Ripple

The blockchain startup continues to pack its board with mainstream finance experts.

The digital-currency startup, which markets software to banks, appears keen to signal that it wants to play by the rules.

Brian Behlendorf, leader of the Linux Foundation's effort to establish standards for blockchain, likens the invention of cryptocurrencies to the moon launch and says banks, open-source developers and others are working to make the underlying technology commercially viable.

The bank consortium is going directly after the business of its former partner Ripple in the middle of their legal battle over an option for digital currency worth $1 billion.

The Federal Reserve Board governor sketched out a future in which U.S. banks remain at the center of commercial transactions.

Appliances, wearables, vehicles and other machines may deliver information directly to a blockchain that would validate personal and device identity.

Sir Tim Berners-Lee, creator of the World Wide Web, exhorted developers to think about unintended consequences, saying he felt guilty over the digital divide and the proliferation of fake news.

Hackers accessed driver’s license data on nearly 11 million people, the company says; the rally in bank shares may sputter out if third-quarter earnings reports disappoint.

SBI Ripple Asia has formed a partnership with Dayli Intelligence to build a presence across Asia.

GlobalID stands out from scores of similar companies and projects by attempting to wed self-sovereignty with regulatory compliance. If its technology works, it could alleviate a major cost for banks.