#Fintech

Vice President of Sberbank of Russia, the country’s biggest state-owned bank, Andrei Sharov believes banks may disappear by 2026 because of blockchain technology’s impact. “In ten years, I’m afraid, there will be no banks, and I won’t have any job. Now, peer-to-peer crediting platforms are effectively developing, just as blockchain-based payments technologies,” he told Rambler […]

R3 has finally shared the details of their work on their financial solution for banks, Corda, based on distributed ledger. The blockchain startup R3, founded in late 2015, leads a consortium of 42 major banks and financial institutions with the single aim – to provide banks the opportunities of the disruptive technology in a way […]

This week’s ForkLog overview features news from leading crypto-exchanges, the continuing battle for markets between various projects, and, most certainly, fintech news. Bitcoin Price As compared to last week’s achievements, Bitcoin’s price has dropped a bit to nearly $408 at the time of publishing. During the week, the cryptocurrency managed to reach as much as […]

This week’s overview is dedicated to good and not-so-good news about bitcoin, further rise of Ethereum, interesting findings of blockchain researches, and other things. Bitcoin Price Comparing to last week’s values, Bitcoin price has grown a bit, with the exchange rate sitting at $414 at the time of writing. Last Saturday, the rate dropped to […]

The week was marked by cryptocalypse in Russia, which had uncovered bitcoin’s cunning plans to demolish the country’s financial system; continuing scalability debates; a Ukrainian breakthrough in blockchain applications; and many more. Bitcoin Price During last seven days, bitcoin did its best to keep with the best traditions of volatility. It managed to solidify its […]

According to the chairman at IOSCO (International Organization of Secirities Commissions) council, Greg Medcraft, financial institutions implementing the blockchain technology, shall consider reimbursing customers their assets in case of fraud.

The year 2015 has certainly become the year when major banks finally faced the fact that innovations cannot be overcome, and that the old system is in decline. However, as I mentioned earlier in another article, the enthusiasm of the community regarding the corporate world’s warm embrace of the blockchain is at least premature. At […]

This Wednesday was marked by the news on launch of Russia’s first blockchain accelerator, which also combines a fintech accelerator and a co-working space. The accelerator is a part of fintech accelerator FutureFintech. The accelerator’s founders haven’t pinned down the blockchain part’s name as yet, so everyone is welcome to offer their own version. The […]