2023-9-19 12:26 |
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority. origin »
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Commercial bank National Bank of Canada is working with IT consulting firm CGI and blockchain startup Skuchain to trial blockchain for operations involving standby letters of credit and guarantees.
2018-10-23 19:07 | |
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CGI, Group Inc. , a renowned IT, and business consulting firm, announced on October 21 a collaboration with the National Bank of Canada and Skuchain, a blockchain technology company aimed at optimizing the supply chain, in a pilot program to streamline and improve the process for negotiation standby letters of credit and guarantees.
2018-10-23 15:59 | |
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The National Bank of Canada has announced the successful completion of a pilot program in collaboration with IT firm CGI and blockchain startup Skuchain to use blockchain technology in trade finance.
2018-10-23 21:52 | |
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Feniks. Finance is a new financial blockchain based system, created on a fundamentally new concept, capable of scaling its speed as needed and adding new functionality. Feniks. Finance can be used as an international banking system for information transfer and payment execution.
2018-9-4 12:03 | |
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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 | |
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Ondo Finance and Plume Network are teaming up to bring Ondo’s tokenized U.S. Treasuries products to more investors across the real-world assets finance ecosystem. The partnership between Ondo Finance (ONDO) and modular layer-1 blockchain for RWAfi Plume Network targets RWAfi.…
In the upcoming week, a token release of over $5 million will take place, featuring assets such as SUI, OP, ZETA, KAS, DYDX, ENA, and others.
BounceBit, the native Bitcoin restaking blockchain, is one of the cryptocurrency projects enjoying a bumper Santa rally as its token jumps over 16%. On Dec. 24, the price of BounceBit (BB) rose to above $0.43, and this came after the…
Allo, a real-world assets tokenization platform, has secured $100 million in debt financing to bolster its Bitcoin-backed lending business. On Dec. 23, the Allo team announced the platform had successfully secured the Bitcoin (BTC)-backed credit facility in a financing round…
Plume Network is partnering with Google Cloud and CloudMile to transform the real-world assets market with artificial intelligence. The full stack layer-1 blockchain seeks to redefine the RWA ecosystem and disclosed the partnership in an announcement on Dec. 20. According…
Binance CEO Richard Teng predicts a transformative 2025 for crypto, fueled by institutional participation, regulatory advancements, and product innovation. The post Binance CEO Richard Teng Predicts 2025 Crypto Boom: ETFs, Stablecoins, and DeFi appeared first on BeInCrypto.
Tokenization could make real estate more accessible to a wider range of investors, thereby increasing liquidity in the real estate market.