AXONI’s Blockchain Solution for Fintech Industry Passes All Tests
AXONI, the distributed fintech solutions company recently tested a new blockchain solution for financial institutions. The banking and financial institutions across the world have been working on development and implementation of blockchain technology based applications into their operations. The latest news about a successful trial run of a similar blockchain technology based solution comes from AXONI. In a recent press release, AXONI, a distributed ledger based financial technology solutions provider has reported that the company along with 6 other financial services providers has....
Related News
Bitcoin exchange BTC-e has confirmed it is processing bitcoin withdrawals. Bitstamp has revealed it plans to start processing its customers' bitcoin withdrawals again later today. The exchange halted bitcoin withdrawals earlier this week after it was discovered a bot had launched a massive DDoS attack on a number of bitcoin exchanges. A tweet from the BitStamp this morning read: Bitstamp & Bitcoin core developers have implemented a solution that passes our preliminary tests and audits. News: http://t.co/azGqiX4hqL. - Bitstamp (@Bitstamp) February 14, 2014. Bitstamp issued the following....
A number of banks and financial firms have completed a long-running blockchain test involving a smart contract prototype developed by blockchain firm Axoni, for equity swaps. Following months of testing, enterprise blockchain solutions firm Axoni has revealed a long-running blockchain test processing over-the-counter (OTC) equity swaps. Participating banks include JP Morgan, Citi, Credit Suisse and Barclays. Financial support industry firms IHS Markit and Thomson Reuters, along with consultancy firm Capco also took part in the test. Fortnightly meetings were conducted among participants....
Axoni, a New York-based blockchain startup has announced an $18 million Series A financing round led by banking giant Wells Fargo and Euclid Opportunities, the Fintech investment arm of prominent financial services company ICAP. The funding round was hinted at earlier this week and sees participation from other major banks in Goldman Sachs and J.P. Morgan. Thomson Reuters, F-Prime Capital Partners along with prolific bitcoin- and blockchain-industry investors Andreessen Horowitz and Digital Currency Group also took part in the funding round. Like competitor R3, Axoni’s distributed ledger....
ABEY and the ABEYCHAIN have been awarded the Blockchain Solution of the Year at AIBC Europe 2021. Celebrated on November 16th in Malta, this event honors international emerging tech projects by inviting investors and innovators from the Fintech, Artificial Intelligence, Quantum Technology, Big Data, IoT, and the Blockchain industry. ABEYCHAIN has quickly become one of […]
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027. The recent study also highlights that Kraken is the most influential blockchain company of 2021. Kraken Named 2021’s Most Influential Blockchain Company Numerous research studies have shown the fintech....