cryptocurrency

Feb
06

Blockchain and how it will change everything

In May, British billionaire Richard Branson invited a select posse of entrepreneurs, venture capitalists and technology advisers to his Caribbean residence for an exclusive pow wow on an issue occupying some of the top markets minds in the world. The topic for discussion on the picturesque Necker Island was the “blockchain”. “Every now and then, […]

By Australian FinTech | ASX . Banking . Bitcoin . FinTech
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Dec
18

ANZ Bank joins tech giants creating blockchain ‘Hyperledger’

Australia and New Zealand Banking Group has joined a slew of tech giants and financial institutions banding together to explore how blockchain technology may further their businesses and potentially replace the dated international money transfer system. Lead by not-for-profit organisation The Linux Foundation, ANZ will join the likes of IBM, Intel, the London Stock Exchange, […]

By Australian FinTech | Banking . Bitcoin . Currency . FinTech
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Dec
16

RBA governor Glenn Stevens backs blockchain and tech disruptors

The blockchain technology that underpins controversial crypto-currency bitcoin could bring significant benefits to the global banking system, Reserve Bank of Australia governor Glenn Stevens said. Speaking in his regular year-end interview with The Australian Financial Review, Mr Stevens said it was important for banks to figure out how the technology could be used to create […]

By Australian FinTech | Banking . Bitcoin . FinTech
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Nov
09

Cryptocurrencies: what to study until there’s a ‘bachelor of bitcoin’

Joel Emery’s passion is cryptocurrencies, IT and tax law. It’s dense stuff, but despite a recent senate inquiry, legal treatment of new financial technologies is in its infancy so Emery’s Bachelor of Laws honours thesis at ANU is in some ways ahead of the regulators. Bitcoin emerged in 2008 as the first decentralised cryptocurrency, a […]

By Australian FinTech | Bitcoin . FinTech
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Oct
30

Bitcoin lures as investors fret over uncertain markets

Investors appear to be increasingly turning towards bitcoins, rather than gold, as the best way to protect themselves against unpredictable financial markets. Worries that the US Federal Reserve could make good on its threat to raise interest rates before the end of the year pushed gold to a three-week low overnight, with the price of […]

By Australian FinTech | Bitcoin . FinTech . Investing
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Oct
06

Bitcoin flounders as regulatory worries bite

What are your thoughts on this article? Do you believe this is happening? Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency’s mainstream appeal is fading. Concerns about bitcoin’s potential crime links mean many businesses have stopped accepting it, a trend accelerated by Australian banks’ move last month to close […]

By Australian FinTech | Bitcoin . FinTech
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Sep
17

9 Giant Banks Make a Deal on Blockchain: What It Means | Alex Salkever

Here’s a follow-up article to yesterday’s article on the blockchain, but this explains it all even further… When Goldman Sachs talks, people all over the world listen. Today Goldman is talking about the blockchain. What the heck is the “blockchain”? Only the next biggest thing since the Internet, according to such tech visionaries such as […]

By Australian FinTech | Banking . FinTech
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Sep
16

The CBA has joined eight other massive banks to take the technology behind bitcoin mainstream | Business Insider

Nine of the world’s biggest banks on Tuesday threw their weight behind blockchain, the technology that powers bitcoin. Barclays, BBVA, Commonwealth Bank of Australia, Credit Suisse, JPMorgan, State Street, Royal Bank of Scotland, and UBS have all formed a partnership to draw up industry standards and protocols for using the blockchain in banking. The partnership […]

By Australian FinTech | Banking . FinTech
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