• February - Half Year Results

• May - Announcement of diversification to remittance market and $3.5m placement to fund development of AirPocket.

• August - AirPocket security and product testing completed successfully. Money transmitter services secured.

• September  - Second Phase AirPocket security testing delivers exceptional results. Annual Report for year end June 2015.

• October - AirPocket first stage public beta completed. Company rebranding and launch of new website www.digitalX.com

• November - Company name officially changed to DigitalX LTD.

We look forward to 2016 and many new developments, including the commercial launch of AirPocket! We wish you all a very Happy Holiday and New Year!

In recent weeks, we’ve seen banks start to embrace the promise of the blockchain. Banks are keen to exploit blockchain technology (ie. secure distributed ledger) not only as a means of offering financial transparency to their customers, but also as a faster and more cost effective  way to do business.

In fact, with so many bank and financial institution-led projects exploring blockchain technology, investment bank Magister Advisors predicts that up to $1B will be spent on on this front in 2017!

1. Deutsche Bank Explores Outlook For Instant Payments & Blockchain Brings Options
2. Major Global Banks Begin to Embrace Bitcoin and Blockchain Technology
3. ING Exec: ‘All Our Business Lines’ Involved in Blockchain Exploration
4. Commonwealth Bank says blockchain may transform trade finance, share trading
5. R3 Developing Open Source Blockchain for Banks, says Head of Research
6. Blockstream’s Austin Hill: Some Banks Have 150 People Working on Blockchain Technology
7. Big Banks Are Hopping On Bitcoin's Blockchain Bandwagon