Blockchain Collaborative Consortium Membership Reaches 109 Companies And Organizations - New Financial Services Subcommittee To Be Formed With Aim Of Boosting Awareness Of Blockchain Technology Among Financial Institutions. The Blockchain Collaborative Consortium (BCCC) was inaugurated on April 25, 2016, with 34 founding member companies.
The consortium's Chairman is Yoichiro Hirano, CEO, Infoteria Corporation. Leading companies promoting the use of blockchain technology have also since joined, expanding BCCC membership to the current 109 companies and organizations. A decision was also reached to inaugurate the Financial Services Subcommittee in March 2017. What Blockchain Means for the Sharing Economy. Executive Summary Blockchain technology is facilitating the emergence a new kind of radically decentralized organization.
These organizations — which have no director or CEO, or any sort of hierarchical structure — are administered, collectively, by individuals interacting on a blockchain. As such, it is important not to confuse them with the traditional model of “crowdsourcing,” where people contribute to a platform but do not benefit proportionately from the success of that platform. Blockchain technologies can support a much more cooperative form of crowdsourcing — sometimes referred to as “platform cooperativism”— where users qualify both as contributors and shareholders of the platforms to which they contribute. The value produced within these platforms can be more equally redistributed among those who have contributed to the value creation. Recently, a new technology has emerged that could change this imbalance. Today we have a new opportunity to fulfill these promises. IBM, Natixis, and Trafigura introduce first-ever Blockchain solution for U.S. crude oil market - Blockchain News.
Natixis, have pioneered the first Blockchain solution in commodity trade finance for US crude oil transactions.
The distributed ledger platform, built on the Linux Foundation open source Hyperledger Fabric, allows major steps in a crude oil transaction to be digitized on the Blockchain, ensuring improved transparency, enhanced security, and optimized efficiency. By having the buyer, seller and their respective banks all on the same ledger, all parties can simultaneously view and share data on the status of a transaction, from the time a new trade is confirmed and validated, to when the crude oil is inspected, to its final delivery and cancellation of the letter of credit.
This initiative is part of a broader effort to modernize trading in the global crude oil industry, which today is predominantly driven by manual, non-digital processes. The platform will soon be expanded to allow all parties in the transaction to enter data directly onto the Blockchain. Le bitcoin au plus haut depuis trois ans. La valeur de la monnaie virtuelle utilisée pour des transactions en ligne a franchi les 1 000 dollars.
La valeur du bitcoin a dépassé les 1 000 dollars dimanche. Selon les chiffres de l’agence Bloomberg, lundi 2 janvier, la monnaie numérique poursuivait sur sa lancée, atteignant un peu plus de 1 024 dollars à 16 h 31. A son lancement, en 2009, le bitcoin ne valait que quelques centimes. Il avait déjà culminé au-delà de 1 000 dollars à l’automne 2013. Www.cryptocoinsnews. Tech giant Microsoft, Tierion collaborate on blockchain-based attestations and proofs. Tech giant Microsoft, Tierion collaborate on blockchain-based attestations and proofs.
2017 is Expected to Be a Great Year for Blockchain Technology. Bitcoin’s underlying blockchain technology has seen a lot of applications in the recent times.
Banking and financial institutions are some of the major parties interested in the development and implementation of distributed ledger technology to their operations. Fintech is one of the hottest sectors at the moment. Blockchain For Beginners - NASDAQ.com. Blockchain.
Bitcoin. Mining. If you’ve heard these terms floating around the Internet in connection with online payments, you may be feeling a little behind the times. Don’t stay in the past! Instead, read up on blockchain technology and how it’s changing the way we think about payments, currency, and the entire financial system. What Apple Can Teach Blockchain App Designers for 2017. Steve Ehrlich is an associate and lead analyst at Spitzberg Partners, a boutique corporate advisory that has strategic relationships with firms including Ming Labs and the Wall Street Blockchain Alliance.
Matthias Roebel is CEO of Ming Labs, and Ron Quaranta is chairman of the Wall Street Blockchain Alliance. In this CoinDesk 2016 in Review special feature, Ehrlich, Quaranta and Roebel argue that a focus on user experience can help blockchain firms better communicate to the mass market in 2017 and beyond. Most people hear the word blockchain and immediately concede that they may never take advantage of this innovative technology because they cannot "use encryption" or code. As those of us in the blockchain sector look to 2017 as the year where we begin to move beyond a purgatory of proof-of-concepts and pilots into full product integration, it is crucial to enable would-be users to clear this important mental hurdle.
Fortunately, this is not a new problem for the technology industry. Blockchain could save investment banks up to $12 billion a year: Accenture. Japanese Consortium for Blockchain Remittance Launches with 42 Member Banks. Blockai: Register your copyright and monitor how it's used on the web. MasterCard unveils new blockchain. Welcome… the party’s already started MasterCard has unveiled its own blockchain as it reacts to arch-rival Visa’s partnership with Chain and seeks to use the technology in payments and trade finance.
Its version is currently at the testing stage and offers the usual things in this corner of the fintech world. These include smart contracts – scriptable transactions that automate business flows and reduce manual intervention; and scalability – namely MasterCard’s “proof of audit” consensus mechanism which brings commercial processing speed and extensibility to the blockchain. Slock.it. Blockchain grid to let neighbours trade solar power in Australia. La #blockchain de #Mastercard au banc d'essai pour contrer #Visa. OpenBazaar. Blockchain publications that should be on your reading list - How m...
Top 100 #Blockchain Insiders: Most Influential People in the Crypto Sphere. How blockchain will impact accountants and auditors. Blockchain promises a world where all transactions can be logged, viewed and monitored in real time.
There are potential implications for a wide variety of sectors and professions, not least accountants and auditors. Nick Martindale investigates what it could lead to Back in the early 1990s, very few people had heard of the internet, let alone had any inkling as to just how much it would disrupt traditional ways of working and consumer habits. Now, should the hype be believed, we’re on the cusp of a similar development; this time in the form of blockchain. The potential of blockchain lies in its ability to create a distributed ledger of transactions, of which all participants have an identical copy that can be accessed and viewed in real-time.
Clé publique, clé privée: comment vos bitcoins sont protégés. J'ai mentionné à plusieurs reprises les notions de clé privée, clé publique et de signature. Tout ceci va devenir clair dans cet article, qui explique une des clefs de voûte du protocole Bitcoin. Je ne rentrerai pas dans les détails mathématiques parce que ce blog est destiné à un public plus large que ce que cela impliquerait, mais de nombreuses explications détaillées par exemple de RSA existent sur le net. Un coffre-fort avec deux clés Une manière souvent convaincante d'expliquer de quoi il s'agit est d'imaginer que vous avez un coffre-fort avec deux clés. KBC et Cegeka testent une application blockchain novatrice pour les PME. Uk.businessinsider. This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The equity research arm of the bank released a note last week that reiterated the potential benefits of blockchain technology for financial services and outlined which global banks are well positioned to take advantage of the technology.
Credit Suisse noted that blockchain technology can help banks cut costs, better manage risk, more cheaply and easily achieve compliance, and target new sources of revenue. Goldman Sachs. The bank sees blockchain as one of the most important developments in technology, according to Credit Suisse. YoCoin Transforms into an Ethereum Based Cryptocurrency Asset with Smart Contract Applications. August 23, 2016 Bangkok, Thailand – The peer to peer digital currency, YoCoin is now an Ethereum based asset.
With this latest development, one of the world’s fastest growing cryptocurrency now has smart contract applications as well. Formerly based on the Scrypt mining algorithm, YoCoin now enables smart contracts with a wide range of applications. Krypton Abandons Ethereum for Bitcoin Proof of Stake Blockchain after 51% Attack. Le premier baptême du feu pour appliquer la blockchain au crowdfunding. Montpellier, le 02 Septembre 2016 – Enerfip, plateforme de financement participatif spécialisée dans les projets d’énergie renouvelable a réalisé une émission d’obligations via Blockchain, en utilisant le protocole Open Asset basé sur bitcoin.
Ce véritable proof-of-concept, première en France et en Europe, a pour ambition d’ouvrir la voie aux autres acteurs du financement participatif et de prouver aux autorités que les blockchains privées ne sont pas nécessairement incontournables. Learn to code. The Blockchain Explained to Web Developers, Part 1: The Theory. The blockchain is the new hot technology. If you haven’t heard about it, you probably know Bitcoin. Well, the blockchain is the underlying technology that powers Bitcoin. Experts say the blockchain will cause a revolution similar to what Internet provoked. But what is it really, and how can it be used to build apps today? This post is the first in a series of three, explaining the blockchain phenomenon to web developers.
To begin, let’s try to understand what blockchains really are. Bien maîtriser la « blockchain » pour la populariser, Editos & Analyses. Blockchain : vers un nouveau paradigme pour les recruteurs ? (d’après Computer Futures) Les révolutions sont à l’origine des plus grandes évolutions de notre société. Blockchain, le nouvel ange-gardien des assureurs ? Big data, dématérialisation ou encore machine learning, les technologies de l'information ont déjà bouleversé de nombreux pans de l'économie, et le marché de l'assurance est en train, à son tour, de vivre ce séisme.
À l'origine, l'assurance reposait sur le principe fondamental d'une large mutualisation des risques, mais elle est aujourd'hui devenue individualisée et ultra-personnalisée : chacun paie - et s'attend à payer - en fonction de son profil. Parmi les révolutions que connaît ce marché, il en est une qui touche à la corde sensible de la sécurité des données, notamment financières et bancaires.
Is blockchain going mainstream? You bet! When it comes to blockchain, says Oliver Bussmann, broad-based transformation is coming, as well as major enterprise disruption. The arrival of an important new technology is generally met with loud choruses of hype and skepticism. Some see the next big thing, while others say it’s all overblown. Le bitcoin plonge après un piratage à Hong-Kong - Actualités Fintech. Alibaba Group's Ant Financial Creates Blockchain Solution for Philanthropy Sector. The Chinese billionaire entrepreneur, Jack Ma has forayed in the digital currency technology arena.
Ant Financial, one of the affiliates of Jack Ma’s Alibaba Group Holding Limited (NYSE:BABA)has been working on implementing blockchain technology in the non-profit and charity sector to bring in transparency and accountability. The blockchain solution developed by Ant Financial is being used by Alipay to record all incoming transactions to the charitable and philanthropic organizations in the country through its payment service. Donations made to philanthropic organizations by over 400 million Alipay users will be recorded on this distributed ledger which can be accessed by the donors to track their donation history and the utilization of their funds.
Brazilian Institute BVRio To Use Ethereum’s Ledger Against Illegal Timber Trading – The Merkle. Clé publique, clé privée: comment vos bitcoins sont protégés.