Blockstack Joins the Growing Number of Fintech Companies That Use the Blockchain to Streamline Mainstream Finance
Blockstack, a San Francisco-based firm, is adapting the technology of Bitcoin for mainstream finance, including clearing and settlement. A small group of banks have started beta testing Blockstack's technology, Bloomberg Business reports. The startup, run by former Google Inc. and Nasdaq OMX Group Inc. employees, is jumping into the competition to use....
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"What can the blockchain do for me today?" It's a question that's increasingly being asked by major financial institutions, and one that San Francisco-based Blockstack.io has been focused on finding an answer for since its launch in June. One of a growing number of companies seeking to provide custom blockchain solutions, Blockstack.io boasts unique expertise in Standard Chartered Bank veteran Peter Shiau, who serves as the company's CEO. Shiau indicates that Blockstack.io is seeking to capitalize on the "thought shift" currently underway at major financial institutions, which by all....
Bitcoin and blockchain enthusiasts may recall an application called Onename, which was built on top of the identity- and storage-providing blockchain platform called Blockstack. In an announcement earlier today, the company announced they will be changing their name to Blockstack Labs. Onename Becomes Blockstack Labs. Now and then, Bitcoin companies will go through a rebranding without affecting their customers all that much. In the case of Onename, which will keep the name as a consumer product, the parent company name will change to Blockstack Labs. Onename will continue as it has....
San Francisco-based blockchain startup Blockstack.io has entered into an acquisition agreement with Digital Asset Holdings. The deal, announced this morning, marks the latest acquisition by Digital Asset, which announced it had purchased blockchain startups Bits of Proof and Hyperledger earlier this year. Launched in June, Blockstack is one of a number of startups seeking to offer private blockchain services to the world's finance industry. In August, CEO Peter Shiau told CoinDesk his company was working with prospective clients to better understand how the technology can be applied to....
Innovate Finance is planning to open another facility for Blockchain tech and fintech related research. London is the financial capital of Europe, while The number of fintech companies in London is gradually increasing. Also, special thanks should go to the digital currency community and their constant research in the fintech sector that is contributing to London's fame as well. Innovate Finance is a collaborative initiative between the government and various financial technology companies. These companies include conventional finance and banking companies as well as bitcoin and other....
Innovate Finance, the association of fintech and blockchain companies in London, UK to set up fintech hubs in Bahrain and the UAE. London had gained a reputation for being the financial hub of Europe. The capital of United Kingdom has been in the forefront of Fintech innovation, thanks to various initiatives in the past. But with Brexit, things are slowly falling apart. By moving away from the European Union, London has lost the charm of being the gateway to Europe for many companies. As the country becomes less attractive each day, other European nations are trying to replace it as the....