The stock exchange firm is also looking to expand its blockchain ambitions beyond the US, planning securities-focused applications in Estonia. Chain helps companies build financial products around blockchain technology with its bitcoin data API.
A collaboration between Visa and DocuSign uses the bitcoin blockchain to record several types of contract information. Visa Europe Collab and Epiphyte, a recent graduate from San Mateo incubator Boost VC will be working on a proof-of-concept to use bitcoin and blockchain capabilities to make remittance services more efficient and easier to use. Thirteen more banks joined by the end of September. Three more banks joined the R3CEV collaboration in October, taking the total count to 25; in November, five more banks joined hands to make the total number of banks in the R3CEV collaboration The news regarding the FCA taking a closer look at Bitcoin-based money transfers is quite surprising.
The first project will focus on alternative clearing and settlement mechanism, which will be provided to existing banking systems. Under the name SpecialFX, the new service is expected to launch rather soon. Having regulatory backing and authorization is a major boon for Epiphany and cryptocurrency-based money transfer solutions.
Play Now! This seems to indicate the governmental body is keen on exploring Bitcoin remittance solutions.