Jun 25, 2019 at 16:43
Facebook Libra Coin: Good Samaritan or a Deadstar for All Cryptocurrencies?
The banking industry is worried by Facebook’s announcement about issuing their own cryptocurrency last month. France is going to establish a G7 task force to study how banks can ensure regulations of such digital currency to prevent its usage for money laundering and other illegal activities.
Jun 24, 2019 at 10:36
Italy to Experiment with Blockchain Rules & Regulations
The Central Bank of Italy, the government authority of Italy accountable for regulating the Italian securities market CONSOB (Italian Companies and Exchange Commission), IVASS (Italian Institute for the Supervision of Insurance) and the Ministry of Economic Development (MiSE), are trying to get the applications of financial technology (fintech), blockchain and artificial intelligence (AI) in the financial, credit and insurance industry off the ground but within specific rules and regulations.
May 31, 2019 at 10:58
The Gap Between Traditional Banking & Crypto Could Be Bridged Faster Than You Think
It seems to be in fashion to talk about cryptocurrency adoption and how some established business has decided to accept crypto as a payment method. Yes, all that does help expand the use-case of cryptocurrency as a medium of exchange, but it does not solve a key fundamental problem for crypto. Back in late 2017 and early 2018, cryptocurrency exploded into the consciousness of the mainstream and that put crypto under a very bright, though brief, spotlight.
Interest for Blockchain & AI in Italy Increases Daily
Awareness and interest among Italian citizens, companies and institutions, is increasing steadily, but experimentation is not growing. The finance sector knows advantages of new hi-tech frontiers, like open banking, Bitcoin (BTC), smart contracts, artificial intelligence (AI), cryptocurrency, internet of things (IoT), blockchain and distributed ledger technology (DLT). Albeit, hazards, risks, technical difficulties and lack of necessary skills are major hindrances of growth and development of innovations in the country.
Blockchain to Increase Work Efficiency of Banks in Italy
Financial institutions, including banks, are getting closer and closer to financial technologies (fintech) including cryptocurrency, blockchain, mobile payments and smart contracts, as they realize they have to keep pace with progress to make their work more efficient. A group of experts from Bank of Italy recently published a report dubbed "Banks and Fintech: strategies and business models" to explore the bond.
Dangerous Malware Threatening Italians, Blockchain Could Protect Victims
With cybersecurity still very weak, Danabot, Gootkit, SLoad and Panda (Zeus), are some of the malwares which have been disturbing and threatening people and their computers in Italy, according to Yoroi cybersecurity experts. Sensitive personal data has been lost and it is very hard to be restored. However, if blockchain technology is used, it could help users in to defend and protect their devices from being attacked and threatened by these malevolent malwares.
Blockchain to Make Breakthrough in Italian Banking Industry
Since its creation, blockchain has always caught the attention of various types of people. Many fundamental features of this and other financial technologies can be found in different industries and sectors of the Italian economy. One of the most advanced industries is banking.