Saturday, September 19, 2020

Banks begin trial for blockchain-based foreign exchange

Cobalt DL has begun beta testing its blockchain-based, peer-to-peer foreign exchange network with a number of major banks.

R3 signs up BM&FBovespa as first exchange member

The rapidly expanding R3 distributed ledger consortium has added its first exchange, in the shape of Brazilian giant BM&FBovespa. Read more:

Juzhen rakes in $23m in largest Asian blockchain round

Blockchain post-trade startup Juzhen Financials has raised $23m in a Series A round of funding. The investment was led by Wanxiang Holdings. Read more:

A pitch perfect illustration of blockchain hype

If you’ve been paying the slightest attention to financial markets lately, you’ll know that blockchain is The New Big Thing. Read more:

Blockchain channel planned between New York and Stockholm

Swedish bank SEB will soon enable customers to make real-time transfers between accounts in Stockholm and New York. Read more:

Tech firm inks deal to build on R3’s Corda

The firms suggested that the trade confirmation app would be the first of a number of products developed by Calypso for the Corda platform. Read more:

Goldman, BofA patent blockchains for coming wars

Recently, some of the biggest names in business, from Goldman Sachs to Bank of America and Mastercard, have quietly patented some of the most promising blockchain technologies for themselves. Read more:

Hyperledger adds American Express as premier member

As a Premier member, American Express will contribute to the development of enterprise-grade, open source, distributed ledger technology. Read more:

Japanese banks complete money transfer pilot using Ripple

Blockchain is moving into production, 47 Japanese banks completed a pilot implementation of Ripple’s technology. Read more:

FCA publishes discussion paper on blockchain utilization

The UK Financial Conduct Authority (FCA) has published a discussion paper on distributed ledger technology (DLT) also commonly called blockchain. Read more: