One of the most well-known business schools in the world has announced that they have recently added an online course focusing on financial technologies which include digital currencies. The online course was named as FinTech and Applications of Financial Technologies. The school then commented, “Knowledge of our renowned Wharton faculty providing real-world knowledge to the benefit of learners around the globe.”
Blockchain startup founded By Hyundai, Hdac Technology and TODAQ (a global fintech firm which operates its TODA Protocol in Asia, Middle East and Europe) have entered into partnership to develop blockchain projects for mutual benefits. TODAQ CEO & co-founder BuYoung Yun said, “We expect this agreement Hdac will bring both companies greater competitiveness in the development of decentralized business solutions and global expansion,”
The Hong Kong’S Fintech Association which represents the country’s local and global Fintech community has recently welcomed its newest member, Cardano Foundation. In an announcement made in Cardano’s Foundation social media have shared, “Cardano Foundation is proud to announce that they have joined the Fintech Association of Hong Kong as its newest member.”
Germany has recently revealed that it will come up with a blockchain strategy within year. The aim of this exercise will be to make financial markets in Europe secure, unified and more accessible nad further enable the commercial industry to take advantage of the developments in blockchain and similar technologies. The European Union last March, 2018 announced its its Fintech Action Plan.
A FinTech company headquartered in Japan, SoramitsuCo., Ltd have confirmed that it has successfully developed a blockchain platform which considered as another achievement in the company’s development. The production-ready version V1.0 of the Hyperledger Iroha blockchain framework has been released by the firm in collaboration with Linux Foundation.
A fintech company based in South Korea, Dunamu, has shared that they have invested approximately $46 million worth of investment for 26 blockchain startups last year. The CEO of Dunam, Ryan Lee then explained their vision in blockchain space, “Our goal is to contribute to the healthy growth of the blockchain ecosystem by actively investing in startups with world-class technology and services with potential for real-life implementation.”
JPMorgan Chase has discreetly replaced the blockchain technology behind its JPM Coin cryptocurrency. Harris, who previously ran JPMorgan’s fintech and InResidence incubator program explained, “If you think through JPM Coin as the ability to tokenize fiat currency, with the support and all the discipline and rigour and legal and compliance behind one of the world’s largest banks, I think you can see us using JPM Coin in certain use cases”
A blockchain platform called Borna is currently under the development stage by Iran’s Central Bank with the collaboration from blockchain solutions platform, Areatak. The CEO of Areatak, Saeed Khoshbakt explained, “Our wish is that simply by establishing their operations on Borna, businesses will have automatically gained the central bank’s initial license, which will be major progress for the fintech .”
Coinme, a blockchain financial technology company announced the launch of more kiosks where Bitcoin can be bought in over various locations in the U.S. It has collaborated with Coinstar, a company that operates self-service coin-counting kiosks. The duo has launched kiosks where Bitcoin can be purchased in across U.S.A. The kiosks could only be found in 70 locations such as Albertsons and Safeway locations across California, Texas, and Washington.
One of the largest bank in terms of total assets in Japan, the Sumitomo Mitsui Banking Corporation (SMBC) will be launching blockchain-powered trade finance services. The managing director of Marco Polo, Danie Cotti explained, “Today, we have the resources and technology to transform the way banks serve their trade finance customers and enable easier access to credit while minimizing risk and increasing transparency.”