Everyone is a bank with Babb’s blockchain plan
London-based fintech start-up Babb App says it is creating a bank based on a “permissioned” blockchain implementation of a distributed ledger using Ethereum smart contracts. The Babb banking platform will operate a decentralised information model to “minimise costs while maximising data fidelity and security” – i.e. the usual suspects. It expects to do a soft […]
Thomson Reuters launches new blockchain tech for developers
Thomson Reuters has launched BlockOne ID to let developers build applications in a controlled environment with blockchain. BlockOne ID (for Ethereum) is an experimental user-entitlement framework through which decentralised app (DApp) owners can manage access to their blockchain contracts. Thomson Reuters says it uses traditional methods to authenticate users and provides a mechanism for DApp […]
In third parties we (mis)trust?
Technology is transforming trust to the point that people find themselves trusting others with whom they’ve had no experience, on eBay or Facebook, more than banks they’ve dealt with their whole lives.
Bitcoin is the poster child of the cryptocurrency world, but it’s not alone. Michael Mainelli and Bob McDowell take a look at the real-world implications of the rise of AltCoins