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Monerium, an Icelandic startup planning to issue asset-backed, redeemable, and regulated e-money on blockchains through a licensed institution, has raised $2 million in a seed funding round. 
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Scoop.it!
Leading Nordic banks DNB Bank, Danske Bank, Nordea Bank, Svenska Handelsbanken, and Skandinaviska Enskilda Banken have announced plans to set up a KY
Vineet Anand's insight:
Nordic KYC Utility to create shared KYC infrastructure - possibly the use of DLT for centralized digital identities that will have the potential to share with third parties.
Scoop.it!
Legacy technology and interoperability could be the stumbling blocks to widespread uptake of distributed ledgers in the financial markets, creatin
Vineet Anand's insight:
Fed expresses concerns over disparate distributed ledger technology experiments with few that might bear fruit might make it challenging to scale!
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Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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Monerium raises seed round for Asset backed, regulated, redeemable e-Money on blockchain. The solution begs me to question - Is this a sustainable and a better path than the 2008 financial crisis in Ireland? DLT is going through the learning path / maturing on governance, price fluctuations of currencies, security, data storage