Bangladesh: Standard Chartered Issues Letter of Credit on Blockchain

2020-8-17 22:15

Standard Chartered Bank has successfully executed Bangladesh’s first blockchain trade transaction by issuing a Letter of Credit over the Contour blockchain network, New Age reports. Letter of Credit Issued on Blockchain In a first for Bangladesh, Standard Chartered Bank issued a Letter of Credit for ready-made garment exporter Viyellatex Ltd. origin »

BlockMason Credit Protocol (BCPT) на Currencies.ru

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Источник: btcmanager.com

credit blockchain → Результатов: 126

Korea’s Biggest Credit Card Firm Wins Patent for Blockchain Credit System

Shinhan Card has been granted a patent for a blockchain payment system that could reportedly do away with physical credit cards.

2019-7-15 13:15
credit blockchain system patent card reportedly could

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Ex-SoFI CEO’s Startup Closes $1 Billion Credit Line on a Blockchain

Figure Technologies, founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain.

2019-5-10 16:00
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How Blockchain is Changing the Nature of Credit Cards

CoinSpeaker How Blockchain is Changing the Nature of Credit Cards While blockchain has considerable, yet partly unsused potential in the wider financial markets, PumaPay has come to reform credit transactions and introduce cryptocurrencies into the consumer mainstream.

2018-10-31 13:42
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Blockchain Data Collaboration protocol credit status for unbanked

Points (PTS), a blockchain data collaboration protocol for better credit scoring and inclusive finance, has announced $ 8 million in funding from traditional and blockchain venture capital including DHVC, Cherubic Ventures, Ce Yuan, Ontology Foundation, Nest.

2018-7-21 13:16	Yuan
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POINTS Credit Scoring Firm Gets $8 Million to Build on Ontology Blockchain

Blockchain Data Collaboration Protocol, POINTS (PTS), Raises $8 Million From Funding Recently launched credit score data platform, POINTS, is looking to build a blockchain-based protocol on the Ontology blockchain after successfully raising $8 million through crowdfunding.

2018-7-21 23:08	News
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CFPB Launches Sandbox for Blockchain Innovation

The new fintech regulatory sandbox will look into activities of individual microlending while developing new alternatives for the traditional credit scores. On Wednesday, July 18, The Wall Street Journal announced that the U.

2018-7-20 19:32
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CFPB Launches Fintech Regulatory Sandbox To Foster Blockchain Innovation

The new fintech regulatory sandbox will look into activities of individual microlending while developing new alternatives for the traditional credit scores. The post CFPB Launches Fintech Regulatory Sandbox To Foster Blockchain Innovation appeared first on CoinSpeaker.

2018-7-20 15:56
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Singapore’s Points Blockchain Protocol Gets $8M Funding to Build Credit Scores Solution

Points will offer a blockchain-based data collaboration solution aimed to minimize risks to banks and other credit institutions in providing loans to the unbanked.

2018-7-20 15:24	News
credit points solution banks minimize risks institutions

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Credit Rating Firm Backs $8 Million Fundraise for Crypto Alternative

A blockchain startup has raised $8 million in a seed funding round with a mission to develop a protocol to serve the unbanked.

2018-7-20 03:00	Ontology
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MasterCard Apply Patent For Bitcoin Transactions

As the world of cryptocurrencies constantly evolves and changes, traditional institutions, such as banks, are trying to keep up with the crowd. Mastercard was able to receive a patent which allowed users to manage ‘fractional reserves of blockchain currency’.

2018-7-19 13:30	Breaking News
mastercard currency bitcoin patent blockchain apply transactions

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Bitcoin Transactions Might be Permitted on Credit Cards Thanks to Patent Filed by MasterCard

Consumers might one day be able to charge their purchases on their credit cards using bitcoin as a currency. On Tuesday, Mastercard won a patent to protect a method that would manage “fractional reserves of blockchain currency.

2018-7-18 20:13	transactions
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MasterCard Could Bring Crypto Payments to Credit Cards

Bringing cryptocurrencies closer to the global banking and finance system could help in the better adoption of these assets. As per CNBC, a new patent awarded to MasterCard could assist in bridging the gap between these two entirely distinctive systems.

2018-7-18 19:29	blockchain
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Blockchain Consortium R3 Welcomes Canada’s Large Credit Union Coalition to its Network

The Large Credit Union Coalition (LCUC) announced that it had joined New York-based enterprise software firm R3’s global blockchain ecosystem. The post Blockchain Consortium R3 Welcomes Canada’s Large Credit Union Coalition to its Network appeared first on CoinSpeaker.

2018-7-18 11:28
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A new patent Mastercard has could allow bitcoin transactions on credit cards

2018-7-18 10:09
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Canada’s Large Credit Union Coalition Joins Blockchain Consortium R3

The Large Credit Union Coalition, comprising of CIOs of the 16 largest credit unions in Canada, has joined blockchain consortium R3 to explore and develop its Corda platform

2018-7-18 02:12	#fintech
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Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar

Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.

2018-7-18 22:00	Investing
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Canada’s Large Credit Union Coalition Joins R3 Consortium

The blockchain consortium led by R3 has added Canada’s Large Credit Union Coalition (LCUC), which comprises 16 credit unions from Ontario, Manitoba, Saskatchewan, Alberta and British Columbia.

2018-7-18 21:20	News
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Credit Card Giant American Express Files a Patent for Blockchain-based Proof-of-payment Technology

The newly proposed blockchain system helps to provide concrete evidence of the transactions between merchants and customers in addition to the traditional receipts. The post Credit Card Giant American Express Files a Patent for Blockchain-based Proof-of-payment Technology appeared first on CoinSpeaker.

2018-7-16 16:32	XRP
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Carats.io ICO

Carats. io is creating the first financial market for diamonds. Using their state-of-the-art algorithm, Carats. io have developed a means to standardize prices for these non-homogeneous gemstones, creating the foundation for a diamond-backed digital currency.

2018-7-16 13:31
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American Express Thinks Blockchains Could Help Prove Payments

Credit card giant American Express may be looking into developing a new proof-of-payment (PoP) system based on blockchain technology.

2018-7-16 04:30	Original
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Everything You Need to Know About Kris Marszalek’s MCO Visa Cards

Kris Marszalek, who is the CEO and co-founder of blockchain-powered startup firm Crypto. com, announced the launch of the MCO Visa card. The card will enable users to spend digital coins at more than 40 million places.

2018-7-14 16:34	Cryptocurrency
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American Express Files Blockchain Proof of Payments Technology Patent

American Express Looking to Make Use of Blockchain-Based PPS (Proof-of Payments) System American Express, the credit card company recently filed a proof-of-payment system patent application to be based on the blockchain technology.

2018-7-14 00:09	News
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AmEx Applies For Patent To Put Proof Of Payment On Blockchain

The credit card giant’s newly published blockchain patent application proposes a different way to obtain proof of payment.

2018-7-13 21:02	Technology
proof payment blockchain patent application published newly

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LendLedger (LOAN Token): Decentralized Blockchain Crypto Lending Market?

Borrowers in the informal sector and small businesses face many challenges when they try to borrow credit from formal lenders. They are required to have a good credit record from banks and other institutional lenders.

2018-7-9 13:19	Blockchain Technology
lenders credit loans required procedures get too

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Blockchain Could Transform Trade Finance and Customer Due Diligence: EU Report

Trade finance is a complex and tedious process that involves a large number of participants. With the risks involved being quite high, especially in international trade finance, banks have stepped in to mitigate them through various products such as letters of credit and bank guarantees.

2018-7-7 01:00	European Union
finance trade blockchain through various products such

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LetsBet ICO

LetsBet is a blockchain based, decentralized P2P betting exchange. It is a automated match-making platform, where people could challenge each other, for example to bet on the results of games, to predict the correct scores or prices of stocks, currencies, etc.

2018-7-6 21:26
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IBM хочет отслеживать разработку программных продуктов с помощью блокчейна

Новая патентная заявка IBM описывает метод каталогизации обновлений кода на основе блокчейна. Об этом сообщает Coindesk. Описание приложения под названием Blockchain for Program Code Credit and Programmer Contribution in the Collective было опубликовано 5 июля Управлением по патентам и товарным знак...

2018-7-6 10:22	патенты
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IBM to use Blockchain Tech to Track ‘Collaborative Coding’ Milestones

A new patent application from IBM outlines a way for developers to catalog coding updates and milestones on a blockchain. The application – entitled “Blockchain For Program Code Credit and Programmer Contribution in a Collective” – was published on July 5 by the U.

2018-7-6 01:27
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SmartPesa Credible ICO (PESA Token): Credit Data For SMEs?

The problem with small businesses is that innovation and competition drives them. Consequently, this means the owners often find a hard time in obtaining the right credit data for their lending expenses.

2018-7-4 11:32	Cryptocurrency
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The Cross Chain Protocol Revolutionises The Blockchain Ecosystem

Blockchain’s rapid development has given rise to may different kinds of chains, naturally leading to the birth of a new technology — cross-chain technology. In fact, cross-chain applications has been a hot topic of discussion in the cryptocurrency community.

2018-7-1 22:00	Breaking News
blockchain technology new cross-chain ecosystem revolutionises kinds

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Briggs Automotive Company (BAC) & Poseidon Foundation Stellar Network Partner

This has been an interesting week in the crypto space, especially in terms of partnerships. This week, Poseidon Foundation, which is a carbon credit and marketing blockchain NGO built upon the Stellar network partnered with Briggs Automotive Company (BAC).

2018-6-30 05:58	News
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BBVA Signs Agreement With Repsol to Develop Blockchain Financial Solutions

BBVA and Repsol have signed an agreement to work together on developing a blockchain financial solution that renews a 325-million-euro credit line. The revolving credit facility (RCF) is being used on the blockchain for the first time.

2018-6-22 23:10	blockchain
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BBVA Partners with Repsol to Leverage Blockchain, the Bank Issues €325M Credit Facility with DLT

Banking giant BBVA announced a deal with energy giant Repsol to leverage blockchain for corporate finance solutions.

2018-6-20 22:37	News
giant bbva leverage blockchain repsol deal announced

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Blockchain Startup Power Ledger Brings Electricity Sharing to Silicon Valley

Australian based peer to peer energy trading platform Power Ledger will collaborate with Silicon Valley Power to track the renewable energy use of electric vehicles. First Carbon Credit Project Perth startup Power Ledger has been pioneering blockchain based peer to peer renewable energy projects in countries around the world.

2018-6-20 13:00
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Top Investors Have Quietly Earned a 60% Return, Why Are You Hesitating?

June 13th Singapore time, after a long period preliminary review and examination, DAGT, one of the world’s first digital asset credit pledge platforms which is based on blockchain technology, successfully listed on the ForkDelta Digital Asset Exchange (#2 Ranked Ethereum Dapp by active users).

2018-6-20 22:00	Press Release
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Nairobi’s Retailers Show How Blockchain Tech Can Get Good Loans for Their Business

Informal sector traders and retailers in Nairobi are overcoming credit apathy by the country’s banks with new age blockchain technology marketplace apps. They are using an online marketplace called Twig, a startup backed by IBM.

2018-6-14 15:31
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Chinese stocks to Put Credit Boycott on a Shared Blockchain

The banking arm of Chinese retail giant Suning is testing a consortium blockchain that would allow participating banks to record and update a shared ledger of users with bad credit scores. According to a local news source Sina Finance on Thursday, Suning Bank developed the blockchain system in order to move its blacklist of suspect

2018-6-14 13:54	transactions
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Chinese Banks to Put Credit Blacklist on a Shared Blockchain

The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.

2018-6-14 11:00	Loans
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Op Ed: Venmo Offers the Ultimate Cryptocurrency Experience

Venmo could be the ultimate cryptocurrency experience from a user-experience perspective. Any cryptocurrency that seeks to power the future of global transactions must ensure that it is supported by a payment system that is simple, user-friendly and free — like Venmo.

2018-6-11 16:51	Adoption & community

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Ethereum ‘commoditized itself’ by shifting value to layer-2s, Standard Chartered says

Standard Chartered analysts say Ethereum is going through a “midlife crisis,” with ETH struggling to hold around $2,000. Ethereum (ETH) has seemingly stuck in limbo as it’s giving away its value for free to layer-2 networks while struggling to keep…

Standard Chartered slashes ETH price target by 60%, predicts $4k by year-end

Standard Chartered has changed its 2025 year-end price target for Ethereum from $10,000 to $4,000, citing structural challenges within the Ethereum ecosystem. The bank’s analysts attribute this adjustment to the impact of Layer 2 solutions, particularly Coinbase’s Base network, which…

Bitcoin Crashes, But Standard Chartered Sees $200,000 In 2025

In an interview with CNBC’s Street Signs on February 27, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, offered insights on Bitcoin’s recent price decline and laid out a bold forecast for the world’s largest cryptocurrency.

Standard Chartered teams up with Animoca Brands to issue Hong Kong dollar-backed stablecoin

Standard Chartered, Animoca Brands, and HKT have formed a joint venture to apply for a Hong Kong dollar-backed stablecoin license. Standard Chartered‘s Hong Kong branch, crypto venture firm Animoca Brands, and HKT have teamed up to launch a joint venture…

Bitcoin $166,000 Target Still In Play? The Extension That Determines Where Price Goes Next

Crypto analyst CryptoCon has reaffirmed that a Bitcoin price rally to the $166,000 target is still in play. The analyst further revealed what needs to happen for the flagship crypto to reach this ambitious price target.

Standard Chartered, Virtu Financial join new U.K. crypto derivatives platform

Standard Chartered, Virtu Financial, and ABN AMRO Clearing have been announced as strategic partners of Global Futures and Options Ltd. (GFO-X), a U.K.-based crypto derivatives platform. On Dec. 9, GFO-X announced that the three firms, alongside market maker IMC, are…

Bitcoin Price Around $200,000 “Achievable” By 2025 End, Standard Chartered Says

Bitcoin (BTC) price surged beyond $100,000 yesterday, propelled by multiple positive developments throughout the year. The flagship cryptocurrency’s ascent has led Standard Chartered to predict that BTC could double in price to $200,000 by the end of 2025.

2020-8-17 22:15

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