Institutional Finance Update: Leveraging Digital Technologies, Using Blockchain for Climate Action and Sustainable Development

5 September 2018: Discussions in recent months have explored how emerging technologies such as blockchain and digitalization processes could serve the implementation of the SDGs and the Paris Agreement on climate change. In August, the World Bank launched a blockchain-operated US$110 million bond, with potential impacts on carbon market trading. Other multilateral institutions have stressed […]

Crypto Discussions at Highest Level: The OECD’s Love of Blockchain Obscures Its Fear of Bitcoin

For several years now, the Organization for Economic Co-operation and Development (OECD) has been cautiously enthusiastic about blockchain technology. Beginning with a 2014 working paper titled, “The Bitcoin Question” the intergovernmental organization has been considering the economic possibilities opened up by distributed ledgers and cryptocurrencies — and, on the whole, it has found these possibilities […]

Thailand Emerges as Leading Blockchain Economy

Thailand is setting itself apart from other nations when it comes to blockchain and cryptocurrency. The South Asian nation is on track to have one of the world’s first Central Bank Digital Currencies (CBDC), and has already legalized the use of major cryptos within Thai borders. Many nations are supporting blockchain development, but Thailand is a […]

Thailand’s Kasikornbank to Pilot Visa’s Blockchain Cross-Border Payments Platform

The biggest bank by market capitalization in Thailand, Kasikornbank, has become the first financial institution in the Southeast Asian country to get on board the Visa B2B Connect platform. Designed to enable fast and secure cross-border payments between businesses using blockchain technology, the platform relies on a permissioned private blockchain architecture which is operated by […]

Time to Ditch the Word ‘Blockchain’, Forrester Report Says | Fortune

A new from Forrester Research says the buzz around blockchain, a technology that creates tamper-proof records across multiple computers, is so over-hyped that some companies are dropping the word altogether. According to Forrester, firms are ditching the b-word in favor of “DLT,” which is shorthand for distributed ledger technology—a more descriptive, if less catchy, term. […]