Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain

Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria, has closed a €150 million loan using blockchain technology. Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has closed a €150 million loan using blockchain technology with Porsche Holding, the largest car distributor in Europe. The news was reported by financial news site Finextra Dec. 14. […]

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Hyperledger Onboards 12 New Members Including Alibaba Cloud, Deutsche Telekom and Citi

Open source initiative Hyperledger has announced 12 new members including Alibaba Cloud, Citi and Deutsche Telekom, among others. Hyperledger has onboarded 12 new members, including such major firms as Alibaba Cloud, Citi, and Deutsche Telekom, according to an announcement published on Dec. 11. Launched in 2016, Hyperledger is an open source project created by the […]

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Over-the-Counter Trading as the Latest Battleground to Secure Institutional Investment

As Coinbase and Poloniex open up dedicated investor accounts and Russia’s state-owned bank conducts a large over-the-counter transaction, OTC trading takes center stage in attracting institutional investors With the increasing trend for major financial institutions to invest in Bitcoin, United States crypto exchange and wallet provider Coinbase announced the launch of over-the-counter (OTC) trading for […]

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Swiss Post & Swisscom Launch ‘100% Swiss’ Blockchain Infrastructure

Switzerland’s national postal service Swiss Post and state-owned telecoms provider Swisscom are partnering on a “100% Swiss” permissioned blockchain infrastructure. Switzerland’s national postal service Swiss Post and state-owned telecoms provider Swisscom are partnering on a “100 percent Swiss” blockchain infrastructure, according to a press release Dec. 6.   The new infrastructure is reportedly the first […]

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Hyperledger Announces New ‘Cryptography Library’ for DLT Development

Hyperledger announced Ursa, a modular cryptography software library meant to ease the development and interoperability of blockchains. The Hyperledger Technical Steering Committee has approved the Ursa project, a modular cryptography software library, according to an official announcement Dec. 4. According to the statement, as Hyperledger has matured, projects “have started to find a need for […]

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Global Retail Giant Auchan Expands Blockchain Tracking Solution to Five More Countries

French retail giant Auchan has expanded its blockchain products’ traceability solution after successful a 18-month pilot in Vietnam. Global retail giant Auchan is expanding TE-FOOD’s blockchain solution to improve the transparency of products’ history, U.S.-based news agency Cision PRWeb reports today, Dec. 4. The French retail group, which is reportedly the 13th largest food retailer […]

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Amazon Presents Its Quasi-Blockchain Solution, Platform for Ethereum and Hyperledger Fabric

More about Amazon’s recent blockchain-related offerings. On Nov. 28, e-commerce giant Amazon announced two blockchain-related products: Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. The company hence marked its further expansion into the field of blockchain technology, which started with blockchain-related patents and collaborations that Amazon has seemingly chose over working with cryptocurrencies, per […]

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