2016 was an influential year for blockchain technology; companies across all industries invested in blockchain development; CoinDesk reflects on the year with 13 top stories on blockchain; among the leading headlines were Hyperledger and R3, consortiums which led development within the industry; central banks explored the use of blockchain with the Bank of England announcing in January plans for testing distributed ledger with its settlement system; IBM took a lead role, both with its blockchain as a service offering and involvement with the Hyperledger Project; digital currencies were also at the forefront of industry activity. Source
Despite the rumors of a spinoff and losing Amber Baldet JPMorgan Chase is still pushing forward with their Quorum blockchain; they recently tested the issuance of a $150 million, one-year, floating-rate Yankee certificate of deposit on the blockchain, in parallel with the actual issuance of the CD according to American Banker; in regards to the spinoff the bank has yet to completely deny the rumors, though they could spinoff parts of the group and still house Quorom within the bank. Source.
·
“Very few companies are going to be able to get out in this environment.“ Logan Allin is the Managing Partner...
Watch a replay of our weekly news roundup show with hosts Todd Anderson and John White, with special guest, fintech entrepreneur Timothy Li.
The CEO of Revolut, Nikolay Storonsky, has called on the UK government to create specialized visas for technology professionals as the...
Endaoment is celebrating Green Giving Month this April by recognizing nonprofits working to conserve and advocate for the environment.
Plum uses artificial intelligence to suggest and automate savings for its customers; the RateSetter Plum partnership will add a new savings option for Plum customers; through the platform customers can now choose to automate investment to a RateSetter account with an average return of approximately 4.7%. Source
The company will let go more that 3,000 employees three months after gaining notoriety for firing 900 workers in a Zoom call.
Here are the most read news stories from our daily newsletter today: Mastercard to Allow Consumers to Split Transactions into...
MoonPay, which allows users to buy cryptocurrencies using conventional payment methods, is adding more than 60 new celebrity investors to its balance sheet.