5 enterprise-related things you can do with blockchain technology today
Diamonds. Bitcoin. Pork. If you think you’ve spotted the odd one out, think again: All three are things you can track using blockchain technologies today. Blockchains are distributed, tamper-proof, public ledgers of transactions, brought to public attention by the cryptocurrency bitcoin, which is based on what is still the most widespread blockchain. But blockchains are being used for a whole lot more than making pseudonymous payments outside the traditional banking system. Because blockchains are distributed, an industry or a marketplace can use them without the risk of a single point of failure. And because they can’t be modified, there is no question of whether the record keeper can be trusted. […]
A VC’s perspective on Blockchain opportunities & impacts on Australia
by Victor Jiang, Managing Partner, Sapien Ventures LLP. I was truly honoured to have presented to and judged alongside a distinguished panel (from ANZ, Westpac, UBS, & Northern Trust) and key industry leaders at the inaugural Australian Blockchain Summit 2016 (Melbourne June 28-30th, 2016), and to have a chance to speak about what we felt are the opportunities and impacts of Blockchain on Australia. (The speech was immediately before a pitch/showcase session of 6 excitingly disruptive blockchain startups from USA and Australia, including one dialling in from 3am in their local time!) __________________________________ I’m really excited and honoured to be here, speaking just ahead of some truly exciting startups in the blockchain space. […]
The 14 Australian fintech startups chosen for KPMG’s new accelerator program
KPMG Australia today launched mLabs, an accelerator to connect credit unions and mutual banks with some of Australia’s most promising fintech startups. The program follows the successful Energise accelerator run for the energy and natural resources sector last year. The program will initially be used by seven Australian mutual banks and credit unions: Beyond Bank, CUA, Greater Bank, Heritage, IMB Bank, Police Bank and Teachers Mutual Bank. The KPMG Mutuals Review 2015 found that mutuals are well placed to implement new technologies and ideas and to collaborate with fintech startups. “KPMG mLabs is designed to catalyse this process,” says James Mabbott, head of KPMG innovate. “It will be a platform […]
Craig Wright says he will prove he is bitcoin creator
One day after Australian businessman Craig S. Wright declared he created the virtual currency bitcoin, he says he plans to prove it. After many bitcoin experts expressed scepticism about Mr. Wright’s claims, the 45-year-old computer scientist and engineer wrote Tuesday on his blog that he’ll present more evidence in coming days to prove he is Satoshi Nakomoto, bitcoin’s pseudonymous creator. “I will be posting a series of pieces that will lay the foundations for this extraordinary claim, which will include posting independently-verifiable documents and evidence,” Mr. Wright wrote. Specifically, Mr. Wright says he plans to move some bitcoin from an account that has been around since the early days of […]
