…The company’s platform allows providers to build insurance products on top of an open-source infrastructure. But if negotiations around Brexit falter, cross-border market testing will be much harder, and compliance…
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FinTech Timeline: The history of Open Banking in Europe
…Office The birth of Open Banking began following an experiment conducted by the Deutsche Bundespost (German Federal Post Office), when the leadership team ran a test using five external computers…
Airdrops reconsidered: free XLM on Blockchain’s Wallet
…to CoinDesk, many in the crypto-communities saw this as – “a scammy way for Blockchain to expand wallet usage and complained that users would have to submit to the company’s…
How to Decentralize Travel Monopolies, Explained
…had the advantage to plug complete monopolies over particular travel agencies, adding large percentages of commission for the middlemen who would book everything. Online platforms like Expedia.com and Booking.com aren’t…
30+ Real Examples Of Blockchain Technology In Practice
…their anonymous medical records to be used for research. Nano Vision—Looking to catapult medical innovation away from traditional data silos and incompatible records systems, Nano Vision combines the power of…
‘Rehypothecation’: More about the Wall Street Practice that Could Ruin Bitcoin
…not going to be associated with an individual shareholder. As a result of the complexity of the system we’ve spent nearly 4,000 words exploring thus far, the SEC says “imbalances…
Bank Connectivity and Payment Processes Must Follow Best Practice Protocols
…leverage that communication to the bank or have their own independent communication channel to the bank, too. So that’s a big consideration for a lot of companies.” Paquette added that…
Why Blockchain Values Your Privacy More Than Facebook
…that By matching identity owners and data consumers directly, the costs currently charged by data aggregators such as social networks, search engine providers, and data brokers, will be omitted.” While…
The Number of Cryptocurrency Wallet Users Keeps Rising
…consumer data provider Statista compiles quarterly figures for a three-year period. The number of blockchain wallet users worldwide has jumped from less than 6.7 million in Q1 2016 to over…
What Is Blockchain?
…of digital databases in a couple of ways. Distributed databases – Data is stored on multiple servers which are scattered across several physical locations. Generally, this provides greater reliability, performance…