CoinDesk, 1/1/0001 12:00 AM PST Bitcoin markets could see "a series of failed rallies" in the period ahead, according to one major bitcoin hedge fund. |
Bitcoin Magazine, 1/1/0001 12:00 AM PST |
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Business Insider, 1/1/0001 12:00 AM PST The rapid growth of the financial technology industry continued in 2016 thanks to multiple financial industry trends and several major fintech investments. Given all this growth, it's necessary for anyone in the financial industry to stay aware of the latest trends in order to get ahead of the pack, specifically for those who work with blockchain. Fortunately, there are dozens of conferences, expos, and seminars that exist to bring together decision makers and other influential people and catch them up on the latest blockchain trends. Below, we've compiled a chronological list of all the best blockchain conferences, expos, bootcamps, and more for 2017. Ignition UK: Future of FintechWhen: March 15, 2017 Where: King's Place, London, England Summary: For anyone who works with money—banking, lending, insurance, payments or wealth management—there’s no escaping the onrush of technologies aimed at disrupting the financial world’s lucrative status quo. Known collectively as fintech, the global insurgency focuses venture capital-fueled, Silicon Valley-style innovation on some of the world’s most powerful companies and institutions. IGNITION UK: Future of Fintech will range across the brave new world of money, featuring deep dives into key areas of disruption and spotlights for the most exciting new companies. Leveraging London’s leading role in the fintech revolution, the full-day event will bring together 300 entrepreneurs, investors, and finance industry executives, featuring fascinating speakers from both sides of the Atlantic. IGNITION UK: Future of Fintech is an extension of Business Insider's IGNITION: Future of Digital conference, held annually in the heart of Midtown Manhattan. For 2017, we’re extending the IGNITION brand with a new event and a new location! London Blockchain WeekWhen: January 20 to January 26 Where: London England Blockchain ExpoWhen: January 23 to January 24 Where: Olympia, London, England Finance DisruptedWhen: January 25 Where: London, England Asia Mobile Commerce and Card-Linking ForumWhen: February 7 Where: Tokyo, Japan The Blockchain EventWhen: February 9 Where: Fort Lauderdale, Florida Global Summit on Blockchain in the Energy SectorWhen: February 13 to February 15 Where: Vienna, Austria Blockchain & Smart Contracts 2017When: February 20 to February 22 Where: Berlin, Germany d10e: The Leading Conference on DecentralizationWhen: February 21 to February 22 Where: Bucharest, Romania Distributed: MarketsWhen: February 27 Where: Atlanta, Georgia The Blockchain Africa ConferenceWhen: March 1 to March 3 Where: Johannesburg, South Africa Digital Finance World 2017When: March 1 to March 3 Where: Frankfurt, Germany CoinAgenda CaribbeanWhen: March 3 to March 5 Where: San Juan, Puerto Rico Lendit USA 2017When: March 6 to March 7 Where: New York City Reinventing Retail: Mobile and Multi-Channel CommerceWhen: March 7 Where: Dallas, Texas APAC Blockchain Conference 2017When: March 7 to March 9 Where: Sydney, Australia DC Blockchain SummitWhen: March 15 to March 16 Where: Washington, DC Blockchain Finance & FinTech China 2017When: Shanghai, China Where: March 16 The Healthcare Blockchain SummitWhen: March 20 to March 21 Where: Washington, DC Blockchain: Debt Capital MarketsWhen: March 21 Where: London, England Blockshow Europe 2017When: April 6 Where: Munich, Alte Kongresshalle Oslo Blockchain DayWhen: April 17 Where: Oslo, Norway Blockchain & Bitcoin Conference RussiaWhen: April 19 Where: Moscow, Russia BlockOn 2017: Reengineering FinanceWhen: April 25 to April 26 Where: Singapore Mobile Commerce and the Internet of Commerce ThingsWhen: April 26 Where: Redwood City, California Blockchain 360When: May 16 to May 18 Where: Santa Clara, California Blockchain & Bitcoin Conference PragueWhen: May 19 Where: Prague, Czech Republic Consensus 2017When: May 22 to May 24 Where: New York City CoinsBank Blockchain Cruise 2017When: May 25 (9 nights) Where: Departs from New York City for Bermuda and the Caribbean Money 20/20 EuropeWhen: June 26 to June 28 Where: Copenhagen, Denmark London Fintech WeekWhen: July 7 to July 14 Where: London, England Retail in the Age of Artificial Intelligence and Commerce BotsWhen: September 12 Where: Chicago, Illinois Blockchain & Bitcoin Conference KievWhen: September 21 Where: Kiev, Ukraine
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Business Insider, 1/1/0001 12:00 AM PST Seven major banks have signed up to a new project aimed at increasing global trade among small and medium-sized businesses using blockchain, or distributed ledger, technology. Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit have all signed up to a Memorandum of Understanding, signalling that they will work together to develop and commercialize a new product called Digital Trade Chain (DTC). All the banks participating in the DTC project are equal investors and have each put in a six-figure sum. Andrew Betts, Head of Global Trade and Receivables Finance at HSBC, told Business Insider: "What we like very much is the collaboration approach. We've been advocates of the industry working together and blockchain has been very much front of mind. We really, genuinely pool our resources and expertise in terms of what we know about this technology so we can generate benefits for clients." DTC is based on a prototype trade finance tool developed by Belgian bank KBC, which uses blockchain technology to connect all parties involved in international trade — buyers, sellers, transporters, banks financing the deals on either side etc. International trade is currently a disparate and convoluted process where each party deals directly with generally only one other participant, rather than seeing the whole process. Betts says: "What we're trying to do is get something that is simple, fast, efficient, and secure for customers to be able to trade within a secure platform. By using a strong, secure, authorised and closed network, enabled through blockchain, it will enable the customer to initiate transactions digitally, be it online or through mobile devices, and then be able to track those transactions all the way through from commitment to pay, settlement, notification, and so on." Betts said he hoped to have a version of the project launched to clients by the end of the year. The DTC project is the latest example of talk developing into action in the blockchain space. Banks around the world have been talking about the potential of blockchain to transform finance for almost two years now but the technology is only just beginning to filter through into concrete projects. Blockchain technology, also known as distributed ledger technology, is a form of shared database originally developed to underpin the digital currency bitcoin. It enables all parties to see the same version of a ledger and uses complex cryptography and group authentication to police the editing of the ledger. It will enable the customer to initiate transactions digitally, be it online or through mobile devices, and then be able to track those transactions all the way through — Andrew Betts, HSBC The technology was originally developed to do away with the need for a central bank for bitcoin, meaning it could be totally independent. But this feature has almost endless applications for other industries and processes that involve a trusted middleman or central authority and banks have been particularly keen to apply it. Blockchain's inbuilt security and trust checks mean banks can cut out middlemen in processes like settlement and clearing and instead deal directly with each other. This, in turn, cuts down costs. Santander estimated in a 2015 report that the technology could save banks as much as $20 billion. The seven banks say in a statement announcing the collaboration that the DTC will "address the challenge of managing, tracking, and securing domestic and international trade transactions." By allowing real-time monitoring of various parties on the blockchain, the product will reduce paperwork and increase transparency. Last year the Commonwealth Bank of Australia and Wells Fargo used blockchain technology for a "proof of concept" test on international trade, with two parties using the tech to buy a cotton shipment. The banks involved in the project will promote it in different areas: KBS in Belgium and Luxembourg; Natixis and Société Générale in France; Deutsche Bank and UniCredit in Germany; UniCredit in Italy; Rabobank in the Netherlands; and HSBC in the UK. Join the conversation about this story » NOW WATCH: The Property Brothers teach the actual meaning of tricky real estate 'code words' |
CoinDesk, 1/1/0001 12:00 AM PST The world's largest GBP bitcoin exchange has announced it will adopt a 'no-fee' trading policy starting later this week. |
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