D+H: 2016 Will See Blockchain Solutions Reach Banking Consumers
DH Corporation (D+H), a Canada-based provider of technology solutions to financial institutions, recently announced the integration of a proprietary blockchain solution with its payments hub, Global PAYplus. The move makes D+H the latest payments vendor to carry out a blockchain integration. Following similar announcements by Dwolla, Earthport and PayCommerce, the developments can be viewed as a tipping point that finds blockchain moving from innovation labs and into real-world implementations. For example, the Global PAYplus platform already integrates different payment types, currencies....
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Many participants at the Revolution Banking 2016 event in Spain were interested in the Blockchain technology, which resulted in a lively discussion during the event Where is the blockchain heading? Whether the distributed ledger technology really has the potential to solve the issues currently faced by the banking and financial sector? These were some of the topics discussed in the last month’s Revolution Banking 2016 summit, which happened in Madrid, Spain on the 10th of May 2016. Revolution Banking 2016 was an event focused on new technologies, innovations, and collaborations in the....
The shared ledger trial will continue for the foreseeable future, and ANZ hopes to see it reach its potential by the end of 2016. Ledger technology is of significant value to the financial sector, although it is unclear as to what role these different types of blockchains will play in the end. The Hyperledger Project helped “sponsor” a trial of shared ledger technology conducted by the ANZ banking group. Financial institutions are flocking towards blockchain technology and distributed ledgers these days, although it remains uncertain as to how this technology will be implemented in the....
According to an IBM survey that gathered insights from 200 global banks, 15% of those banks could be running blockchain solutions as early as 2017. While 2016 is the year that has – already – seen blockchain prototypes tested and trialed, 2017 will be the year banks start putting blockchain solutions into implementation, according to a new IBM study. “Hurtling” Toward Blockchain. Released today, the study, “Leading the Pack in Blockchain Banking: Trailblazers Set the Pace”, conducted by IBM Institute for Business Value, summed up the interest in blockchain among the 200 banks it surveyed,....
A study conducted by Juniper Research has found that the total value of Venture Capital (VC) blockchain and bitcoin investments totalled $290 million in the first six months of 2016. While more than 30 startups were involved that received funding during that time, more than a third of all the investment went to three major companies: Circle, the social bitcoin-based payment provider, which raised $60 million earlier this year, Blockstream, the sidechain developer, which gained $55 million in funding; and Digital Asset Holdings, the distributed ledger solutions provider, which secured $52....
PRESS RELEASE. Antier Solutions, a blockchain development company headquartered in Mohali, India – with two global units in North America and the UK – has expanded its services to offer crypto-friendly bank development solutions targeting start-ups, banks, and financial institutions seeking opportunities to launch their crypto-friendly banks. “The finance industry is evolving; financial institutions and customers are realizing the transformative power of blockchain and cryptocurrency in making financial services more transparent, secure, cost-efficient, and accessible to....