Here’s how BP is evaluating out blockchain technology with fintech start-up BTL Group

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It appears like BT is ramping up its try outs blockchain innovation The pilot and fresh plans are as a result of EY’s startup difficulty, in which BTL was among the six startups opted to deal with developing blockchain solutions for the energy sector and digital rights management.”The pilot project demonstrated how BTL’s blockchain platform, Interbit can be used to innovate in the field of energy trading,”said EY partner Andrew Woosey .”Use of such innovation can help by simplifying back office procedures, causing decreased risk, much better security versus cyber dangers and eventually significant expense savings. Further engineering and organisational effort is needed to attain these outcomes.” BTL has been dealing with a separate trial to develop a so-called evidence of idea with Visa to automate international transfers.

Startupbootcamp showcases hottest FinTech start-ups in London

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Ten FinTech companies strut their stuff at Startupbootcamp FinTech’s Demo Day on Thursday in London after a rigorous three-month acceleration program. The ten companies taking the stage on Thursday at Startupbootcamp FinTech London showcased some of the most innovative technologies in finance ranging from SME banking, regtech, and chatbot technologies through to artificial intelligence and blockchain. For three months, the selected startups collaborated with 400+ mentors, partners, and investors to build world class FinTech companies, with the ultimate goal of becoming industry leading players. “If someone is really interested to know what is going on in FinTech, they need to be here,” said Startupbootcamp FinTech London managing director Francisco Lorca, adding, “The variety of the startups who applied to our program this year is remarkable. We received more than 400 applications from startups across 61 different countries for an opportunity to build their businesses working together with the biggest players in finance.” Startupbootcamp FinTech London Demo Day Highlights: Railsbank (London) Startupbootcamp FinTech London’s “Startup in Residence” enables stress free access to global banking for finTech Companies with a simple and easy to use API. Access global banking with 5 lines of code. Enterprise Bot (London) revolutionizes the way financial companies interact with their customers …