According to a survey by State Street Corporation, 94% of the 101 asset managers and owners with $100 billion-plus portfolios said they either have digital assets under management or are planning to add them in 2020.
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Eyeing the future, US Congress moves to define ‘blockchain’ and ‘cryptocurrency’
Senate action on Blockchain Promotion Act seen as vital to growth
The U.S. Senate Commerce, Science and Transportation Committee voted to approve the Blockchain Promotion Act of 2019 on July 12, giving the Commerce Department one year to come up with “a recommended definition of the distributed ledger technology commonly known as ‘’blockchain technology.’”
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Money transmitter SWIFT adds cryptocurrency capability with R3’s Corda
The current bank transaction intermediary is playing catch-up with the speed, but not cost, of blockchain
Bank transaction intermediary SWIFT announced on June 24 that if its current proof-of-concept test is successful, it will incorporate R3’s Corda enterprise distributed ledger technology (DLT) into its new high-speed payment confirmation platform, Global Payments Innovation (gpi).
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Deloitte: Blockchain adoption growing fast in the supply chain industry
Report says blockchain technology use will grow more than 600% in five years
While blockchain technology has only just begun to gain a foothold in the supply chain management industry it will surge dramatically over the next decade, according to a new survey by logistics and supply chain association MHI and consulting firm Deloitte.
