The platform is intended to facilitate domestic and cross-border trade for small and medium enterprises in Europe and increase overall trade transaction transparency.
Seven large banks are collaborating to make domestic and cross-border commerce easier for European small and medium-sized enterprises.
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.
A number of the world’s leading banks have partnered to form Global Payments Steering Group, the first interbank group for payments based on the blockchain technology.
The San Francisco-based financial technology startup has announced partnerships with seven new banks to provide its blockchain platform for overseas payments.