Materials by tag Banking

Apr 12, 2019 at 12:41
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.
Apr 07, 2019 at 13:23
Banca Mediolanum Uses Blockchain for Non-Financial Declaration
Banca Mediolanum, one of the largest financial institutions in Italy, has proclaimed that it has certified the non-financial viability (hash) of the Non-Financial Statement (DNF) on the Ethereum (ETH) Blockchain.
Mar 26, 2019 at 10:19
Why Cryptocurrency & Banks are Inseparable
The coordination between banking institutions and cryptocurrency is still uncertain. Crypto exchanges don’t believe in creating connections with banks to avoid losing their identity, though sometimes its appears that they are inseparable.
Mar 25, 2019 at 15:39
UniCredit Makes First Transaction via Blockchain in Italy
The blockchain technology has continued to be massively used in banking processes across the world. In Italy, UniCredit has finally made the first commercial transaction via the blockchain. Using the We.Trade platform, UniCredit has allowed the metal packaging manufacturer ASA Group to buy a tinplate game from its supplier, Steelforce, which was supported by KBC Bank based in Belgium.
Mar 24, 2019 at 13:13
Bank of Italy Calls Bitcoin Useless, Risky and Inefficient
Recently, the Central Bank of Italy published a report against digital currencies including Bitcoin (BTC), defining them as dangerous, useless, speculative and inefficient. The bank is not happy with how cryptocurrencies are being used.
Mar 12, 2019 at 12:44
Cryptocurrency Exchange in Brazil Gets $350,000 from Santander in Court Order
A court of justice in Rio de Janeiro, Brazil, has ruled in favor of a local cryptocurrency exchange Mercado Bitcoin in a legal case over the termination of one of its bank accounts - by Banco Santander - due to “incompatible activities with the policy,” and even went ahead to freeze its funds. The judicial position muffled an appeal that was officially filed by Banco Sicoob against a particular decision made by the Barra da Tijuca district court that gave the crypto exchange the right to keep its account operational, CriptomoedasFacil reports.
Mar 11, 2019 at 16:21
Blockchain is the Key Technology in the Transformation of Financial Sector
Blockchain can be applied to many aspects of financial field, including cross-border payments, customer identities management, payments security, and different types of transactions. Italy has already started to implement some of new technologies that help to reduce expensive legal procedures.  
Feb 22, 2019 at 16:48
Bank of Japan Delves into Central Bank Cryptocurrency
The Bank of Japan released a new report that examines the concept and role of digital currencies in the general monetary system.
Jan 29, 2019 at 15:15
“IranCoin”: New Government-Backed Crypto to Bypass US Economic Sanctions
Iran - a theocratic Islamic republic in the Middle East, is expected to declare a state-backed crypto at the yearly Electronic Banking & Payment Systems (EBPS) conference that will begin on Tuesday, January 29.
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