The securities commissioner of North Dakota has issued Russia’s Union Bank Payment Coin with a Cease and Desist Order. Continue reading North Dakota Slaps Russian ICO Passing Off as Union Bank AG with Cease and Desist
A sector ready for bounce back…
Blockchain has established itself as a challenger in the Finance sector. Many teams both start ups as well as corporate sponsored are trying to lay ground rules and define the course of evolution of this sector. Continue reading Blockchain in Finance: ICO Market Research, Private Funding Activity, and MnA
In a bid to showcase some of its technological advancement and show its support for the blockchain technology, North Korea has announced plans to hold a blockchain and cryptocurrency conference. This comes on the heels of a similar conference held in August. Continue reading North Korea to Host Another Blockchain and Cryptocurrency Conference
Two European and one Japanese bank one have completed the first blockchain-based syndicated loan.
Together with France’s BNP Paribas and Japan’s Mitsubishi UFJ Financial Group, Spain’s banking behemoth BBVA utilized a private blockchain network in arranging a syndicated loan amounting to US$150 million for grid operator Red Electrica. Initially reported by the Financial Times, legal advisers were also granted access to the private blockchain network allowing instant exchange of information among all the parties to the deal. Continue reading BBVA and Co-Lenders Complete $150 Million Syndicated Loan on a Blockchain
Aeron is a startup firm dedicated to improving aviation safety through a blockchain-based solution. The company has developed the Aeron Pilot app, which records flight history on the Ethereum blockchain. Continue reading Aeron releases app upgrade that enables pilots to create and submit flight plans