Artificial intelligence and blockchain are buzzwords in virtually every industry, but there are specific ways these technologies can make improvements in the pension world, according to Serge Boccassini, manager for defined contribution product solutions at Northern Trust. “How can it be used to help people save more for retirement [and] save better for retirement? And […]
BMO Capital Markets, alongside the Ontario Teachers’ Pension Plan, has launched a pilot fixed income issuance transaction, mirrored on a blockchain platform. In the transaction, the Bank of Montreal acted as the issuer, while Ontario Teachers’ purchased a $250 million one-year floating rate deposit note. It marks the first Canadian dollar fixed income issuance showing the viability […]
The Public Sector Pension Investment Board is among investors taking part in a $250-million round of financing for Tradeshift, a global supply chain digital payments company. With the new round of financing, co-led by Goldman Sachs and totalling $400 million, the company is aiming to help buyers and suppliers digitize their trade transactions. “Given the rapid increase in […]
Coverage of the Investment Innovation Conference
But what exactly is blockchain? And how does it relate to bitcoin?
Next year will mark the 10th anniversary of bitcoin, a global electronic currency invented by a mysterious anonymous figure called Satoshi Nakamoto. The same individual also invented blockchain technology, which has become as ubiquitous a term as bitcoin. But what exactly is blockchain? How does it relate to bitcoin? And why is blockchain so important? […]
Preview of the 2016 Investment Innovation Conference