company, and a consortium of financial institutions on a proof-of-concept project to conduct inter-bank payments using Blockchain technology. This project could potentially avail a payment

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First Bank in SouthEast Asia To Use Blockchain Technology For Payment Services

OCBC Bank has become the first bank in Southeast Asia to use blockchain technology in its local and cross-border payment funds transfer services. The use of a payment blockchain solution will see increased efficiency, transparency and security as well as

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