IBS Journal March 2017
19
That’s not to say that the Bitcoin contingent was entirely silent on the matter. Bobby Lee, CEO of BTCC, one of the largest Bitcoin exchanges in the world, was in attendance to discuss the future for cryptocurrency. BTCC demoed its new wallet, Mobi, which it promises will allow drag-and-drop currency conversions. Lee took some time to hand out specially-made Bitcoin tokens to the crowd – though unfortunately while this reporter was taking a lunch break.
The lack of major names at the event probably speaks volumes for blockchain’s
regions is rife, with almost 30% of all aid siphoned off by officials on the take. The blockchain can be one way of ensuring that funds reach the right recipient. A system built on a distributed ledger would prevent cashing of tokens until the recipient has confirmed delivery (in the form of a hash code), rendering sabotage impossible.
role in the industry today. There is plenty of buzz and hype around the technology and how it can be implemented, but ultimately none of the major players have really got their toes wet. One thing is for sure, though, we can expect to see many more events as it matures.
Starling opens up API to outside developers
has announced its first hackathon and the upcoming launch of its Marketplace platform. The hackathon makes it the first UK licenced bank to launch a public API in keeping with the ambitions of PSD2 and the Open Banking initiative. It will take place at Google Campus in London in April (7th – 9th).
U
Starling’s public API enables third-parties to access customer data (with their permission) and build on top of the new entrant’s platform to create products and services such as chatbots, spending analytics, or connections with the Internet of Things. It also underpins the Marketplace model, which is set to launch in March and is embedded in the Starling app, allowing the bank to partner with and offer customers access to a range of financial products such as mortgages and loans.
Megan Caywood, Chief Platform Officer at Starling Bank, says: “We’re really excited to be hosting our first
K digital-only challenger, Starling Bank,
hackathon. It’s intriguing to think what ideas spring from the opportunity to access our API and platform. We recommend that anyone applying bring their best ideas because all successful entrants to our hackathon will get to pitch and demonstrate their concept to our judging panel of tech innovators and VCs. This is a great chance for all involved to create something transformational.”
Scott Thompson
www.ibsintelligence.com
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