Microsoft, USAA Join DC Blockchain Policy Group
Tech giant Microsoft and military-focused banking and insurance firm USAA are among the newest members of the Chamber of Digital Commerce, a policy advocacy group focused on blockchain technology. Founded in mid-2014, the non-profit lobbying group has spent the time since pushing for fair regulation and oversight in Washington, DC for companies working on bitcoin or blockchain applications. The group is led by Perianne Boring, a former Forbes columnist and Capitol Hill staffer. More recently, the Chamber was one of the founding organizations behind the Blockchain Alliance, a public-private....
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Technology powerhouse Microsoft and military-centric banking and financial services firm USAA are the two newest members to join the Chamber of Digital Commerce (CDC), a Washington-based blockchain policy advocacy group. Microsoft and USAA are joining the Chamber of Digital Commerce, a non-profit lobbying group based in Washington, DC working to help build the regulatory framework and policies for the bitcoin community and companies by promoting digital assets and its use. Led by Perianne Boring as its founder and president, the CDC has in recent times launched the Global Blockchain Forum,....
Just hours after announcing that the Texas-based diversified financial services group USAA has in partnership with Coinbase, launched a pilot that allows a randomly selected, limited group of USAA members to view their bitcoin balance on USAA.com and the USAA mobile app, the Bitcoin wallet and instant exchange company has received an overwhelming number of requests from unselected USAA members. The pilot was initially rolled out to USAA employees in September. NEWSBTC.com has learned that the program will run for approximately 90-days from 11/2/2015 - 1/29/2016. On being asked about the....
Victor Pascucci, the head of corporate development at USAA, says blockchain technology is game changer, and that he has not seen many technologies that meet this description during his nearly 20 years in the VC sector. Thus, Pascucci has stated his organization is developing a thesis on the application of the blockchain. So far, the most involved the USAA has been in the blockchain was when it participated in Coinbase’s $75m Series C funding round in early 2015. This move, according to Pascucci, was a part of USAA’s policy of keeping pace with emerging technologies. Following this policy,....
Following a short USAA-Coinbase pilot integration that launched last November, which allowed a small group of USAA members to view their Coinbase bitcoin balance on USAA.com and via the USAA’s mobile app, the American financial services provider has decided to roll out the integration to all members. ‘All members of USAA’. The United Services Automobile Association (USAA) is a financial services group that offers banking, investing, and insurance to people and families that serve, or have served, in the United States military. Hence following the successful pilot scheme between USAA and....
US insurance giant USAA has reportedly begun investing resources into exploring how to incorporate blockchain technology into its infrastructure. As reported by Reuters, USAA is in the early stages of seeing how distributed open ledgers could be applied to its business. The company "has yet to identify how it will implement the technology", according to the news service. However, USAA managing director of corporate development Alex Marquez said it may examine how blockchains could potentially decentralize its back-office operations. Marquez told Reuters that the company has a "serious....