Digital Asset in Blockchain Tie-ups with Accenture, PwC, Broadridge

Dindexigital Asset Holdings LLC, a start-up specializing in the blockchain technology for the financial services industry, announced on Wednesday that it has entered into business relationships with Accenture, Broadridge and PricewaterhouseCoopers to ensure faster adoption of its product.

“These alliances will accelerate innovation, drive growth and broaden our reach in different segments across the world,” said Blythe Masters, chief executive officer at Digital Asset holdings and a former JP Morgan investment banker.

The partnerships show how the financial services industry is exploring the potential of the blockchain. In 2015, there was an explosion of interest in the bitcoin technology as a way to solve inefficiencies in financial markets. 

Source: Reuters

TuneCore Pays Artists $142 Million in 2015

IndepenTUNE-COREdent artists on TuneCore earned over $142 million in 2015, a 7% increase from 2014. TuneCore artists also earned $36.8 million from digital streams and downloads alone in Q4 2015.Publishing revenue for TuneCore artists was up 47% in 2015 and sync revenue up 57%, with placements in major feature films and network TV shows.

Since its inception in 2006, TuneCore artists have earned more than $648 million collectively.

Source: Music Week

Bitcoin and the Future of User Monetizable Data

big_data_analytics_thinkstock_470971869-100439197-primary.idgeWeb searches, page visits, online purchases, tweets, SMS messages, emails, phone calls, photos, videos, GPS coordinates – this is the data that makes up our digital lives.

For the past decade consumers have sacrificed their privacy, building giant banks of data for companies without any upside exposure to the value that they have created. Thanks to the Bitcoin Protocol and the 21 Bitcoin Computer this no longer has to be the case.

Billions of photos are shared every day by hundreds of millions of people using smartphones. Between the rapid development of high quality camera phones and the decreased cost for cloud storage, sharing photos from all around the world has become effectively free.

Building a library of stock photos once required an army of photographers working around the globe; now this naturally occurs over social networks such as Instagram.

Source: Bitcoin Magazine

SourceAudio Announces Launch of “SourceAudio Detect”

12652SourceAudio, a prominent B2B technology platform for music publishers, labels, broadcasters, production companies and creative marketing agencies, has announced the launch of its newest service, “SourceAudio Detect.”

SourceAudio Detect uses a unique, robust and inaudible digital identity (watermark) that is redundantly embedded directly into a piece of audio itself.

It is different from other fingerprinting-based monitoring solutions in that there is never any guesswork or doubt about the track identity because a truly unique code is woven into the fabric of each file that travels with it indefinitely.

That code will only reference the true identity given to the track by its owner or authorized licensor.

Apple Launches Mobile Payments in China

mobile-payApple introduced its mobile payments system to China through a partnership with China UnionPay, as the iPhone maker teams with the country’s largest payment and clearing network.

Users can sign up by adding their bank card information into the Wallet application on Apple devices. Customers of 19 lenders, including Industrial & Commercial Bank of China and Agricultural Bank of China, will be able to use Apple Pay through UnionPay’s point-of-sales network, UnionPay said Thursday.

China is an increasingly critical component of Apple’s business, helping it sell a record 13 million iPhones during the September debut-weekend of its latest handsets.

Source: AdAge

Faster Payments Are Not Enough for Banks to Beat Digital Challengers

The digital pSolucionesFinTechayment revolution, though disruptive, does not have to be a game changer for financial institutions, but instead be a game saver for those that respond quickly.

To move forward banks and credit unions need to evaluate new solutions that take advantage of modern technology to create a safe, ubiquitous and faster payments experience. They should be looking into a single unified platform that reliably processes bill payment, P2P and A2A money movement transactions.

Source: PaymentsSource

PRS and Google Announce a ‘Shazam for Music Licensing’

UK-based performing rights society PRS for Music is purportedly working with Google to help report performance fees for music played in public more accurately.

Performance fees are paid to artists and publishers of copyrighted songs wherever they are played in public, whether that be on television, broadcast over radio, played over the stereo in retail establishments, or in venues like sports arenas and concert halls.

The traditional methods for determining these fees rely on radio logs, cue sheets created by television and film companies, or sample surveys, which randomly track songs for several hours in bars, clubs, and venues. When devised, these techniques were as accurate as technology allowed. Developments in the decades since, however, could greatly improve precision — and boost the payouts to artists.

Source: Dancing Astronaut

China’s Central Bank Weighing Blockchain Tech for Digital Currency

The head of the People’s Bank of China (PBOC) opened up about its proposed digital currency initiative in a new interview with Caixin Weekly today, suggesting that the Chinese central bank is considering options that do not use blockchain technologies in its development.

Speaking to the news source, governor Zhou Xiaochuan said that the PBOC is considering mobile payments, cloud computation, secure chip and blockchain tech as means to create and operate an electronic cash network.

Source: CoinDesk

Blockchains Poised To Be The Hot Tech For Moving Money In 2016

money-e-commerce-billboard-6501Although interest in bitcoin may have subsided, but interest in the underlying registration process — distributed ledgers or blockchains — has attracted the interest of global banks and exchanges, most notably Nasdaq.

Distributed ledger technology, or blockchains, will have their greatest impact on cross-border payments, said Chris Larsen, CEO of Ripple, which aims to create an Internet of Value (IoV) to exchange value over the internet as easily as people exchange information.

Larsen believes it will replace correspondent banking, a holdover from the 1970s, “which is why it takes days to move value between the U.S. and Europe.”“An international transaction can easily take longer than sending a package,” notes the company on its Web site. “It’s not just about speed but also cost. It doesn’t make economic sense to send $100 from the US to Europe because of high fees.”

Source: Forbes

IBM and Microsoft Will Let You Roll Your Own Blockchain

They call it the Hyperledger. And it can be yours.

In late December, several big-name companies from across both the tech and financial industries—including IBM, JP Morgan, Wells Fargo, and the London Stock Exchange—unveiled a new open source software project based on the blockchain, the global online ledger that underpins the bitcoin digital currency.

Source: WIRED

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