Category: financial

Austrac Joins Forces with Australian University to Develop Blockchain Solution for International Funds Transfer

In a bid to make it possible for banks, remitters, and casinos to automate international funds transfer instructions (IFTIs), the Australian Transaction Reports and Analysis Centre (Austrac www.austrac.gov.au) is collaborating with Swinburne University, a leading educational institution located in Melbourne, Australia, to trial blockchain technology, reports ZDNet on February 24, […]

Japan’s Second Largest Bank Completes Blockchain Trial On R3 Platform

Sumitomo Mitsui Banking Corporation (SMBC) has completed a successful proof of concept on R3’s Marco Polo trade platform, according to a press release dated February 18, 2019. Done and Dusted A successful proof-of-concept (PoC) has been completed by Sumitomo Mitsui Banking Corporation (SMBC), Japan’s second-largest bank by assets, as performed […]

Japan Could Soon Realise the Crypto-ETF Dream

Japan is reportedly gathering information about the amount of interest there is among institutional investors for a cryptocurrency ETF which has the potential to lead to the approval of cryptocurrency-based ETFs in Asia’s second-largest economy. Ths according to a report from Irish Tech News, February 18, 2019. Do Investors Want […]