UK-based banking giant HSBC is seeking Korean banking partners to expand the R3-backed blockchain platform Voltron to the region. United Kingdom-based banking giant HSBC is seeking banking partners in South Korea to deploy the blockchain platform Voltron in the country, Korean news outlet The Korea Times reports on Tuesday, March 12. As reported, Voltron is […]
Continue ReadingSIX Swiss Exchange will use R3’s Corda Enterprise platform for its forthcoming blockchain-powered digital exchange. Switzerland‘s principal stock exchange, SIX Swiss Exchange, has chosen to use blockchain consortium R3’s Corda Enterprise platform for its forthcoming blockchain-powered digital exchange. The news was revealed during the R3-hosted Corda Day event in Singapore on March 6. The SIX […]
Continue Reading
SMBC conducted a proof-of-concept of R3’s Marco Polo with a multinational Japanese player. Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. A press release confirmed the PoC completion on Feb. 18. SMBC, which is the only Japanese bank participating […]
Continue Reading
Luxembourg regulators have approved a bill that would provide more legal certainty to transactions made on blockchains. Luxembourg lawmakers have passed bill 7363 into law, facilitating the use of blockchain technology in financial services, according to an official announcement published by the country’s parliament, the Chamber of Deputies, on Feb. 14. The new law aims […]
Continue Reading
JPMorgan exec Etienne Amic was appointed as new CEO at Vakt, a blockchain-based commodity post-trade platform. Former JPMorgan Chase executive Etienne Amic has been appointed as new CEO at Vakt, a blockchain-based commodity post-trade platform, according to a press release shared with Cointelegraph on Feb. 13. Having served as a managing director at both JPMorgan […]
Continue Reading
Global investment bank Credit Suisse and Banco Best completed end-to-end fund transactions on blockchain. Global investment bank Credit Suisse and Portuguese Banco Best have completed end-to-end fund transactions on blockchain, according to a press release published Feb. 7. The financial institutions have reportedly processed every part of the fund trade process by implementing a blockchain-based […]
Continue Reading
Béatrice Collot, Head of Global Trade at HSBC, said that transparency and instantaneity are two central strengths of blockchain. Transparency and instantaneity are the main strengths of blockchain technology, an HSBC executive claimed in an interview with French business and tech journal L’Usine Digitale, Feb. 4. Béatrice Collot, Head of Global Trade and Receivable Finance […]
Continue Reading
Deutsche Börse, HQLAx have been actively working on their blockchain-based securities platform, announcing that six banks having launched integration. Major global securities marketplace Deutsche Börse has reported it is “making significant progress” on its blockchain-based securities lending platform, according to an official press release on Jan. 29. The platform is being co-developed by the German […]
Continue Reading
Two executives at blockchain startup R3 are reportedly departing from the company, according to sources familiar with the situation. Two executives at blockchain consortium R3 are reportedly planning to depart from the company amid a larger internal reorganization, sources familiar with the situation reported on Jan. 26. R3 is an enterprise software firm that focuses […]
Continue Reading
ING bank has signed a five-year deal to have unlimited licences for R3’s commercial blockchain platform, Corda Enterprise. Dutch international bank ING has signed a deal with enterprise blockchain consortium R3 for access to R3’s commercial blockchain platform, according to a press release published Jan. 22. As a part of the five-year agreement, ING Bank […]
Continue Reading