cryptocurrency

Sep
26

A Central Bank blockchain could make other banks obsolete

Will banks like ANZ and Westpac go the way of the record store? Professor David Yermack from NYU Stern School of Business thinks so. He argues it’s only a matter of time before Central Banks withdraw banknotes from circulation and put the national currency into an electronic blockchain rending other banks “unnecessary”. The distributed ledger […]

By Reposted by Australian FinTech | Banking . Bitcoin . Blockchain . FinTech
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Sep
25

IDC names top 10 fastest growing fintech companies in A/NZ

IDC Financial Insights has unveiled a list of 10 fast-growing fintechs in Australia and New Zealand (A/NZ) as part of the broader FinTech 101 list for Asia/Pacific. “IDC’s FinTech Fast 101” refers to the fast-growing fintech players in Asia/Pacific based on extensive on-ground analysis of the dominant fintech players within the region. 10 Fastest Growing FinTechs in […]

By Reposted by Australian FinTech | Bitcoin . FinTech . Investing . Lending . Mortgage . Robo-Advice . Venture Capital
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Sep
22

Regulated Bitcoin banking will disrupt Aussie finance sector says DigitalX

The launch of regulated, global bank trading in digital currencies such as Bitcoin will be a disruptive game-changer, says Australian digital currency consultancy, DigitalX. DigitalX (ASX:DCC) was the corporate advisor to Europe-based Bankera, which recently closed an “initial coin offering” after raising €25 million ($37 million). An initial coin offering is an unregulated means of […]

By Reposted by Australian FinTech | Banking . Bitcoin . Blockchain . FinTech
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Sep
22

Australia cites Blockchain in ‘Digital Economy’ strategy launch

Australia’s government is plotting an ambitious new Digital Economy initiative, citing the country’s previous work with blockchain and its future potential in a new public consultation call. The scope of the project is outlined in a new paper published this week by the The Department of Industry, Innovation and Science, which also includes a series […]

By Reposted by Australian FinTech | Blockchain . FinTech
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Sep
20

‘Banking for blockchain’ platform raises AUD$37m in pre-ICO round

ASX-listed blockchain solutions company DigitalX has announced Bankera has successfully closed its Pre-Initial Coin Offering (ICO) round by raising €25m (AUD$37m). Bankera, a digital fintech solution platform based in Europe, has closed €25m via the sale of 2.5 Billion Banker (BNK) tokens at €0.01 each. Bankera is building a regulated bank for the blockchain era, […]

By Reposted by Australian FinTech | ASX . Blockchain . FinTech . Investing . Venture Capital
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Sep
20

‘Better than blockchain’ new asset trading system unveiled

The chief scientist of the Capital Markets Cooperative Research Centre, Michael Aitken, has demonstrated a new asset trading system – known as digi.cash – which he says will allow a broad range of financial assets to be traded at virtually no cost with immediate settlement, potentially disruptive to existing markets like the Australian Securities Exchange. […]

By Reposted by Australian FinTech | ASX . Blockchain . FinTech
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Sep
20

The future of FinTech

In case you haven’t noticed, FinTechs (short for financial technology) are moving in fast on the traditional financial services world – or at least they’re trying to. You’ve already been swept up in the FinTech revolution if you use a bank app or contactless credit card chip, pay in Bitcoin, transact with PayPal or take […]

By Reposted by Australian FinTech | Banking . Bitcoin . FinTech . Payments . Peer-to-Peer
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Sep
20

Now you can buy Ethereum and alt-coins with cash at your local newsagent

The cryptocurrency revolution is coming to your local newsagent. Since 2016, enthusiasts have been able to purchase bitcoin over the counter in a local store via the blueshyft platform. Through a new partnership with CoinSpot, that has now been expanded to include numerous other cryptocurrencies, including Ether, the biggest rival to the dominance of bitcoin […]

By Australian FinTech | Bitcoin . Currency . FinTech
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