JPMorgan Chase to create digital coin using blockchain
JPMorgan Chase plans to launch its own digital coin, called “JPM Coin”, that customers will be able to use for instant transfer of payments over a blockchain network. The largest US bank by assets said customers, on depositing money at the bank, will be issued the cryptocurrency that can be used for transactions over the […]
IBM Blockchain Platform now live in Melbourne
IBM has made its blockchain platform available out of the IBM data centre in Melbourne, allowing customers to run their applications on the company’s cloud and abide by data sovereignty requirements. The platform will also be available via the data centre in Sydney by the end of March, with head of blockchain and consulting practice […]
Will the Samsung Galaxy S10 come cryptocurrency-ready?
If you need a smartphone that will also work as a mobile cryptocurrency wallet, Samsung may have a handset for you. Photos tweeted by leaker Ice universe on Wednesday purport to show the Samsung Galaxy S10 with support for cryptocurrencies and sporting a Blockchain KeyStore. Text on the handset’s screen calls the KeyStore a “secure […]
Swinburne launches global Blockchain Centre of Excellence
Swinburne University of Technology has launched a new global Blockchain Centre of Excellence in partnership with Capgemini, a world leader in consulting, technology services and digital transformation. The Centre of Excellence was launched in the heart of San Francisco at Capgemini’s Applied Innovation Exchange. The event was attended by stakeholders from the local innovation ecosystem, […]
Faster, cheaper: blockchain breeds competition
Blockchain technology has the potential to provide superior post-trade infrastructure to investors. Fund managers will soon be enjoying faster and cheaper transactions than what monopoly incumbents such as the ASX offer, thanks to competition, a tech company boss predicts. The post-trade world is “very, very expensive relative to the work that is performed”, says Peter […]
HSBC used blockchain to settle $250B worth of trades
HSBC has settled $250 billion worth of forex trades using blockchain in the last year, it said on Monday, suggesting the heavily hyped technology is gaining traction in a sector until now hesitant to embrace it. The bank has settled over three million forex trades and made over 150,000 payments since February using blockchain, it […]
ASX says shock departure of blockchain guru won’t affect its rollout
The Australian Securities Exchange (ASX) said its plans to switch over to blockchain technology are on track despite the surprise departure of high profile chief executive Blythe Masters from its tech partner Digital Asset Holdings (DA). Ms Masters, the high-flying JPMorgan Chase executive who was part of the team credited with the creation of credit […]
How businesses will pivot AI strategies to align with human-centric goals
Trends like Digital Transformation, Internet of Things, Blockchain and Artificial Intelligence have beset the tech and finance industries for some time now. But what was now yesterday’s buzzwords will be tomorrow’s reality. The question is, how will these buzzwords evolve into real solutions in 2019? Jayajyoti (JJ) Sengupta, Head of APAC, Cognizant shared his thoughts […]
