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Global effort to standardize distributed ledger technology

By Editorial Staff | Sep 10, 2016

The International Securities Association for Institutional Trade Communication (ISITC) and Hyperledger are teaming up to talk blockchain standards in Europe next week. Co-chair of the ISITC Blockchain Distributed Ledger Technology (DLT) Working Group, Gary Wright says he’s prioritized working with other standards bodies and consortia like Hyperledger to minimize overlap. Read more at CoinDesk  …

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National University of Singapore to debut Smart Contract Debugger

By Editorial Staff | Sep 8, 2016

Researchers from NUS will soon open source a tool designed to evaluate ethereum smart contract code. Called Oyente, the program has been reportedly used to successfully pinpoint bugs in thousands of smart contracts, including the one that led to the failure of The DAO. Read more at CoinDesk

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BNY Mellon is Backing Up Bank Transactions With Blockchain Tech

By Editorial Staff | Sep 8, 2016

BNY Mellon has developed a trial system which leverages the blockchain in order to create a backup record for brokerage transactions. Some suggests that running blockchain solutions in the background provides an avenue for gathering data and experience with the technology. Read more at CoinDeskPhoto by wwward0

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Barclays Completes Blockchain Trade Finance Transaction

By Editorial Staff | Sep 8, 2016

Barclays has completed a blockchain trade finance transaction with incubator graduate Wave. Its two partners (agriculture co-operative Ornua and food product distributor Seychelles Trading Company) were able to successfully transfer trade documentation via a blockchain platform created by its accelerator program graduate, Wave. Read more at CoinDesk   Photo by Dominic’s pics

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Hong Kong’s Central Bank to Test Blockchain

By Editorial Staff | Sep 8, 2016

Hong Kong’s de-facto central bank intends to launch an innovation hub that will test blockchain solutions. The HKMA said it sees the innovation hub as playing a role as a “neutral ground” for the testing of financial technology prior to its eventual release. Read more at CoinDesk  

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BNP Paribas Opens Lab to Boost Productivity With Blockchain

By Editorial Staff | Sep 8, 2016

BNP Paribas has unveiled a new Innovation Lab with a blockchain focus. The 5,000 square foot Innovation Zone is on the 30th floor of BNP’s offices, where 2,500 employees work. Eventually, the lab will house the work of six task forces, which will also work on AI and big data. Read more at CoinDesk Photo by…

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The Fight for On-Blockchain Bitcoin Scaling Soldiers On

By Editorial Staff | Sep 8, 2016

A web conference this week found a notable selection of industry thought leaders exploring lesser-publicized solutions for bitcoin scaling, including hard fork and scientific approach. Read more at CoinDesk Photo by zcopley

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Bank Veterans Raise $1.5 Million for Digital Asset Startup

By Editorial Staff | Sep 7, 2016

Digital asset trading service Crypto Facilities has raised $1.5m in new funding. Read more at Bank Veterans Raise $1.5 Million for Digital Asset Startup Photo by cafecredit

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Microsoft Azure’s CTO Wants Blockchain to Connect Every Industry

By Editorial Staff | Sep 7, 2016

Microsoft Azure’s CTO Mark Russinovich envisions a world where every industry is connected by a blockchain consortium. Read more at CoinDesk

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