business news

business news

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Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance

Blackstone-owned IT firm Mphasis has partnered with blockchain tech firm Bitfury to automate and tokenize trade finance processes.

shipping, trade finance

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U.K. Exchange Coinfloor Is Getting Paid to Help Crypto Firms Access Banking

Coinfloor will collect a fee for referring reputable crypto startups to electronic money institution Enumis for bank-like current accounts.

Obi Nwosu, CEO and founder of Coinfloor, at CoinDesk Invest (center)

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IBM Blockchain Finance Lead Jesse Lund Is Leaving the Firm

Jesse Lund, IBM’s global head of blockchain for financial services, is no longer working for the company.

IBM_construct_2017

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South Korea's Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance

Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products. 

Shinhan

Finanzen

JPMorgan Adds Privacy Features to Ethereum-Based Quorum Blockchain

JPMorgan has developed a new privacy feature for ethereum-based blockchains that hides both the sender and the amount in a transaction.

jp morgan, banks

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Vroom! F1 Racing Game Offers First Crypto Collectable

F1 Delta Time, a blockchain-based racing game, is offering its first crypto collectable – a unique racecar called 1-1-1.

Screen Shot 2019-05-27 at 9.53.39 AM

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Yahoo Japan-Backed Crypto Exchange Taotao Launches This Week

A new crypto exchange platform in which Yahoo Japan owns a major stake is about to launch after over a year in development.

Yahoo Japan 2

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Want to Know Your Wine Is Genuine? EY Has Built a Blockchain for That

“Big Four” firm EY has built a blockchain platform for a firm that will help consumers determine wines' quality, provenance and authenticity.

wine bottles

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ConsenSys Launches 'Jobs Kit' to Help Devs Enter the Blockchain Industry

Ethereum development studio ConsenSys has launched a blockchain “job kit” to guide developers wishing to enter the growing blockchain space.

Inside ConsenSys in 2016 (CoinDesk archives)

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Security Token Platform iSTOX Admitted to Central Bank Sandbox

iSTOX, a Singapore Exchange-backed security token platform, has joined a regulatory sandbox set up by Singapore's central bank.

Singapore. (Credit: Shutterstock)