Banks

Belarus is actively involved in the development of legislative framework for cryptocurrency and blockchain development.

Falcon Private Bank becomes the first Swiss bank to directly offer Bitcoin and crypto-asset management.

Blockchain is expected to digitize the paper-based guarantee process, reduce possibility of fraud and improve efficiency.

Mizuho has completed a trade finance transaction between Australia and Japan, digitising documents’ dissemination process using a blockchain.

The banks will be mainly involved in testing and validating the application to evaluate how the technology scales and performs.

The platform is intended to facilitate domestic and cross-border trade for small and medium enterprises in Europe and increase overall trade transaction transparency.

More than 17 thousands participants allow Polybius gradually moving towards its goal to become a legal and trusted provider of personal data with focus on governmental acceptance.

The companies aim to arrange a complicated multinational insurance coverage through blockchain to ensure transaction security.

All the funds raised will be directed to the creation of Polybius Bank, the first digital bank that will combine features of modern banking, IoT, Big Data and Blockchain-based technologies.

The Polybius project aims to use blockchain-based, decentralized technologies to revolutionize the efficiency of the payments’ market.

R3 CEV aims to raise $150 million with the third tranche of fundraising round scheduled for later this year.

The new payment platform, which is set to be launched across France later this week, will allow users to make purchases using their mobile phones.

JP Morgan has announced its exit from the bank blockchain consortium, thus becoming the latest banking giant to leave the initiative.