Crypto Custodians Foresee Growth in Partnerships with Traditional Custodians

Crypto Custodians Foresee Growth in Partnerships with Traditional Custodians

Onchain Custodian CEO predicts more collaboration between traditional and crypto custodians; fellow panelists agree. Alexandre Kech, CEO of Onchain Custodian, predicted that collaboration between crypto and traditional custodians will grow.  Kech’s remarks came during a panel called “Custody: The New Global Competitive Landscape,” part of Consensus 2019 on May 14.Kech observed that crypto custodians are much better at adding new token support to their wallets and are willing to hold a variety of crypto…

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JPMorgan Chase to Add New Features to Blockchain-Powered Network for Global Banks

JPMorgan Chase to Add New Features to Blockchain-Powered Network for Global Banks

JPMorgan Chase’s Interbank Information Network is now used by more than 220 banks around the world JPMorgan Chase (JPM) is expanding the use of its blockchain technology to help reduce the number of global payments rejected by errors, the Financial Times reported on April 21.The United States financial giant is adding new features to its Interbank Information Network (IIN,) which is now used by more than 220 banks around the world. The technology was…

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Forbes Releases List of Billion Dollar Companies Using Blockchain

Forbes Releases List of Billion Dollar Companies Using Blockchain

Finance publication Forbes has released a list of 50 $1 billion firms that are implementing blockchain technology. Financial news outlet Forbes has released a list of “Blockchain’s Billion Dollar Babies,” or companies implementing blockchain technology that have minimum revenues or valuations of $1 billion, on April 16.The list includes companies in the cryptocurrency and blockchain development spaces, in addition to traditional financial firms like banks and clearing houses, food companies, supply chain management firms…

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