FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Top 10 Blockchain Headlines of 2016

Grace NotobyGrace Noto
December 22, 2016
in Archive, Payments, Risk & Security
Reading Time: 2 mins read
0
Share on Facebook

pexels-photo-76764Blockchain—possibly the buzziest of buzzwords in 2016. The world saw the rise of new enterprise blockchains, how the technology might be used to transport gold, to safely move perishable items like pork through a supply chain, and most importantly for those of us in the fintech trenches, we saw banks, payment providers and other financial institutions start to sit up and explore what blockchain could mean for money transfers, global trade, insurance, and identity.

Of course that’s not to say the technology didn’t have its pitfalls—hacks, hash fails and hampered code, oh my—but even so, this was a big year for blockchain.

So as 2016 draws to a close, let’s take a look below at the top blockchain stories on Bank Innovation.

  1. KYC May Be the Next Big Thing for BlockchainNow that blockchain finally has the attention of FIs, what’s the next use case? Developing the tech for the KYC (Know Your Customer) Process is a good option, according to this post.
  2. Deloitte Taps Blockchain Startups to Build New Core Banking System
    Five blockchain startups teamed up with accounting titan Deloitte to create a brand-new core banking system in May of this year.
  3. Update: Santander Follows Goldman’s Lead, Drops from R3 Blockchain GroupAlong with a host of other banks Banco Santander chose to depart from the R3CEV blockchain consortium, though that did not appear to lessen the FI’s interest in the technology.
  4. Goldman Sachs Leaves Blockchain Group R3CEV But Stays in BlockchainThe first big bank to leave R3CEV, Goldman’s decision came as a bit of a surprise—but like Santander, it dropped R3 but not blockchain.
  5. Move Over Blockchain, It’s AI’s Time to ShineBlockchain may have had a good year, but so did artificial intelligence—however, the two may be best when combined.
  6. Can Blockchain Fix Security and Identity, Consumer’s Top Concerns?Could blockchain help validate a user’s identity while keeping the transaction secure?
  7. Rideshare Looks to Blockchain for Truly Decentralized Sharing EconomyBlockchain and ridesharing—two other things that might yield their best results when mixed a little.
  8. What’s Next for Blockchain and Roboadvisory Funding?Roboadvisors and blockchain companies both received a fair amount of funding in 2016—this post explores what’s next.
  9. Banks are Getting Closer to Real-life Blockchain Use CasesFIs became more and more intrigued with the technology as time went on, but we actually started to see more pilots and tests as the year progressed.
  10. In Blockchain News: R3 Releases Corda, Chris Larsen Talks Ripple, IRS Might Tax Bitcoin
    And to think, all of the above only happened in one week.

What will happen with blockchain next year?

Tags: artificial intelligence (AI)Blockchainknow your customer (KYC)money transferR3CEVRipple
Previous Post

Chase Launches Free Credit Score Simulator

Next Post

Mobile Wallet Use to Grow Thanks to Popularity of Mobile Shopping, Says Study

Related Posts

Cisco logo on a wall of lights
Risk & Security

Cisco clients spend more on security to prepare for Mythos, quantum

August 13, 2026
digital globe surrounded by interconnected data streams
Risk & Security

FIs cannot rely solely on legacy systems for cybersecurity

August 12, 2026
Cybersecurity locks among multiple data points
Risk & Security

AI forges ‘double-edged sword’ in bank cybersecurity

August 11, 2026
Next Post

Mobile Wallet Use to Grow Thanks to Popularity of Mobile Shopping, Says Study

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

Connect

twitter linkedin podcast podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account