Former Deutsche Bank Director Joins Blockchain Firm AlphaPoint
Blockchain solution provider AlphaPoint has announced that banking industry veteran Scott Scalf is joining its executive team. Scalf, who was previously director of trade lifecycle systems at Deutsche Bank Global Technology, joins the firm as executive vice president of development operations. “The financial sector is undergoing a profound technological shift as firms and institutions embrace the blockchain and related technologies. More than ever, it’s important that veteran leadership helps drive innovation in the space,” said Joe Ventura, AlphaPoint's founder. Ventura suggested that,....
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AlphaPoint today, January 21 2016, announced that industry veteran Scott Scalf has joined its executive team. Scalf, who was the former Director of Trade Lifecycle Systems at Deutsche Bank Global Technology, joins the company as Executive Vice President of Development Operations. “The financial sector is undergoing a profound technological shift as firms and institutions embrace the blockchain and related technologies. More than ever, it’s important that veteran leadership helps drive innovation in the space, “With more than 25 years of engineering and management experience, Scott has a....
Deutsche Bank sees The DAO incident as a timely reminder of the importance of testing products before they are unleashed. In 2014 Deutsche Bank launched a series of innovation labs in collaboration with IBM, Microsoft and the Indian outsourcing company HCL. The aim was to improve the bank’s digital banking services. Deutsche Bank’s Blockchain project is now out of the ‘proof of concept’ stage. Deutsche Bank’s labs are based in Berlin, London and Palo Alto. Their Palo Alto lab’s aim is to evaluate emerging technologies from Silicon Valley and apply them to enhance their products. The three....
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the largest fintech application in the country and Alphapoint “supports the frontend and backend infrastructure that powers the wallet and integrates the entire ecosystem.”
Alphapoint to Support Chivo Wallet’s Frontend and Backend Infrastructure
The Central American nation of El Salvador has announced it has appointed Alphapoint to handle the country’s bitcoin....
The German central bank Deutsche Bundesbank, in partnership with Deutsche Börse, has revealed a functional blockchain prototype that trades securities. The Deutsche Börse Group, a marketplace organizer for settling shares and other securities, said the platform is more efficient than traditional standards. German Central Bank Is Developing Blockchain....
The number of banks experimenting with blockchain technology and looking at their own digital currencies is growing by leaps and bounds, so it’s no surprise that Deutsche Bank is well on its way to having its own blockchain technology. In a recent statement, the bank was quoted as saying: “Banks must partner with fintech and digital currency businesses or risk disappearing altogether.” Although Deutsche Bank is a member of the R3CEV consortium of 42 banks that is developing a protocol for blockchain technology for the banking sector, the bank has been quietly running its own blockchain....