Global digital remittances forecast to reach US$525 billion by 2024: report
International digital remittances will reach US$525 billion by 2024 as traditional players in the market face fintech challenges, according to a new research report.
Proposed Australian migrant bank to be powered by blockchain
Blockchain technology will be at the core of a new bank aimed at servicing Australia’s migrant population which being developed by ASX-listed Novatti Group.
Big banks launching blockchain trade platform based on ‘Bitcoin-like’ token
A group of financial firms led by UBS is eyeing a blockchain trade platform for settling cross-border trades worldwide with its own “Bitcoin-like” token.
Melbourne’s Tycoon Global to sell townhouses using cryptocurrency
Real estate trading platform Tycoon Global has secured a site in Melbourne’s East Ringwood to build six townhouses to be sold using cryptocurrency.
What’s holding Blockchain back?
As blockchain evolves and moves closer to the mainstream in the enterprise technology stack, the obstacles to that development are increasingly clear.
ASX rebuffs its blockchain critics
ASX chief executive Dominic Stevens has responded to market speculation its CHESS replacement project may result in higher clearing and settlement fees.
Samsung is developing its own Ethereum-based blockchain
South Korean tech giant Samsung is creating its own Ethereum-based blockchain network and may be planning to issue its own token
Banks to join forces for blockchain-based settlement project
Several of the world’s largest banks are in the process of investing around US$50 million to create a digital cash system using blockchain technology
