Bank of America, HSBC Develop Blockchain Prototype Solution to Replace LC Transactions
A group of banks, including HSBC and Bank of America, have created a new blockchain solution that will help to streamline the process of global trade.
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A group of banks, including HSBC and Bank of America, have created a new blockchain solution that will help to streamline the process of global trade.
The trials resulted in the development of two promising prototypes aimed to prove that shared ledger technology is a digital alternative for trade financing.
The Department of Economic Development of the Isle of Man has teamed up with Credits startup to test how the technology behind bitcoin can improve the safety of IoT objects.
The San Francisco-based browser startup has attracted $4.5 million investment from Propel Venture Partners, Pantera Capital and other prominent investors.
IBM Global Financing is going to employ the blockchain to free up capital tied in customer disputes.
The acquisition took place after long joint work and will enables the companies to remain at the forefront of innovation.
The globe’s major organizations, including Nasdaq, IBM, Microsoft and American Express, are expected to take part in the upcoming blockchain event in New York.
The cooperation with Visa will allow SatoshiPay to enhance its micro-payment technology.
Ethereum Classic now takes the sixth position in the list of cryptocurrencies with the largest market capitalization.
Ernst and Young explains that financial industry is far from being the only one that can benefit from the blockchain technology.
Mizuho has become one of the first Japanese banks to adopt blockchain using Ripple.
The companies have combined its experience to offer precise index representation of FinTech that now includes 49 companies.
SolidX unveiled its plans to launch an ETF product called SolidX Bitcoin Trust.
The Blockchain Innovative Center will focus on blockchain-based solutions for a number of spheres.
Although the Winklevoss Bitcoin Trust was initially listed on Nasdaq, Winklevoss brothers have decided to change it to BATS Global Markets.