Bank Tech Provider Sinodata Calls for Blockchain Collaborations
Bank technology provider Sinodata opened the second annual Global Blockchain Summit this week with the announcement that it seeking to collaborate with blockchain startups. The Beijing-based software development firm was the first of several major Chinese companies set to take the stage at the event, which will see participation from firms including Tencent-backed Webank, auto giant Wanxiang and blockchain consortium ChinaLedger. In remarks today, Sinodata chairman Yedong Zhu discussed how it is seeking to build an ecosystem of Internet-based financial applications, and that it believes....
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The storage of Electronic Health Records (EHR) in the United Arab Emirates could soon be revolutionized after the development and implementation of storing patient records on a blockchain. A partnership between UAE Telecom du, a telecom and broadband provider and NMC Healthcare, a major private healthcare provider in the region will be the first to introduce blockchain technology into the management of patient information within the UAE, according to a report by regional tech publication ITP. Some of the core characteristics of blockchain technology, including data integrity and....
A few weeks ago, nine large global banks announced their plans to embark on an industry-wide blockchain tech development project. These include the likes of JPMorgan, Goldman Sachs, Barclays, Commonwealth Bank of Australia, Credit Suisse, and UBS. These banks are now joined by thirteen more well-known institutions, namely Bank of America, BNY Mellon, Citi, HSBC, Morgan Stanley, Commerzbank, Deutsche Bank, National Australia Bank, Royal Bank of Canada, SEB, Societe Generale, and Toronto-Dominion Bank. Blockchain Tech in Finance. "The addition of this new group of banks demonstrates....
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May. Jamaica is the latest country making concrete efforts towards issuing its own sovereign digital currency.According to a press release by the Bank of Jamaica on Tuesday, eCurrency Mint, a cryptography security company specializing in central bank digital currency issuance has been selected as the technology provider for the sovereign digital currency project.As previously reported by Cointelegraph, Jamaica’s central bank invited technology solution....