Banking and financial markets

Banks and financial institutions using blockchain in cash management and consumer lending, transforming online and cross-border payments processes.

Nordea drives prosperity with a blockchain trading solution

At Nordea Bank, digital innovation means becoming more relevant to our customers. We’ve made good progress in this as a founding partner of the we.trade trade finance consortium. Powered by blockchain technology, we.trade connects buyers and sellers in a trusted, efficient digital ecosystem that streamlines trade across Europe’s borders. Transaction volume has grown quickly since […]

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When are stable coins useful?

Global payments revenue grew by 11 percent from 2016 to 2017, according to the McKinsey Global Payments Report, and is projected to grow a further 9 percent per year until 2022. Counter-intuitively, this can be partly attributed to the declining cost of payments, McKinsey says. As cheaper electronic payments continue to replace cash and cheque, […]

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Central bank digital currency explained

Cross-border payments play an important role in the global economy. According to the World Bank, in 2017, global remittances grew 7 percent to USD 617 billion. Based on the same report, sending just 200 dollars was 7.1 percent of the price, double the sustainable development goal target of 3 percent. Even in developed nations, it’s […]

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What is a central bank digital currency?

From bank hackers to a cashier giving you the wrong amount of change, the current financial system is wrought with both technical susceptibilities and human error. By using blockchain technology to build upon the current framework, a central bank digital currency (CBDC) could lead to improvements on the current payments system while reducing overall costs […]

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The future is crowdfunded

You may have heard about equity crowdfunding as a way of financing a business. Most people have actually participated in crowdfunding before and don’t realize it. If you’ve ever made a donation or tithed, that is a form of crowdfunding known as donation-based crowdfunding. For those history buffs our there, they’ll inform you that the […]

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Episode 8: How blockchain changes the world of financial services

  Listen to this IBM Blockchain Pulse Podcast episode and others on iTunes, Spotify, TuneIn and Stitcher.   Blockchain and the importance of a toolset Karl Muth is a teacher, strategist, speaker and investor. He has spent his career advising, investing in, and starting new companies and wears many hats on both the professional and […]

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How blockchain is driving innovation in financial services

The past three years have seen an astonishing number of blockchain pilots introduced to explore the emerging technology’s potential impact in the banking industry. Of course, even during the most manic days of blockchain hype, it was always clear that only the most thoughtful projects would eventually make their way into production and demonstrate real […]

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Blockchain solutions make financial services fairer, faster

My company, Stronghold, is a financial services provider of native blockchain solutions. When my co-founder and I saw the rise of blockchain platforms, we felt that most were focused heavily on the technology and too far removed from real-world use cases. Bearing this in mind, we’ve applied blockchain technology to traditional fiat currencies. Instead of […]

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The problem with proxy voting — and how blockchain can help

Corporate governance controls how publicly held companies behave. It guides how decisions get made, from setting broad objectives to the smallest internal controls, and helps protect the interests of all the company’s stakeholders, such as shareholders, management and members of the community. All this may sound abstract, but there’s a very real physical forum where […]

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