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Valued at $28.93billion in 2024 and set to hit $49.18billion in 2025, according to The Business Research Company , the blockchain market is thriving. While this growth is in part due to the success of the crypto industry, the blockchain industry is not dependent on crypto.
HashCash Consultants , which works in blockchain, is working with an unnamed U.S.-based based bank to help them finance their corporate trade owing to a sophisticated blockchain platform for B2B payments, a press release says.
Valued at $28.93billion in 2024 and set to hit $49.18billion in 2025, according to The Business Research Company , the blockchain market is thriving. While this growth is in part due to the success of the crypto industry, the blockchain industry is not dependent on crypto. Blockchain has not experienced the same rapid growth.
According to a 2025 report by Ripple , the blockchain-based digital payments company, and the Boston Consulting Group , the management consulting firm, the tokenisation of real-world assets (RWAs) is projected to grow from $0.6trillion in 2025 to $19trillion in 2033.
Whether you believe the hype or not, blockchain technology is attracting massive investments, exploration and competition across the globe. PYMNTS examines the data surrounding the latest developments of blockchain, already off to a speedy start in 2017. 659 billion worth of goods and services trade between the U.S.
Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.
According to the Vietnam Fintech Landscape 2024 map by business consultant Khoa Nguyen, Vietnam is now home to 16 wealthtech companies, representing a 129% increase from the seven companies identified by local real estate financing startup FinHome in 2021. This ecosystem is expanding rapidly. rate in 2023.
SCB TechX, a provider of strategic consulting and digital transformation services under the SCBX Group, has appointed Suttipong Kanakakorn as its new CEO, effective 7 July 2025. Suttipong also co-founded Blockfint, a firm focused on blockchain and digital solutions for the financial industry.
PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. For some, that means embracing solutions built atop existing rails, or exploring new ones altogether. RTP Expands Across FI Base. Financial institutions (FIs) in the U.S.
Mark Baunach, global financial services consulting industry leader at Dell EMC, discusses how blockchain and emerging technologies will reshape the financial services industry over the next decade.
A new blockchain association has been created to promote the adoption of the technology across the European Union. The group — the International Association of Trusted Blockchain Applications ( INATBA ) — officially launched on April 3 in Brussels and includes SWIFT, IBM, Ripple and around 100 other companies and organizations.
However, PSPs must ensure their systems and processes support this capability, which may involve implementing blockchain analytics tools and strengthening compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. Secondly, firms should actively engage with industry bodies and regulatory consultations.
Founded by Mohammed Saleem , who also founded global business events and consulting firm Trescon , FIA Ventures says it is committed to reshaping the venture capital landscape by empowering early-stage tech startups.
HashCash Brings Blockchain Tech To Unnamed Bank. Although blockchain technology company HashCash Consultants did not name the FI, the company revealed it is collaborating with a bank in the U.S. to bring its blockchain-powered corporate trade financing technology into the entity.
Temenos , FIS , Mambu , Finastra , and Tata Consultancy Services have been identified as the top five core banking system vendors prepared to compete with challenger banks, according to a recent study by Juniper Research.
Eight years ago, Australia’s largest market operator unveiled plans to overhaul its aging trade settlement system with a blockchain-powered platform. The decision to use blockchain technology was particularly bold, as it promised to shake up how transactions were processed and recorded.
HashCash Consultants has integrated its HC Corporate Payment features with the existing infrastructure for B2B payments, according to a press release. Raj Chowdhury , CEO of HashCash Consultants, said the idea is to offer "a platform for secure, transparent and faster B2B payments.".
This announcement comes following last month’s announcement of the Riksbank joining the World Economic Forum’s Blockchain think tank at this year’s Davos WEF summit. The issuance of e-krona, which is being developed by consulting firm Accenture, would simulate its use in an “isolated test environment.”.
We delved into Shan’s unique path, starting with his early aspirations in the medical field, his pivot to management consulting, and eventually, his leap into the exciting world of crypto investing. The Ethereum white paper was my light bulb moment.
The card issuers often side with the customer without consulting us, which is unfair and costly. Digital wallets, open banking, and blockchain are increasingly becoming mainstream, leading to an evolving ecosystem where speed, security, and user experience are paramount.
AGENDA HIGHLIGHTS: The Next Generation of Payments Enhancing Convenient and Secure Access to Financial Services The Next Digital Revolution Global Mobile Wallets and Super-apps Blockchain and Cryptocurrency Adoption Cross-Border Payment Innovations The Future of Financial Crime Levels of Connection – 2.0
Among these, the integration of blockchain and stablecoins in cross-border payments and treasury management emerged as a central theme. Now, digitally native businesses are leveraging blockchain and stablecoins not to speculate, but to optimise cost and speed in cross-border transactions. Were in limbo.
Web3 is transforming finance with blockchain, digital assets, and smart contracts, paving the way for a decentralised future. The enterprise blockchain market is predicted to grow to $246 billion by 2030 , the same year Boston Consulting Group says real-world asset tokenization will become a $16 trillion industry.
Austin Campbell, a consultant for blockchain firms and adjunct professor at Columbia Business School, commented on the board’s composition saying that a preference for internal figures could limit external influence over governance.
6 Fintech Unicorns in Singapore Singapore’s fintech unicorns consist of companies spanning diverse verticals, including digital payments, insurtech, blockchain and AI-driven finance. The HashKey ecosystem also includes secure custody solutions and blockchain-focused investment strategies through its asset management division.
Ripple , the blockchain and crypto solutions provider, has shown its support for the development of the Japanese and Korean markets as it launches the XRPL Japan and Korea Fund. VWBL is an on-chain condition-based access control protocol and key management network that operates across multiple blockchains.
Insurtech companies use cutting-edge digital technologies such as artificial intelligence, machine learning, blockchain, and cloud computing to meet these evolving needs and create innovative products. One of their standout products is their Weather Index Insurance, which is particularly innovative due to its use of blockchain technology.
FinPlanet GmbH, a leading German consulting boutique in the blockchain space, and NOUMENA DIGITAL AG have formed a strategic partnership with AllUnity.
Addressing privacy concerns Promoting CBDCs with a range of benefits aside, most consumers are concerned about privacy issues, says Andrew Carrier , member of the executive committee at blockchain finance firm Quant. “We also see great progress being made in the stablecoin space, which often crosses over with CBDCS. .
Digital platforms also streamline transactions with secure, transparent blockchain-based processes, reducing the risk of fraud and enhancing trust. Crowdfunding and P2P platforms democratise property investment by allowing investors to pool their resources and invest in properties collectively.”
The third phase of that project is the distribution and circulation phase, according to the report, with current the second phase focused on analyzing related processes and looking to outside consulting. The first phase had a focus on designing and checking the technology and ended in July.
In May 2023, the MAS released a Consultation Paper on amendments to the Payment Services Regulations 2019, introducing new measures for Digital Payment Token (DPT) services, including a requirement for customer asset safekeeping under statutory trust. The company provides crypto assets, as well as custody and clearing infrastructure services.
Better communication Svetlana Kouznetsova, an independent B2B accessibility strategy consultant Svetlana Kouznetsova , an independent B2B accessibility strategy consultant explains that fintechs can be more accessible by acting on customer demands.
Flomo joins the business from blockchain payments business Orbital and has experience of running commercial teams across multiple financial services businesses including Trustly and Klarna. Shejoins Fintilect having recently served as a specialist fintech go-to-market executive consultant.
Plus, iBanFirst launches B2B payment traceability tool, Georges rebrands with new funding, and HashCash partners with a bank on blockchain payments. HashCash Consultants To Aid Unnamed US Bank With Blockchain Platform. HashCash Consultants , which works in blockchain, is working with an unnamed U.S.-based
Joan McGowan, head of US financial services consulting at SAS “GenAI and AI-powered algorithms will drive the most meaningful innovation by enabling institutions to contextually analyse vast amounts of data to offer real-time financial insights, fraud detection, personalised recommendations and inclusivity.
The company’s offerings include a one-stop online payment platform, Opn Payments; Opn Tag, which creates contactless digital touchpoints; embedded financial solutions tailored to the needs of customers; as well as digital wallets utilizing blockchain technology. In addition, Opn offers consulting services through its Opn Pro brand.
Alongside this, AWS and Digital Industry Singapore (DISG) unveiled the AI Springboard programme, offering up to S$600,000 in cloud credits and training support per enterprise, plus co-funded consultancy to help 300 local businesses scale AI adoption.
Digital transformation consultancy Daemon has announced the strengthening of its board, promoting Richard Newsome as non-executive chairman. VeChain , the real-world public blockchain applications firm welcomes UFC CEO and Power Slap founder Dana White as its newest official advisor.
By boldly bridging the physical and digital worlds through a decentralised, scalable, and sustainable Layer-1 blockchain, peaq is laying the foundation for a new era of real-world connectivity and autonomy. The announcement follows the Machine Economy Days in Abu Dhabi and Dubai, which peaq and Pulsar organised last month.
According to new research from Ptolemus Consulting Group , 600 million vehicles will generate in-car transactions of $500 billion by the end of the decade. New moves from automakers and credit card companies are pushing vehicle commerce — or v-commerce — forward with new data showing it could reach critical mass by the end of the decade.
There are new cross-border data requirements, soaring demands for real-time notifications, as well as evolving blockchain technologies and increased application programming interface (API) integration. But the geo-economic domain is not the only source of change.
A Central Bank Digital Currency (CBDC) is a digital form built on blockchain technology of a country’s fiat currency issued and regulated by the central bank. The Federal Reserve has engaged in public consultations and published discussion papers to gather feedback from a wide range of stakeholders. What Are CBDCs?
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