BEYOND BITCOIN: How financial institutions are applying distributed ledger technologies to new use cases for ground-up business transformation

BI Intelligence This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Of the many technologies reshaping the world economy, distributed ledger technologies (DLTs) are among the most hyped. DLTs are most often associated with cryptocurrencies like Bitcoin, but such […]

Norway proposes national ban on full-face veils in educational institutions

The Norwegian government is seeking to prohibit face-covering garments in all schools nationwide, having sent the proposal for comments to educational institutions. The ban’s advocates say the garments prevent students from communicating with each other. The bill, put forward Monday, would cover both private and public institutions, including kindergartens, schools, colleges and universities. It would […]

$5.4bn mistakenly transferred by German state bank to other financial institutions

Published time: 25 Mar, 2017 08:48 State-owned German development bank KfW mistakenly transferred billions of euros to four other banks due to a “configuration mistake” made by an “experienced programmer,” according to media reports. The incident took place in late February, when Kreditanstalt für Wiederaufbau (KfW) erroneously transferred around €5 billion ($ 5.4 billion) to […]