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Sydney Stock Exchange Taps Blockchain to Fight ASX Monopoly

By Editorial Staff | Sep 15, 2016

The Sydney Stock Exchange (SSX) is moving forward with a plan to use blockchain to instantly settle and clear transactions, in a bid to avoid high fees charged by the Australian Securities Exchange (ASX) as well as modernize its technology. Read more at CoinDesk    

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‘Big Four’ Firm KPMG Talks New Blockchain Services Suite

By Editorial Staff | Sep 15, 2016

KPMG has launched a suite of tools designed to help banks build with blockchain in a compliant way, based on Microsoft’s blockchain technology. The firm is also offering a range of services, from business case development to systems and operations integration. Read more at CoinDesk Photo by SolvencyIIWire

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Big Banks Invest $55 Million in Blockchain Startup Ripple’s Series B

By Editorial Staff | Sep 15, 2016

Ripple raised $55 million from banks, including its own customers, and in a change for previous growth strategies, is considering making acquisitions. Notable investors include Standard Chartered, Accenture Ventures, SCB Digital Ventures, the venture arm of Siam Commercial Bank and SBI Holdings. Read more at CoinDesk

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Quote of the Day

By Editorial Staff | Sep 14, 2016
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Singapore and Switzerland in fintech collaboration

By Editorial Staff | Sep 12, 2016

THE Monetary Authority of Singapore (MAS) and the Swiss Financial Market Supervisory Authority (Finma) have signed an agreemen so thach fintech companies in Singapore and Switzerland to expedite initial discussions on introducing new fintech solutions in each other’s market and understand regulatory requirements, Read more at Business Times  

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Ant Fortune: Wealth Management for small investors

By Editorial Staff | Sep 12, 2016

Ant Fortune, which began its online wealth management service from Yu’ebao, the largest monetary fund in China, said that it would launch a so-called 4S solution to better serve grassroots investors who lacked a deep understanding and experience in wealth management. Read more at Finews.asia  

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The Trend Towards Blockchain Privacy: Zero Knowledge Proofs

By Editorial Staff | Sep 12, 2016

George Samman, former CMO of Fuzo, looks at how solutions like zero knowledge proofs could preserve privacy on blockchain platforms, while achieving speed and scalability. Read more at CoinDesk  

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Blockchain Bootcamps are Flourishing

By Editorial Staff | Sep 12, 2016

Banks and insurers are starting to tinker with the blockchain, as a tool to record transactions and asset transfers, and venture capitalists investing more than $1.1 billion in related startups. But there aren’t enough developers who have mastered the blockchain software. Read more at Bloomberg

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SLUSH SINGAPORE ANNOUNCES TOP 45 STARTUPS

By Editorial Staff | Sep 10, 2016

The 45 startups competing in the Slush Pitching Competition x Channel NewsAsia are selected. They come from 10 countries: Australia, Hong Kong, Israel, Malaysia, New Zealand, Philippines, Saudi Arabia, Singapore, South Korea, and USA. Read more at Slush.org

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