According to a latest Reuters report, the World Federation of Exchanges (WFE) has cited a lack of regulatory clarity as the main reason limiting the utilization of the blockchain technology for cost reduction purposes in share trading. WFE is the leading governing body for exchanges and has the CME Group, Deutsche Boerse, China Financial Futures Exchange, LCH.Clearnet, Japan […]
As leading tech heavyweights such as IBM, Microsoft, Oracle, etc. begin experimenting with the blockchain technology, German software giant SAP has also expressed its intentions of studying the possible threats posed by the distributed ledger technology to the firm’ business. SAP’s customers in banking, farming, energy, healthcare and media pay millions of dollars for enterprise-grade […]
That India has been left behind in the fintech race cannot be questioned by anyone. However, the nation seems ready to embrace the fintech revolution which involves the blockchain technology and the cryptocurrencies such as bitcoin, litecoin, dogecoin, and others. Bangalore-based leading IT services company Mphasis has unveiled India’s first Centre of Excellence (CoE) for […]
The Reserve Bank of India is working on constituting a team to study the use of blockchain technology – the tech underpinning cryptocurrencies such as bitcoin – to reduce the use of hard cash, Moneycontrol reports. RBI Deputy Governor H R Khan said this during an event organized by the Institute for Development and Research […]
Technology giant IBM (NYSE: IBM) has officially declared its love for the blockchain – the technology that supports virtual currencies such as bitcoin. New York-based IBM has officially said that it is committed to making blockchain a business-friendly technology. In a press release, Arvind Krishna, Senior Vice President, IBM Research said, “In just a few […]
