Blockchain has proven its usefulness in finance, but now entrepreneurs and businesses believe it will allow many more industries to transform and improve. Various industries are now tapping into the world of blockchain reports Emma Thompson for Coin Rivet.

New Zealand can lead the world in financial technology, or fintech, which will totally transform the financial services industry economy, Xero small business director Nicole Buisson says.

You can expect a strong presence from New Zealand fintech companies at the upcoming Singapore Fintech Week 2018, with 12 confirmed to attend the world’s largest Fintech festival.

New Zealand will get its crypto-based dollars back early next year, in a move that will likely cause excitement among local cryptocurrency investors and enthusiasts, and incomprehension among the rest of the population

While the results from the review by the Financial Markets Authority (FMA) and the Reserve bank could have been more positive, New Zealand banks have been looking at options to improve customer experience and embrace the fintech community which is great for all Kiwis, FintechNZ general manager James Brown says.

A brother and sister team is behind one of New Zealand’s newest cryptocurrency exchange platforms designed for everyday investors. Alan and Janine Grainger, who are seasoned cryptocurrency investors, came up with the concept after discovering that friends and family were also interested but they simply didn’t know where to begin.

ASB has partnered with VerifyUnion, a decentralised identification platform, to launch New Zealand’s first bank blockchain single trade window.

The biggest and most significant event to consider the benefits and impacts of the burgeoning blockchain technology in New Zealand will be held in Auckland on October 12

02 Oct: 14;46 |New Zealand’s financial system remains sound and resilient, and the Reserve Bank is undergoing significant innovation to prepare for the future, according to the Bank’s Annual Report 2017-18 released today.

Any day now the Royal Commission will release its initial findings into its first ever review of the integrity systems of New Zealand’s financial system.