Four banking giants have joined IBM-led and UBS-backed initiative to create a new global trade finance platform Batavia.
New platform designed to support trade finance transactions.
Six of the world’s biggest banks teamed up to create a new digital currency ‘utility settlement coin’ for clearing and settling financial transactions.
J.P. Morgan, Chase, Intel, Microsoft, Banco Santander and other firms have established an alliance to develop solutions for financial companies using Ethereum blockchain.
A group of eight banks, including UniCredit, HSBC, and UBS, have finally tested a distributed ledger prototype for bonds exchange using Intel’s blockchain platform.
The banks are planning to develop a new digital cash to serve as a standard for financial trades settlement.
The San Francisco-based financial technology startup has announced partnerships with seven new banks to provide its blockchain platform for overseas payments.
The blockchain holds huge promise for the future of the financial industry, with the world’s leading organizations developing solutions based on the bitcoin technology.
UBS Group AG partner Clearmatics continues raising its funds while UBS is working with blockchain.
Arjan van Os, Head of ABN AMRO Innovation Centre, has praised the blockchain technology in a blog post on the bank’s website.