ECB Executive Places Europe As Leader In Blockchain Technology
The European Central Bank is engaged in “experimental work” on blockchain technology. As some banks have warned, the technology is still too new to know what real world uses it has. But, according to an ECB executive board member on Monday, the central bank is researching how the technology could apply to modern financial systems. Member of the Executive Board of the ECB, Yves Merch, confirmed the ECB is investigating blockchain technology and how it could be adopted by the euro zone’s central banks. “From a central bank perspective, in the context of our strategic reflections on the....
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Former JP Morgan executive Blythe Masters spoke at the ASIC Annual Forum in Sydney, Australia on Tuesday, saying the country could become a leader in the distributed ledger industry, most notably with her current project with the Australian Securities Exchange (ASX). Masters believes Australia will be a leader in the distributed ledger environment....
Global services powerhouse PricewaterhouseCoopers (PwC) has announced the assembling of a new global technology team studying Bitcoin’s blockchain. The world’s largest professional services firm has recruited 15 leading technology specialists to ‘exploit and commercialize’ Bitcoin’s blockchain, a press release stated. The now 15-member team is also expected to more than double over the course of 2016. Based in PwC’s Belfast office in Northern Ireland, the team could see a rise to over 40 digital and technology specialists this year. The firm’s decision to invest in blockchain technology....
Recently, Bitcoin.com reported on the 2016 Gartner Hype Cycle, which placed blockchain technology at the “Peak of Inflated Expectations.” Now, a senior official from Gartner suggested that distributed ledger technology is “over-hyped.” Gartner Executive Peter Sondergaard Says ‘Blockchain Technology Is ‘Over-Hyped Right Now’. Gartner’s senior VP for....
The global business consulting and technology services provider Synechron conducted a survey in cooperation with capital markets research firm TABB Group on the topic of blockchain technology in financial services. Over 200 senior-level financial services and technology decision makers across the U.S., U.K. and Europe were interviewed for this survey. The outcome of the survey suggests that the vast majority of financial institutions believe in the potential of blockchain technology and that it will be in everyday use in the financial industry within the next 10 years. Of the surveyed....
The Bitcoin ecosystem extends far beyond the realm of finance and money; there are so many use cases for the blockchain technology underpinning the digital currency. While developers and engineers try to come up with creative ways to integrate the blockchain into our daily lives, various conferences are taking place all over the world, which could have implications for Bitcoin and its technology. Crowdsourcing Week Europe 2015 is a premier event that may be of great interest to digital currency enthusiasts. This four-day conference, which takes place in Brussels, Belgium, will highlight....