Tag Archives: United Kingdom

Canada, UK, Singapore Central Banks: CBDCs Would Reduce Risks in Cross-Border Payments

Central bank digital currencies (CDBCs) can help improve counterparty credit risk for cross-border interbank payments and settlements, according to a new in-depth report jointly published by the central banks of Canada, the U.K. and Singapore, Nov. 15. A CBDC is a digital currency issued by a central bank whose legal tender status depends on government regulation or law.… Read More »

Austrian Government Supports Blockchain Cancer Research, Screening Tool

The government of Austria is supporting a U.K. cancer research company using blockchain to detect the disease as part of its drive to promote the technology, a press release shared with Cointelegraph confirms Nov. 10. Lancor Scientific, which has developed a device to detect multiple cancer types and record screening results with smart contracts on blockchain, plans to… Read More »

Private Blockchains Could Be Compatible with EU Privacy Rules, Research Shows

Private blockchains, such as interbanking platforms set to share information on customers,  could be compatible with new E.U. privacy rules, according to research published Nov. 6. The study was conducted by Queen Mary University of London and the University of Cambridge, U.K. The General Data Protection Regulation (GDPR) act, a recent legislation that regulates the storage of personal… Read More »

20% of the British Population See Bitcoin as an Inevitability

Advertisement Twitter Facebook LinkedIn YouGov is a global data and research firm which serves industries, governments, and people in various ways, primarily by aggregating data and giving it to those who are able to take action on it. They are recognized the world over for their ability to “provide a more accurate, more actionable portrait of what the… Read More »

20% of the British Population See Bitcoin as an Inevitability

Advertisement Twitter Facebook LinkedIn YouGov is a global data and research firm which serves industries, governments, and people in various ways, primarily by aggregating data and giving it to those who are able to take action on it. They are recognized the world over for their ability to “provide a more accurate, more actionable portrait of what the… Read More »

20% of the British Population See Bitcoin as an Inevitability

Advertisement Twitter Facebook LinkedIn YouGov is a global data and research firm which serves industries, governments, and people in various ways, primarily by aggregating data and giving it to those who are able to take action on it. They are recognized the world over for their ability to “provide a more accurate, more actionable portrait of what the… Read More »

20% of the British Population See Bitcoin as an Inevitability

Advertisement Twitter Facebook LinkedIn YouGov is a global data and research firm which serves industries, governments, and people in various ways, primarily by aggregating data and giving it to those who are able to take action on it. They are recognized the world over for their ability to “provide a more accurate, more actionable portrait of what the… Read More »

Experts: Finance Firms Need to Replace IT Infrastructure to Adopt Blockchain and Crypto

Industry experts say that financial institutions will have to replace their existing internal IT infrastructure for greater adoption of blockchain and digital currencies, Scotland’s national news outlet the Scotsman reported Nov. 9. Delivering a speech at the ScotChain18 conference in Edinburgh devoted to blockchain technology impact on commerce, Jeremy Drain of cryptocurrency-focused software company Libra reportedly stated that… Read More »

93% of Brits Have Heard of Bitcoin, but Only 4% Have Bought It, Survey Shows

The vast majority of British people – 93 percent – have heard of Bitcoin (BTC), but only 4 percent claim to have bought it, according to a recent poll by UK market research company YouGov published Nov. 7. According to the survey, conducted this month, nine out of ten Brits have heard of Bitcoin, however, they report not… Read More »

BBVA Leads Blockchain-Based Syndicated Loan of $150 Million with BNP Paribas and MUFG

Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has carried out a blockchain-based syndicated loan of $150 million, U.K.-based global financial news agency Finextra reports Wednesday, Nov. 7. The syndicated bank transaction has been conducted on a private blockchain network through a group of three funding banks including French banking group BNP Paribas, Japan’s bank holding Mitsubishi… Read More »