In London, Researchers Look at Blockchain Beyond Financial Services
Blockchain applications have gained surprising momentum in the financial services industry. Major banks and financial institutions worldwide have invested in blockchain startups or formed group efforts to test the technology collaboratively. Yet the newsworthy events coming out of the financial industry can sometimes mask blockchain’s potential in other industries that may not be making splashy headlines. Change is slow, but blockchain technology is picking up steam in several other sectors of the economy far away from financial services – and some researchers are looking to explore....
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University College London (UCL) is seeking submissions about Bitcoin and blockchain technology for its 2016 Thesis/Paper Competition. What UCL Wants. Located in central London, UCL is the largest postgraduate institution in the country by enrollment. Its Center for Blockchain Technologies made the announcement looking for “research thesis and research....
American Banker reported that batches ofFinTech startups are relocating to London to engage with large financial institutions and banks through connections from accelerators and mentorships, such as Accenture’s FinTech Innovation Lab, or accelerator Level39. Global investments in FinTech ventures have reached US$12.21 billion, a large portion in London. Sir Edward Lister, chief of staff for the mayor of London, told American Banker: While many U.S-based startups have set their focus on small merchants and consumers, startups in London have pivoted to a model for larger clients, such as....
A two-year-old London-based fintech company investing in the technology behind Bitcoin is targeting to float an IPO on AIM, sub-market of the London Stock Exchange. Coinsilium is a small scale company based in the financial technology hub of London and invests in the blockchain focused companies. The world's first blockchain IPO is scheduled to take place within the next one month and the company will be listed under the ticker: COIN. The group invests in companies which provide blockchain-based services such as wallets, payment gateways, exchanges, security solutions, financial services,....
New York-based bitcoin exchange itBit has hired a securities services and technology veteran to head operations in Europe, the Middle East and Africa. The hire of Jason Nabi comes as the exchange opens a new office in London. Prior to itBit, Nabi worked for major European bank Société Générale as its global business lead for post-trade services. Nabi started his career as a dealer on the London Stock Exchange, and has held senior positions at IBM Global Services, Bloomberg and BNP Paribas Securities Services. He said in a statement: “The industry is at a turning point with distributed....
Mar. 22, 2016 — Researchers and academics across the Isle are proposing the use of its own cryptocurrency, RSCoin. The Vanbex Report is a periodic summary of the blockchain industry’s top news stories from the biggest companies, as well as the most promising newcomers. The proposal, first presented by University College of London researchers, also comes at a time when communities across Britain are weighing whether or not to depart from the European Union (EU) knowing it will disrupt, among other items, trade agreements and potentially the UK’s position as a hub for FinTech innovation.