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 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 […]