Bitcoin Wallet Blockchain Adds Ex-Barclays Chief to Board
Bitcoin wallet startup Blockchain has added former Barclays Bank group chief executive Antony Jenkins to its board of directors. The appointment is notable as Jenkins served as Barclay’s chief executive from 2012 until mid-2015. There, he was promoted to the top spot in the wake of the Libor scandal, a plot involving numerous banks aimed at manipulating interbank interest rates. With the move, Jenkins becomes the latest financial executive to take an interest in the industry, following heavyweights such as Blythe Masters, CEO of Digital Asset, and Duncan Niederauer, former CEO of the New....
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Blockchain, the Bitcoin wallet company has included Barclay's former CEO Antony Jenkins to its board. The leading Bitcoin wallet and block explorer, Blockchain now has a new board member in the form of Antony Jenkins. The former CEO of English banking giant, Barclays has announced his new position in the cryptocurrency company earlier yesterday. The inclusion of Antony Jenkins as a board member will enable the company to leverage on his years of experience in the mainstream banking and financial sector. Armed with the new-found knowledge, the company will be in a better position to offer....
Barclays, the UK banking company, teamed up with an Israeli startup to carry out the bank’s first Blockchain-based trade transaction. This allowed Barclays to send a transaction within minutes, both cost effectively and securely, rather than using the traditional transaction process which normally takes hours or days. According to Barclays, the transaction was approximately $100,000 worth of dairy products from an Irish food company, Ornua to the Seychelles Trading Company. Baihas Baghdadi, Barclays' Global Head of Trade and Working Capital, states: "We've proved the reality of this....
At the end of Barclays' 13-week fintech accelerator program, the bank announced that it signed contracts with eight participating companies, two of which are involved in blockchain tech. The Flatiron District in New York has been home to the newly-launched Rise fintech laboratory, following Barclays' initiative in London a few months back. "We've done it in London, invested heavily over the past two years to connect the ecosystem there, and we're doing it now in New York City," said Derek White, Barclays chief design and innovation officer to the New York Business Journal. Rise of....
UK banking giant Barclays took another step toward positioning itself at the forefront of innovators in the blockchain sector last week with the news it had become the first to trial Corda, a new distributed ledger platform from partner R3CEV. The prototype, demoed at the Barclays Accelerator in London last week, follows a particularly active period for Barclays, which earlier this month revealed it would provide banking services to blockchain payments startup Circle, and earlier this year, participated in a test of a private version of the Ethereum blockchain with 11 R3 member banks. In....
Of the 10 firms to take part in Barclays' 13-week fintech accelerator program in London, seven are now "exploring opportunities" with the bank, Finextra reports. The Barclays Accelerator program, offered in partnership with the Techstars global networks, includes mentorship and opportunities for financial technology startups to access industry experts, influencers and potential clients. The program, which will soon open also in New York, covers all areas of fintech, from cybersecurity and artificial intelligence to wealth management, investment banking, big data and cryptocurrencies. "At....