Tag "blockchain technology"

Blockchain In London: An Overview

With the world’s largest financial services sector and a booming tech sector, London is undoubtedly the capital for any fintech startup in Europe, combining the key ingredients for success: capital, talent, regulatory and government support and demographic diversity. In 2015,

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Gatechain: Applying Blockchain To Trade Finance

Zurich-based Gatechain has developed a solution that leverages blockchain technology for trade finance. The solution reduces trading risks, processing time and costs, while guarantying better performance and improving cash flow. Trade finance is the financing of trade, and concerns both

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87% of Financial Market Participants Say Blockchain Will Disrupt The Industry

A survey conducted by Deutsche Bank and FT Remark, the research arm of the Financial Times, found that a staggering majority (87%) of financial market participants are confident that blockchain technology will disrupt the settlement model for securities. 62% believe

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Upcoming Swiss Hackathon Seeks To Use Blockchain To Disrupt The Insurance Industry

An upcoming blockchain hackathon organized by EPAM in collaboration with Swiss Finance + Technology Association  and Validity Labs is looking for innovative solutions to disrupt the insurance industry. The EPAM 2016 Blockchain Hackathon, taking place on November 18 and 19,

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IBM Studies: Banks, Financial Markets Institutions Ramp up Blockchain Development

Blockchain solutions are rapidly being adopted by banks and financial markets institutions as they seek to anticipate disruption and stay ahead of fintech competition, according to IBM studies. Released last week, the reports are based on two separate surveys. The

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UBS Report: Fintech Gaining in Consumer Adoption

Customers are increasingly relying on financial services provided by non-traditional providers, according to survey by UBS Evidence Lab. While the fintech disintermediation risk is real and growing, USB believes that collaboration and new technologies can deliver new opportunities for banks. In one

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WEF Report Addresses How Blockchain Can Reshape Financial Services

Blockchain technology, also known as distributed ledger technology, has attracted the interest of the financial services ecosystem – and their money. Over the past three years, the World Economic Forum (WEF) estimates that some US$1.4 billion have been invested into

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UBS Exec: Blockchain ‘The Biggest Disruptor Since The Internet’

Blockchain technology will cause major disruption in the enterprise stack, sparking a dramatic shift to distributed computing environments with the “value web” becoming a massive peer-to-peer network, according to UBS’s former Group CIO and Group Managing Director, Oliver Bussmann. Qualified

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German Stock Market Operator Releases Paper On How Fintech Will Reshape Capital Markets

Blockchain, artificial intelligence (AI), machine learning and Big Data will transform capital markets, according to German stock market operator Deutsche Boerse. It urges established financial infrastructure players to start approaching fintech firms and consider partnering with these innovative ventures. In

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Morgan Stanley Shares Roadmap for Blockchain Adoption

While the long-term opportunity offered by blockchain is clear, widespread adoption by financial institutions will take between 5 and 10 years from now, according to Morgan Stanley. In a new report entitled ‘Global Insight: Blockchain in Banking: Disruptive Threat or Tool?’,

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