Financial Services

What Is Wanchain? Wanchain is a cross-chain blockchain infrastructure designed to facilitate asset transfers and host dApps for the financial industry. From investments to banking, payments, and more, Wanchain hopes to replace legacy…

After ten years of watching from the sidelines, Wall Street is dipping more toes into the crypto world. Bank of America is the latest legacy financial institution to test the waters. On Tuesday the bank was awarded a patent for "systems…

Ripple has been making waves the past month by offering on-demand liquidity to banks for transnational settlements using XRP, but not everyone's happy. Although the new platform could significantly boost volume for the No. 3 ranked crypto…

You've heard of the Dow Jones Industrial Average, the NASDAQ Composite and the S&P 500. There are also crypto indices, like those by Coinbase and Galaxy Digital. And now there's one more. On Thursday, SharesPost launched the…

Samsung SDS is partnering with Dutch banking giant ABN AMRO to improve logistics processes at Port of Rotterdam in the Netherlands, the largest port in Europe. And with good reason. Imagine having to fill out 200 paper documents when…

It's been 10 years since anonymous Satoshi Nakamoto started a decentralized revolution with the Bitcoin (BTC) whitepaper, and over that time the peer-to-peer, open-source network has climbed to $112 billion in market capitalization. But…

Smart contract insurance is still a long way off, but one Bitcoin hodler is protecting his gains the old-fashioned way.  An Ohio man is attempting to claim $16,000 of stolen Bitcoin under his Homeowner’s Policy, justifying the claim under…

The National Bank of Kuwait (NBK), one of the largest banks in the Middle East, could be about to go live with Ripple's xCurrent payment solution in the coming weeks. A source familiar with the matter told Crypto Briefing in an email…

Management guru Peter Drucker has a simple definition for business: "It's other people's money." And when it comes to their wallets, apparently more people around the world are having less confidence in traditional banks. A whopping…

It's no secret there's trillions of dollars on the sidelines — just waiting for the right time to wade into unchartered waters of cryptocurrencies. Thanks to Fidelity's new company, Fidelity Digital Assets, institutional investors can do…

Instead of mortgaging your house, you might be able to mortgage your crypto. SALT Lending, the first platform for blockchain-backed cash loans, announced its expansion to new states and countries earlier today. The Colorado-based lending…

“What is the killer app going to be?”  Vitalik Buterin asked aloud in 2015, echoing the sentiment of many blockchain believers. Three years and a colossal bubble later, that question still doesn’t have a satisfactory answer, and many cynics…

One of China’s largest insurance companies is seeking blockchain applications to reduce information asymmetries in the insurance industry. The People’s Insurance Company of China, the country’s largest issuer of casualty insurance and the…

Crypto lending platforms are still in surprisingly short supply, given the size of the market opportunity. Buying the dip may have left you a little short for the rest of the year: so you could cash out, potentially missing out on those…

Trading stocks on the blockchain just got one step closer. Swarm, a blockchain for equity and security tokens, today announced a protocol to ease the process of ensuring compliance.  The Market Access Protocol (MAP) provides a “streamlined…

The decentralized lender ETHLend has listed the gold-backed cryptocurrency, the Digix Gold token (DGX), on its platform; enabling borrowers to effectively use gold as collateral for blockchain lending. The new listing announcement was…