• As cool as this may seem, trading power on the blockchain should hopefully not look like this (via Pixabay).
    Technology

    Fujitsu’s blockchain project lets consumers trade electricity with each other

    B-to-B sales by power customers can take the strain off the grid and encourage green energy production

    A new blockchain-based energy trading platform that encourages corporate energy consumers to trade power among themselves when the grid is strained by high demand led to a 40 percent improvement in efficiency in a simulation, Japanese multinational Fujitsu announced on Jan. 30.

  • If SWIFT had a storefront in Ukraine, this would be their shingle (via Shutterstock).
    Ripple,  Technology

    R3/SWIFT deal threatens to bring back an old conflict

    Partnership still won’t bring DLT’s decentralization to the decades-old industry

    Enterprise blockchain provider R3 will partner with SWIFT, the service banks have long used to process secure interbank payments, to bring distributed ledger technology to the most powerful middleman in the financial world..

  • Wall Street
    Cryptocurrencies

    Fidelity, Gemini announcements bring cryptocurrency investments closer to the mainstream

    Fidelity will begin securing Bitcoin wallets while Gemini passed a tough examination of its security services by Deloitte

    Cryptocurrency supporters eager to see the business break into the financial mainstream had a pair of good signs on Jan. 30, as Fidelity Investments announced a timeframe for its Bitcoin custody service, and the Gemini exchange became the first exchange to pass a tough third-party test of its security offerings.

  • Bitcoin Rupees
    Asia & Australia,  Technology

    Indian banks turn to blockchain to bring credit to underbanked companies

    11 banks create Blockchain Infrastructure Company to make credit cheaper and easier for micro- to medium-sized businesses

    A group of 11 Indian banks have joined together to create a blockchain-based digital ledger system aimed at improving access to credit for micro-, small-, and medium-sized businesses.