100 Banks Approached Blockchain.info To Integrate Bitcoin!

100 Banks Approached Blockchain.info To Integrate Bitcoin!

In an interesting interview with CNBC's Nancy Hulgrave, Peter Smith, the CEO of blockchain.info, claimed that around 100 banks approached his company to integrate bitcoin and the blockchain technology in their banking systems. Peter thinks that these banks believe that they can benefit and make more profits via integration of the blockchain technology. Banks Vs The Blockchain Technology: Throughout the past couple of years, some international retail banks have tried to integrate the blockchain technology into their banking systems and some have even gone far enough to consider issuing....


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100 Banks Approach Blockchain.info

Banks have been odd towards Bitcoin from the get go. At first they all laughed at the currency and now it’s an entirely different story. Legacy banking institutions seem to be very interested in the protocol, and this can be seen throughout mainstream media publications. One Bitcoin company Blockchain.info says they have been approached by over 100 banks about Bitcoin and its underlying technology. Blockchain.info’s CEO, Peter Smith, had a lot to say to the media on a CNBC’s “Future of FinTech” broadcast explaining the many benefits Bitcoin can offer banks. The company believes it’s the....

PwC Report: Blockchain Illiteracy Could Hurt Banks

According to a new report released by Big Four Accounting firm PricewaterhouseCoopers (PwC), the Fintech revolution will not revolve around blockchain innovation per se, though it will remain at the top of trends in the banking industry. Meanwhile, banks are still preferring to integrate “easier” solutions, which will optimize day-to-day operations. One....

Banks Fall Over Themselves in Race to Integrate Blockchain Technology

This news comes at the time when experts assumed adoption of distributed ledgers was still five to ten years away. Once again, the so-called experts have been proven wrong, and it is not the last time that will happen. Blockchain adoption by traditional financial institutions will not happen anytime soon. At least, that is the message their official spokespeople are converting to the world. But according to IBM, there has been a rush to embrace distributed ledgers and integrate them into core systems. Things are looking positive for Bitcoin technology, even though banks will not embrace....

Bitcoin.com gets a revamp by Blockchain.info

On 4/15/14. Blockchain.info's Nic Cary took to Twitter to tease the Bitcoin populace with an upcoming announcement... Many were reminded of the last time Cary promised an announcement; the announcement fell short of many's expectations. This time around expectations were met and exceeded, Cary truly has presented a crowdpleaser.https://twitter.com/niccary/status/456129500707688449 Blockchain.info announced today that: Blockchain.info has struck a five year deal to exclusively manage the domain name Bitcoin.com. Blockchain.info is positioning itself to maintain and build its preeminence in....

Blockchain.info Buys Bitcoin App ZeroBlock

The folks over at Blockchain.info have acquired bitcoin price application ZeroBlock (LLC), as noted in an announcement this Christmas Eve. The mobile application (available on both Android and iOS) provides the end user with the latest news, price quotes, and more. Dan Held, ZeroBlock's developer, will be joining the Blockchain.info team as a product manager, as part of the acquisition. It being the most-viewed bitcoin application on the Apple App Store, it's easy to see Blockchain.info's interest in the app. Blockchain.info say that the acquisition of the app is part of their "very....