2021-2-23 14:32 |
State Bank of India, the country's largest bank, is in the news today after a report by the Economic Times revealed that the country has joined JP Morgan's much-hyped blockchain payments network.
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Deutsche Bank, a leading German multinational investment bank, has announced its latest move in the crypto and blockchain space. As well as MAS, the collaboration also includes Web3 interoperability platform Axelar Network and Memento Blockchain.
2024-5-14 16:36 | |
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U. S financial giant Bank of America has joined the Paxos Settlement Service to use blockchain technology to achieve same-day settlement of stock trades. Bank of America to Settle Stock Trades Using Paxos Blockchain Solution This development was revealed by media outlet Bloomberg on Monday.
2021-5-18 22:45 | |
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Major Russian bank VTB uses a central bank-backed blockchain to issue bank guarantees to local cellular network giant MTS.
2020-12-21 15:09 | |
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The state-owned China Construction Bank (CCB) is preparing to become the first Chinese bank to issue bonds using blockchain technology. The bank has partnered with Hong Kong’s Fusang Exchange to launch the sale of $3 billion worth of debt represented by blockchain tokens.
2020-11-12 17:53 | |
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According to a press release issued on May 15, 2020, Singapore-based group of technology companies Anquan Capital Pvt. Ltd. – responsible for the launch of the high-throughput network Zilliqa (ZIL) – has joined forces with the fintech arm of German bank WEG Bank AG to explore blockchain applications for banking and financial services.
2020-5-19 14:00 | |
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Ripple has onboarded the National Bank of Egypt to its blockchain powered cross-border payments network, RippleNet
2020-2-13 13:43 | |
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The next decade will see a digital transformation in China with blockchain adoption, according to Minsheng Bank’s chairman
2020-2-4 01:11 | |
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London, United Kingdom: November sees the appointment of David Taylor as Interim CMO at BABB (Bank Account Based Blockchain) – an aspiring blockchain-based regulated bank, situated at Level39 in London’s Canary Wharf.
2019-11-8 19:48 | |
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China’s central bank and financial regulator, the People’s Bank of China (PBoC) has endorsed the revolutionary distributed ledger technology (DLT). The apex bank has made it clear that blockchain tech has real use cases in the financial sector, as it significantly reduces the risks involved in trade finance, reports Reuters on November 6, 2019.
2019-11-7 14:00 | |
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A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance.
2019-10-28 13:30 | |
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The US’ largest bank has signed the first lender from cryptocurrency-friendly Singapore to its Blockchain payments platform. OCBC Joins 342 Banks Keen On Quorum In a press release on September 19, JPMorgan Chase confirmed more than 300 banks were now involved in the Interbank Information Network (IIN).
2019-9-20 13:00 | |
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The blockchain space is growing and global banks are moving with it. Since the launch of JP Morgan’s blockchain settlement system, Interbank Information Network (IIN) on Quorum, a platform built on Ethereum, over 300 banks have joined in.
2019-9-16 17:35 | |
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During an interview with MoneyControl. com, Akhil Handa, Head of Fintech & Partnerships and Mobile Banking at Bank of Baroda, explains how the bank is keeping up with the time thanks to digital innovations such as blockchain.
2019-9-12 01:00 | |
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UAE-based bank, Abu Dhabi Commercial Bank [ADCB], is the latest member to join the blockchain community. The bank will reportedly use a blockchain platform offered by Singapore-based dltledgers, in order to deliver digitized trade finance to its customers.
2019-9-5 14:00 | |
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Coinspeaker UnionBank Launches Stablecoin, Carries Out First Bank Blockchain TransactionUnionBank uses its i2i platform to offer the first bank-blockchain transaction in the Philippines connecting islands, individuals, and institutions while offering financial services to the unbanked Filipinos.
2019-7-31 13:36 | |
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Thai Central Bank Has Created A Blockchain Solution To Digital Currency Project The Bank of Thailand, known as the central bank of the country, has recently decided to move ahead one of its most interesting blockchain projects, a digital currency that will be based on the blockchain technology. This new solution will be used in […]
2019-5-8 23:38 | |
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The Dutch central bank developed and evaluated four distributed ledger technology (DLT) prototypes in three years, but so far blockchain hasn’t lived up to the hype, The Banker reports. In fact, the only use-case it can easily envision is cross-border payments, after it discovered that markets with efficient payment systems that exist (such as Nordic countries and the Netherlands) don’t really benefit from blockchain.
2019-5-1 17:15 | |
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Bank of America (BofA), a U. S. investment bank with offices in London, Toronto, Hong Kong, and more has spent the last five years working on how the world of finance can adopt blockchain technology.
2019-3-27 14:59 | |
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An executive at Bank of America has recently put forth comments which go against the growing adoption for cryptocurrency and blockchain in 2019. According to a report published by CNBC on Mar. 26, Bank of.
2019-3-26 19:09 | |
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A consortium of 11 big lenders in India, including the likes of ICICI Bank, HDFC Bank, and Axis Bank is set to launch the nation’s first blockchain-powered fund for small and medium-scale enterprises, reports Economic Times, January 28, 2019.
2019-1-30 21:00 | |
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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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China's central bank is looking to recruit blockchain tech and legal experts as it continues development of a yuan-based digital currency.
2018-10-11 15:00 | |
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Multinational banking firm Standard Chartered is teaming up with manufacturing giant Siemens to put bank guarantees for trade finance on a blockchain.
2018-8-29 17:00 | |
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The World Bank has chosen the Commonwealth Bank of Australia to help organize a new Ethereum blockchain bond denominated in Australian dollars. The bond is projected to raise between $50-$100 million, and proceeds will go towards sustainable development initiatives.
2018-8-13 08:00 | |
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The Commonwealth Bank of Australia has been chosen by the World Bank Group to help issue a bond on a blockchain.
2018-8-10 09:00 | |
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Agricultural Bank of China Proposes Blockchain Technology for Farming Mortgage Loans According to Chinese news platform, financialnews. com. cn, the country’s largest bank, Agricultural Bank of China (ABC) has invested nearly 2 million yuan into potentially using blockchain technology to better collect and store information.
2018-8-1 10:01 | |
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A new global trade experiment with blockchain technology has been marked successful by the Commonwealth Bank of Australia, according to a press release on Monday. In a bid to enhance multiple aspects of the supply chain process, the bank combined cutting-edge solutions such as distributed ledger technology(DLT), Internet of Things (IoT), and smart contracts into […] The post Commonwealth Bank Of Australia Records Amazing Blockchain Success appeared first on ZyCrypto.
2018-7-31 20:10 | |
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The Commonwealth Bank of Australia (CBA) has announced the completion of a successful trade using its new blockchain platform, according to its July 30 press release. In a collaborative effort involving five domestic and international “supply chain leaders,” the bank used blockchain to track a shipment of 17 tons of almonds from Melbourne to Hamburg,
2018-7-30 16:34 | |
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The Commonwealth Bank of Australia announced it has successfully completed a new blockchain-powered trade experiment at a global scale, as spotted by CoinDesk. The bank confirmed it tracked a batch of 17,000 kilograms (approximately 37,000 pounds) of almonds using a private blockchain built on the Ethereum network.
2018-7-30 14:54 | |
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Banks and other financial institutions have never been particularly crypto-friendly. When it comes to blockchain technology, however, the story is very different. The Bank of England is looking to introduce a new payments system which will accommodate future blockchain integration.
2018-7-25 18:00 | |
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The chief of SBS Bank sees some possible applications for blockchain technology, but is not very enthusiastic about the cryptocurrencies.
2018-7-20 18:55 | |
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The Governor of the Bank of Thailand (BoT), said that the bank is considering blockchain technology for various applications during a speech at the the Bloomberg ASEAN Business Summit on July 12. The central bank’s governor Dr.
2018-7-14 16:08 | |
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Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly.
2018-6-12 22:22 | |
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The Dutch central bank has concluded that blockchain is not ready to replace the current interbank payment systems.
2018-6-11 13:39 | |
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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 | |
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India’s chief economic advisor wants regulators to foster innovation in the cryptocurrency sector while upholding transparency and accountability. Speaking at the Global Economic Policy Forum 2024, V.
Jetking Infotrain, a 77-year-old Indian IT training company, has become the first publicly listed business in India to adopt Bitcoin as part of its corporate treasury strategy. The company announced the purchase of 12 Bitcoin (BTC), valued at approximately $1.2…
The insights from the trial will be used to create a CBDC roadmap.
Binance accounted for the highest Goods and Service Tax evasion among registered cryptocurrency exchanges in India, according to the Indian Finance Ministry. Responding to a parliamentary question regarding tax compliance by cryptocurrency exchanges, Minister of State for Finance Pankaj Chaudhary…
India is strengthening regional ties to build a cross-border payments system
The Indian central bank governor views stablecoins as a risk to government sovereignty over the monetary system. Speaking at the G30 39th Annual International Banking Seminar held in Washington DC, Reserve Bank of India governor Shaktikanta Das said he has…
India is on the brink of a pivotal decision regarding cryptocurrencies as the government deliberates a potential ban on private digital currencies. The focus is now shifting towards the development of a Central Bank Digital Currency (CBDC) – the digital rupee.