All posts tagged "Smart Contracts"
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121BlockchainHow Blockchain Technology Is Transforming Financial Services
In October 2023, JPMorgan’s blockchain-based platform Onyx processed $1 billion in tokenised transactions in a single day. BlackRock launched its first tokenised...
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104Blockchain
The Role of Blockchain in Modern Financial Infrastructure
SWIFT, the messaging network that connects 11,000 financial institutions across 200 countries, processed 12.4 billion messages in 2023. For over 50 years,...
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122Blockchain
Why Blockchain Innovation Is Reshaping Finance
In January 2024, BlackRock filed for a spot Bitcoin ETF, and within three months the fund attracted over $17 billion in assets....
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110Blockchain
How Blockchain Is Improving Financial Transparency
In September 2023, Visa published the results of a year-long experiment: every USDC settlement transaction processed through its stablecoin pilot was visible...
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84Blockchain
How Decentralised Technologies Are Changing Financial Services
On 15 September 2022, Ethereum completed the Merge, switching its consensus mechanism from proof-of-work to proof-of-stake and reducing the network’s energy consumption...
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104Blockchain
The Role of Blockchain in Digital Finance Innovation
In March 2024, BlackRock launched BUIDL, a tokenised US Treasury money market fund, on the Ethereum blockchain. Within six months, the fund...
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95Blockchain
Blockchain’s Role in Secure Financial Transactions
In February 2016, hackers sent fraudulent SWIFT messages from Bangladesh Bank’s terminal and successfully transferred $81 million to accounts in the Philippines....
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131Blockchain
The Future of Decentralised Financial Infrastructure
In October 2023, the Monetary Authority of Singapore completed the first live cross-currency transaction on Project Guardian, a decentralised financial infrastructure pilot...
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65Blockchain
How Blockchain Is Reinventing Financial Trust
When FTX collapsed in November 2022, $8 billion in customer deposits vanished because customers trusted a centralised exchange to hold their money...
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78Blockchain
The Role of Blockchain in Financial Transparency
After FTX collapsed in November 2022, cryptocurrency exchanges faced a simple question from customers: prove you have our money. Within weeks, Binance,...
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59Blockchain
How Blockchain Platforms Are Powering Digital Finance
In November 2024, Solana processed over 65 million transactions in a single day, more than Ethereum, Arbitrum, and Polygon combined. The same...
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84Blockchain
The Future of Blockchain in Fintech Innovation
In September 2024, Visa published a research paper describing “smart contract wallets” that could automatically manage a user’s finances: paying bills, rebalancing...
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80Blockchain
The Expansion of Blockchain Applications in Finance
When the European Investment Bank issued a €100 million digital bond on a public blockchain in April 2021, it was the first...
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58Blockchain
How Blockchain Improves Financial Security
Financial services firms experienced 744 reported data breaches in 2023, according to the Identity Theft Resource Center. The industry consistently ranks among...
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53Blockchain
The Future of Blockchain-Driven Financial Services
Larry Fink, CEO of BlackRock, told shareholders in his 2024 annual letter that tokenisation of financial assets would be “the next generation...
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110Blockchain
How Blockchain Supports Financial Innovation
In March 2023, a single Ethereum transaction executed a flash loan of $200 million, used it to arbitrage a price difference across...
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65Blockchain
How Blockchain Enables Transparent Financial Services
When FTX collapsed in November 2022, auditors discovered that the exchange had been lending customer deposits to its sister company Alameda Research...
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68Blockchain
The Next Stage of Blockchain Innovation
Ethereum’s Dencun upgrade in March 2024 reduced Layer 2 transaction costs by over 90% overnight. A transaction on Arbitrum that cost $0.50...
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77Blockchain
The Growth of Smart Contract Platforms Processing Millions of Transactions Daily
Smart contract platforms are now processing millions of transactions daily across financial services, gaming, supply chain, and identity applications. Ethereum and its...
