Blockchain

Oct
23

The Perth women making your life better with technology

While most of the world is still coming to grips with just what blockchain is there are two West Australian women who have poured everything they have into taming the digital beast to tackle real world problems and improve everyday life. Blockchain is the underlying technology behind cryptocurrencies like Bitcoin, but across the globe entrepreneurs […]

By Reposted by Australian FinTech | Blockchain . FinTech
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Oct
17

Identitii lists on ASX

Identitii Limited (ASX: ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a  private blockchain, commenced trading on the ASX today at 11.00am AEDT. The listing follows a fully underwritten $11 million raising at $0.75 per share. 14,666,666 shares were issued for an undiluted market capitalisation […]

By Australian FinTech | ASX . Blockchain
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Oct
16

What is Ethereum and who is Vitalik Buterin?

Beginnings of the Ethereum Universe Launched on 30th July 2015, Ethereum is a cryptocurrency based on the blockchain. Founded by Vitalik Buterin and Joseph Lubin, it is sometimes considered a second version of Bitcoin. Though Bitcoin and Ethereum are both decentralised currencies based blockchain, there are significant differences between the two. What’s the difference? A […]

By Reposted by Australian FinTech | Bitcoin . Blockchain . Currency . FinTech
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Oct
15

Superannuation ripe for blockchain

Australia’s $2.7 trillion superannuation system has a lot to gain from adopting distributed ledger technologies (DLT), but the industry will want more clarity around blockchain applications before it jumps in. Bravura Solutions global head of wealth management product Michelle Lusty says blockchain and DLT will find success in wealth management once they begin to offer […]

By Reposted by Australian FinTech | Blockchain . FinTech . Investing
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Oct
15

“One of the strongest blockchain communities in Australia”: NEM Foundation opens blockchain hub in Melbourne

NEM Foundation is opening a new blockchain hub in Melbourne, to help startups understand how the technology could help their business, and to engage and educate the general public. The foundation, designed to promote the NEM blockchain platform and its cryptocurrency XEM, already has a hub in Brisbane, as well as in Westport, New Zealand, […]

By Reposted by Australian FinTech | Blockchain . FinTech
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Oct
10

Can flawed credit rating systems be rebuilt on the blockchain?

Credit scores control people’s lives, and something that powerful needs to be decentralised. On 2 October 2018, Mastercard filed a patent for connecting an individual’s cryptocurrency and fiat accounts. It’s described as a “behavioural profiling method and system to authenticate a user.” This verification might be an important security element in the process where credit […]

By Reposted by Australian FinTech | Blockchain . FinTech
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Oct
10

Programmable money will be the trigger for governments to adopt blockchain

The original blockchain use case – bitcoin – involved making payments while circumventing government and banks. So there’s some irony that its latest local use case involves a big government agency and the country’s largest financial institution adapting the original blockchain to control how government payments are spent. But blockchain innovation is full of surprises. […]

By Reposted by Australian FinTech | Banking . Bitcoin . Blockchain . Currency . FinTech
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Oct
09

CBA and Data61 join forces to create ‘smart money’

The Commonwealth Bank and CSIRO’s Data61 have joined forces to create “smart money” using blockchain technology, which has the potential to reduce fraud and revolutionise government programs such as the National Disability Insurance Scheme. In an initial proof-of-concept called Making Money Smart, the organisations have created programmable money by using smart contracts on a private […]

By Reposted by Australian FinTech | Banking . Blockchain . Currency . FinTech . Payments
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