The pilot project aimed at adopting blockchain for interbank payments will also involve the country’s stock exchange and eight local and foreign banks.
One of the leading consulting services companies has developed a new platform that will enable digital assets to be used for a range of services, including everyday commerce, banking, and other personal currency and asset related services.
Ten of the globe’s leading banks have worked with R3 to create a new service for Know Your Customer (KYC) procedure using the distributed ledger technology.
According to Seamus Cushley, financial organizations all over the world see a great potential in the blockchain technology trying to adopt it to various services.
R3 has announced a deal with Singapore’s financial regulatory authority to establish the first dedicated distributed ledger technology (DLT) Center of Excellence in the Asian region.
Australian online travel company has unveiled a new project that is likely to change the future of the travel industry, saving travel firms billions of dollars annually.
Microsoft promises the same great functionality as the original release in the Azure Quickstart templates along with a more robust user experience.
Iroha will allow even more developers to create projects and applications based on the distributed ledger technology.
Mastercard demonstrates its interest in the distributed ledger technology adding three blockchain APIs to its developer site.
Bitcoin has reached its highest value in the past three months, while Chinese central bank is tightening its control over the wealth management product funds.
Synereo wants to use the investment to truly disrupt the traditional role of centralized servers.
Speaking at the Money 20/20 conference on Tuesday, Overstock’s communications director, Judd Bagley, announced the company will commence trades on its blockchain platform this December.
The first blockchain-based transaction to ship cotton to China from the United States has taken place between banks.
R3 CEV has created its blockchain-based platform Corda specially for financial sphere.
The distributed ledger, called Assembly, is the first one that can be used in institutional finance.