Google Cloud & Digital Asset Create Blockchain Service

Samuel Larreal
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Google Cloud & Digital Asset Create Blockchain Service

Google Cloud and Digital Asset team up to create a blockchain service for developers.

Digital Asset, one of the world’s fastest growing fintech companies, announced on Monday, their partnership with Google Cloud to provide blockchain services, software tools and support to developers who wish to enter the decentralized technology field and launch D-apps. This union will also give Google access to Digital Asset’s private programs, and its ‘Digital Asset Modeling Language’ (DAML) software kit, which will allow the blockchain developers create applications, with intelligent contracts for a variety of use cases.

“We’re partnering with Google Cloud to provide developers with a full stack solution so they can unleash the potential for web-paced innovation in blockchain,”

said Blythe Masters, CEO of Digital Asset, in a statement.

Recently, cloud services and technology has made incredible advances, and is increasingly becoming an important part of tech giants’ revenues and business strategies. A clear example of this is “Amazon Web Services” the leader in the cloud sector, followed by Microsoft, while Google Cloud is in third place with about 6% of market share.

Leonard Law, the head of Financial Services at the Google Cloud Platform, commented that,

“We are delighted to innovate with Digital Asset in the distributed ledger space,”

he also added,

“DLT has great potential to benefit customers not just in the financial services industry, but across many industries, and we’re excited to bring these developer tools to Google Cloud.”

Companies all over the world have seen the potential in blockchain technology and are currently joining the growing decentralized commercial sector. Despite regulations, distributed ledger technology is definitely going to be a foundation for finance and businesses.

 

by Samuel Larreal

JP Morgan Chase To Patent Blockchain System For Asset Management

Samuel Larreal
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JP Morgan Chase To Patent Blockchain System For Asset Management

Recently, JP Morgan Chase requested a patent for a blockchain registration system to manage digital assets.

In the past few months more financial institutions have become interested in blockchain-based development, and the possible applications for their business practices. From small startups to complete financial sectors, projects, patents and proposals have filled news feeds since the beginning of the year.

JP Morgan Chase is one institution that has entered into the blockchain-development game, to keep pace with the competition. Recently, they requested a patent for the creation of a blockchain-based system for the management of digital invoices backed by bonds or assets. The patent, registered with the United States Patent and Trademark Office (USPTO) under the title

“System and management of digital invoices backed by assets or bonds in a distributed ledger”

includes a new bill management methodology that may take the form of tokens. The document describes digital invoices as assets or “asset-backed tokens”.

The system will use distributed ledger technology “to link an underlying asset or obligation with its digital representation in a distributed system for the tracking and transfer of ownership”.

The banking entity has recently launched a blockchain investigation program led by Christine Moy. The use of technological advances, especially those related to digital financial technologies, has proven to be an endorsement for many businesses in the modern market. According to Moy,

“One of the mandates of the J.P. Morgan blockchain program is to identify how blockchain technology can create value, efficiency, and a better experience for our clients across the financial markets value chain (…) We look forward to exploring blockchain-enabled capital markets applications, how these types of transformative opportunities can benefit our clients and counterparts.”

Blockchain has already proven to be a useful tool when time, and consequently money saving, is what we are talking about, especially in the biggest financial scales, being technologically updated could mean the line between bankruptcy and financial success in the market of tomorrow.

 

by Samuel Larreal

Blockchain Nation Las Vegas October 9th & 10th At The Paris Hotel

cwjadmin
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Blockchain Nation Las Vegas October 9th & 10th At The Paris Hotel

     As the world of cryptocurrency, fintech, blockchain, artificial intelligence and other innovative technologies become more popular and penetrate new markets, a rise in the number of industry conferences has created a healthy competition for the attention of enthusiasts. Blockchain Nation, the conferences that have been identified by major news outlets such as Yahoo! Finance and Fortune, as providing interesting and significant content is excited to announce that they are open for business in Las Vegas. Blockchain Nation Las Vegas, “The Conference that Matters,” will be held October 9th and 10th, at the Paris Hotel, in the heart of The Strip, in Las Vegas, NV.

With a goal of “Building a Better Blockchain Community,” Blockchain Nation Las Vegas will feature business leaders and legends, key government officials, high net worth investors, top industry attorneys and influencers such as:

  • Legendary investor and “Shark Tank” shark, “Mr. Wonderful,” Kevin O’Leary
  • Former White House director of economic policy & managing director at Tiger hedge fund, Todd Buchholz
  • Anti-virus and cyber security pioneer, investor and presidential candidate, John McAfee
  • Global Head Oracle Innovation and Global Startup Ecosystem, Shaloo Garg
  • Bitcoin Foundation Board Member, Vinny Lingham
  • Former Prime Minister of Estonia, Taavi Roivas
  • Fluree CEO and tech investor, Andrew “Flip” Filipowski
  • Managing Partner at Doyle Capital Management and Co-author, Cryptoassets, Jack Tatar
  • & many more…

Blockchain Nation Las Vegas will have a unique “Innovator Competition” where projects will be exposed to the billions of investment dollars in attendance and have the chance to compete for up to $1 million in investment from the event organizers, and be evaluated and advised by the panel comprised of industry experts, successful entrepreneurs and celebrities, including Vinny Lingham and Kevin O’Leary.

This gathering of the minds will be one of the most educational, entertaining, inspirational and productive conferences in the history of the industry. With great speakers, the most relevant topics, an extraordinary networking private pool party with celebrity entertainment and fireworks, an epic VIP experience, and billions of investment dollars in attendance, Blockchain Nation will be a conference that you do not want to miss!

For more information on becoming a media partner, a sponsor and /or attending Blockchain Nation, please visit our website –  Blockchain Nation

 

 Blockchain Nation

“The Conference That Matters”

Network. Learn. Become More.

Contact

CWJ Blockchain Nation
Yuliana Umanets, 302-213-8136
**@******on.com

Uruguay Finances Blockchain Projects

Maria Rodríguez
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Uruguay Finances Blockchain Projects

Uruguay begins financing blockchain projects through public and private investment.

Companies like ThalesLab and ANII are evaluating different ideas to take advantage of blockchain technology. ThalesLab and the National Agency for Innovation and Research (ANII) of Uruguay announced that the public and private sectors of that country are working together in order to promote technology projects, including blockchain technology. ThalesLab selected the first blockchain-focused startup.

According to sources, the Executive Director of ThalesLab, Sylvia Chebi, explained the agreement that doubles private investment in the financing of blockchain-related startups presented by ThalesLab, which have gone through a prior selection process. The first enterprise selected in this process is PowerLedgers. ANII will match the private investment.

“We have other projects that we are evaluating to present. Blockchain technology will impact many industries, and we are betting on promoting this technology and its applications from Uruguay,”

said Chebi.

In November of 2017, Thaleslab made a call to entrepreneurs in technology who would like to present projects in blockchain and autonomous vehicles for agriculture. The mixed fund for these purposes amounts to $4.5 million. $3 million dollars contributed by ANII as a subsidy, and $1.5 million dollars by Thaleslab, which will offer a support platform to develop startups projects with technical and methodological support.

PowerLedgers is a company focused on offering blockchain products and services for business and government markets, understanding blockchain technology as an especially useful tool for the exchange of information within corporate and government ecosystems, in a notarized, efficient and highly contracted.

“We have been contacted from Argentina, Paraguay, Panama, Colombia, Mexico and Spain, by companies that showed interest in representing our brand in their markets, or companies that were interested in evaluating us as technological partners for their projects,”

said Gonzalo Varalla, CEO for PowerLedgers.

Growing community

Since 2017, Uruguayans have been more interested in getting Bitcoins. This interest grew as the price of cryptocurrency grew. Many people and companies are involved in different areas such as trading, mining, education, and even as a payment method for their businesses. In Uruguay, many participate in a group called “Bitcoin Uruguay”, a community of people interested in cryptocurrencies linked by WhatsApp and Telegram groups. This community continues to grows every day.

 

by María Victoria Rodríguez

Blockchain Q’s On Financial Analyst Exam

Maria Rodríguez
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Blockchain Q’s On Financial Analyst Exam

     The certification exams for becoming a financial analysts will include topics about blockchain. The Approval of this measure is intended to ensure analysts have the best available job opportunities.

In 2019, exams to apply for the credentials of financial analyst will include topics about cryptocurrencies and blockchain technology, according to Bloomberg for Education and Chartered Financial Analyst (CFA) Institute.

Since 1963, CFA applies exams to a selected group of candidates from 170 cities and 93 countries two times a year, in June and December. People who are looking for a certificate want to learn how to management an institution. When participants approve their exams, CFA gives them credentials to start at level I, II or III, depending on the abilities they show. This addition will be announced in August, when the official enrollment to participate in the special exams begins.

CFA believes blockchain technology and cryptocurrencies will have a significant impact on the financial world. The questions about blockchain will appear in a section called “FinTech”. This is the most important for traditional financial firms, like Goldman, CBOE and CME, and for many projects about cryptocurrencies. Those institutions have an important role in the increase of the value of Bitcoin.

Stephen Horan, General Education Director for CFA, thinks that topics like cryptocurrencies and blockchain technology progress faster than others. In 2017, more than 131,000 people took the exams to become a CFA, but only 43% of them passed. It is recommended to study for more than 300 hours prior to taking the CFA exam.

 

by María Victoria Rodríguez

Banco Santander Digital Investment

Samuel Larreal
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0
Banco Santander Digital Investment

Banco Santander launches digital investment unit focused on Blockchain-based development.

Last Monday, Banco Santander revealed the launch of a digital investment unit specifically focused on blockchain technology. The unit will be directed by John Whelan from Santander’s blockchain laboratory.

“The wave of digitalization that is occurring in the financial industry is accelerating,”

said José M. Linares, Santander’s Sr. Executive Vice President and global head of corporate and investment banking.

“Our clients expect this to result in better solutions, lower costs and new categories of products and services that enable them to access capital markets more efficiently than ever before. We want to offer our clients what they expect from us.”

This is not the first time that the Spanish bank has entered into agreements with blockchain or cryptocurrency companies. They have commercial agreements with Ripple. The bank’s executives are even exploring the possibility of “tokenizing” assets in order to speed up capital markets, derivatives and other related products that will benefit from decentralized technology. According to the CEO of Santander, Ana Botin,

“We [Santander] cover 50% of all currency payments that Santander makes annually [with Ripple]. It works very well because we have been testing it for 2 years. It is safe and complies with our regulations.”

Santander has been increasingly committed to blockchain technology. It was recently accepted as part of the “We Trade” consortium. It has also joined the Ethereum Corporate Consortium – which establishes links between several companies and financial institutions around issues related to Ethereum. This is evidence of how financial institutions are betting on decentralized technology as part of a fintech revolution, where shared data could break the boundaries of banking and business administration.

 

by Samuel Larreal

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