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London blockchain conference featured representatives of IBM, KPMG, and the Dutch government

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On June 6 and 7, leading global blockchain specialists arrived in the capital of the United Kingdom to discuss trends of the crypto world and share the best practices. The reason was Blockchain International Show, the international event dedicated to cryptocurrencies, blockchain, and ICO.

Guests of Blockchain International Show were entrepreneurs, investors, developers, lawyers, executives of blockchain companies, startupers, traders, and crypto enthusiasts. 

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Coinbase has entered into a partnership agreement with the British bank Barclays

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The Coinbase exchange has concluded a deal with the British bank Barclays and has access to the inter-bank system Faster Payments Scheme, which makes faster transfers. This should facilitate the process of depositing and withdrawing funds for British users of the crypto exchange, because before that they had to use the services of one of the Estonian banks. Coinbase also received a license from the Financial Supervision Authority (FSA) of the United Kingdom, which allows the issuance of electronic money and provide payment services on the territory of the country. Thus, Coinbase was in fact equated with the rest of the country's financial institutions, since it will obey the same requirements and have almost the same opportunities. However, the company still has to pass several additional checks, for example, on the separation of customer funds.

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The Royal Mint of the United Kingdom introduced a mechanism for trading gold on the blockchain

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The Royal Mint of the United Kingdom tested the mechanism on the blockchain, monitoring the transactions with gold bars. To date, the Royal Mint Gold (RMG) system is still in test mode, but has already processed more than 50,000 units. The first block was mined on 2 August. It is designed to record sales and ownership of precious metals. The creators state that the system is built in such a way that it reduces all risk to zero.

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