President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency El Petro at all its branches. Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July […]

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IBM & Australian Banks Pilot Lygon Bank Guarantee Blockchain Solution

IBM and Scentre Group, a company that manages shopping centers, have teamed up with an association of Australia-based financial services companies in launching a pilot program that encodes retail lease bank guarantees onto a private blockchain, according to an IBM press release. With participation from organizations including ANZ, Commonwealth, and Westpac banks, Lygon was launched […]

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