Blockchain

May
04

The CSIRO is exploring Bitcoin’s blockchain technology

Announced as part of the 2016 federal budget, the government will be encouraging its agencies as well as private companies to explore blockchain technology. The government’s downsized CSIRO research body Data61 will lead the country’s blockchain development. “The Government will encourage the exploration of Blockchain technology, including through a study and pilot testing by the […]

By Cameron Dart | Bitcoin . Blockchain . FinTech . Peer-to-Peer
DETAIL
May
02

Blockchain technology to impact financial services sector

Blockchain technology has the potential to improve client’s end-to-end experience but the legal profession must consider its regulation, according to Norton Rose Fulbright lawyers. Nick Abrahams, APAC head of technology and innovation, told those gathered at Norton Rose Fulbright’s Unlocking the Blockchain event last week that “Blockchain will radically impact the financial services sector”. Mr […]

By Cameron Dart | ASX . Banking . Blockchain . FinTech
DETAIL
Apr
27

The fintech phenomenon: Do Aussies only want to borrow from banks?

Marketplace lending, online business loans, robo-advice, blockchain – none of it means anything without consumers. So what do Aussies think of fintech? The threatening, disrupting nature of fintech is a widely discussed topic, with consumer benefits often being the focus. However, what’s interesting is that in the push to get companies, ideas and funding across […]

DETAIL
Apr
21

Blockchain technology – why all the hype?

As one of the most talked about emerging technologies, some say blockchain technology could revolutionize everything from stock exchange settlements and transport logistics to voting or welfare payments. So what is it and why is it relevant to financial advisers? Internationally, the benefits and wide range of possible uses for blockchain technology have been touted […]

By Cameron Dart | ASX . Banking . Bitcoin . Blockchain . FinTech
DETAIL
Apr
20

Blockchain technology to hit bank profits

Revolutionary blockchain technology threatens to slash the profits of banks and wipe out lenders which fail to quickly adopt the online record-keeping innovation, a high-powered panel of finance and technology experts warned. Jose Fernandez Da Ponte, global digital business executive at Spanish banking giant BBVA, said digital disruption to financial institutions by blockchain posed “extremely […]

By Cameron Dart | Banking . Bitcoin . Blockchain . FinTech . Payments
DETAIL
Apr
14

Australia pushes ISO for blockchain standards

Australia’s peak standard-setting body, Standards Australia, is calling on the International Standards Organisation to begin work on global standards for blockchain. The organisation has asked the Geneva-based ISO to begin working on standards for blockchain, the technology behind digital currency bitcoin, offering the assistance of Australian expertise. The ASX has recently taken a stake in […]

By Cameron Dart | ASX . Bitcoin . Blockchain . FinTech
DETAIL
Apr
08

Resisting Fintech disruption amounts to a loss of $13 billion in aggregated revenues

Sydney, Australia, 4 April 2016 – The Australian Banking sector is heavily regulated to prevent monopolies and collapses, and is guided by the Four Pillars Policy of the Australian Government which maintains the viability and separation of the “Big Four” banks: Commonwealth Bank of Australia (CBA), Westpac Banking Corporation (WBC), National Australia Bank (NAB), Australia […]

By Cameron Dart | Banking . Blockchain . FinTech
DETAIL