banks | ForkLog

ForkLog 35 22.01.2016

Russia: Former Minister for Finance and Sberbank Chairman Speak about Blockchain’s Potential

During the business lunch at Sberbank of Russia, the bank’s chairman German Gref and former minister for finance of Russia Alexei Kudrin shared their vision of blockchain’s potential in Russia. In particular, they described the way the technology could possibly alter the country’s public management. According to Interfax Russia, Alexei Kudrin said: “Basing on what […]

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ForkLog 59 21.01.2016

R3 Tests Blockchain for Banking Institutions

New York-based blockchain startup R3CEV leading a consortium of 42 major banks and financial institutions announced it had finalized technology testing with eleven members of the group.

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ForkLog 38 19.01.2016

Russia-based Bank to Launch a Blockchain Accelerator

According to an article posted by Bankir.ru, Tatfondband creates a fintech lab in Kazan (Tatarstan, Russia) in cooperation with venture investment fund Life.SREDA. The companies expect the companies selected for acceleration will engage in development of blockchain-related services.

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ForkLog 101 14.01.2016

Ukraine’s PrivatBank continues its Bitcoin promotion efforts

Today Ukrainian largest private bank PrivatBank posted an interview about Bitcoin and blockchain with Nicolas Cary from Blockchain.info on the main page of its online banking service Privat24. The bank also sent a newsletter to its customers inviting them to watch the interview.

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ForkLog 37 04.01.2016

The Banks and the Blockchain

The year 2015 has certainly become the year when major banks finally faced the fact that innovations cannot be overcome, and that the old system is in decline.

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ForkLog 36 18.12.2015

People’s Bank of China: Banning Bitcoin is out of Question

Despite some fears circulating for a while in the community, the Chinese goverment has no intent of banning bitcoin.

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ForkLog 59 15.12.2015

Blockchain and the Human Resources Problem

The advent of blockchain is considered by some to be among the greatest breakthroughs in the e-banking realm. Those â€śsomeâ€ť include, for instance, experts from the Financial Times, or even officials from major banks. However, there is a significant downside to it all, as the technology may eventually deprive thousands of people from their jobs. […]

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ForkLog 56 14.12.2015

PrivatBank Becomes the First Ukrainian Bank to Integrate Bitcoin

Ukraine’s biggest private bank PrivatBank launched a service for cryptocurrency payments. The first company to integrate this new service is online store Allo.

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ForkLog 99 10.12.2015

SWIFT Announces Possible Implementation of the Blockchain in Its Correspondent Banking Services

SWIFT, the international communications platform for international banking, announced a possible “roadmap” that might include the blockchain technology. As for now, they speak of improving the correspondent banking area. According to the statement, the organization expects the amendments to become effective as of early 2016.

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ForkLog 57 10.12.2015

Russia’s Biggest Bank Considers Implementation of the Blockchain Technology

Sberbank, Russia’s biggest state-owned bank, is planning to join R3 in order to develop its services with the blockchain technology. This was announced by the bank’s deputy chairman, Leo Khasis, in an interview to Kommersant.

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ForkLog 64 04.12.2015

Major Ukrainian Bank to Work with Bitcoin

One of Ukraine’s biggest banks, PrivatBank, announced finalization of testing period for a service providing merchants with an option of accepting bitcoins for their goods. The service is quite usual for the crypto-space, as it transacts hryvnias (Ukrainaian national currency) to the merchant’s account in case of local acquiring, or Euros in case of international […]

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ForkLog 46 03.12.2015

Goldman Sachs Calls for Recognizing Prospects of the Blockchain Technology

The international bank Goldman Sachs issued a note to its clients listing seven prospects, or, as the authors put it, “themes, dreams, and flying machines”. Those prospects are the most promising new trends and tendencies that the bank recommends its investors to carefully heed. And the first on the list is the blockchain. Goldman Sachs […]

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