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Richard G. Brown, CTO of the financial innovation firm R3, confirmed Tuesday in a corporate blog post that the company and its member banks are collaborating on a distributed ledger platform for financial services called Corda. Designed to record, manage and synchronize financial...

On Tuesday, Delaware Governor Jack Markell announced the creation of the Delaware Blockchain Initiative, a series of programs designed to foster expanded use and development of distributed ledger and smart contract technologies by state-incorporated companies. The state is...

New research from the Jacobs Technion-Cornell Institute argues that bitcoin must be restructured at its very core in order to compete as a mainstream payment system. “Bitcoin is soon going to reach the limits of its transactional throughput,” said Ari Juels, a co-founder of the...

Microsoft and the R3 Consortium announced Monday a strategic partnership that will speed up the use of blockchain technologies among R3 member banks and global financial markets. As part of the agreement, Microsoft Azure will be the preferred cloud services provider for the R3...

Overstock announced last week a strategic investment in Bitt, a financial technology company that aims to encourage Caribbean island countries to adopt digital national currencies. The Utah-based online retailer is investing $4 million in Bitt initially. “A major impediment to...

London-based blockchain development and investment company Coinsilium will be holding its inaugural Blockchain Tech Lab April 11-17 at Runway East in Finsbury Square. The press release sent to CoinReport explained the event will consist of a series of developer-focuse...

Financial services firm First Global Credit will be hosting a new bitcoin trading competition starting April 4th, according to a press release sent to CoinReport. The competition entails traders generating the most profit by using bitcoin. Each trader is given a free account with...

Stratumn, a Paris-based startup that develops platform-as-a-service for developers interested in the blockchain, has raised €600,000 ($670,000 USD) from Otium Venture and business angels, such as Ledger Wallet CEO Eric Larchevêque, reports TechCrunch. Developers can create,...

Regulators around the world are moving closer to regulating the financial technology sector, which includes blockchain technology, to make sure the sector’s rapid growth does not present risks to the financial system, reports Reuters. The Financial Stability Board (FSB), which...

Earlier this week, J. Christopher Giancarlo, a Commodity Futures Trading Commission commissioner, said that if blockchain technology had been around in 2008 and used by Lehman Brothers, then the investment bank bankruptcy that spurred the economic downturn would never have...