Digital LedgerRSS

IBM and seven European banks team for SME trade finance blockchain project

SAP launches Blockchain-as-a-Service

A group of seven large European banks, Digital Trade Chain Consortium, have turned to IBM to build and host a new trade finance platform, based on IBM Blockchain powered by Hyperledger Fabric.

Bitpay’s Visa branded prepaid card for Bitcoin goes global

Get you Bitcoins

Bitpay has released its Visa-based prepaid debit card in 131 countries. The card “makes it possible for users to convert Bitcoin into a spendable dollar, euro or pound balance” on the card in a matter of minutes, the company says.

SEC deals another blow to Bitcoin trading; ECB says “no” to blockchain

Regulators not keen on blockchain and Bitcoin

The US Securities and Exchange Commission (SEC) again has denied the listing and trading of Bitcoin, the decentralised digital currency. Meanwhile, the European Central Bank (ECB) has determined that whilst distributed ledger technology (DLT)/blockchain, has its advantages, it is not an option for the Eurosystem’s financial framework.

R3, HQLAX and five banks build collateral lending solution on blockchain

Blockchain

Distributed ledger technology (DLT) consortium R3, together with five of its members and financial resource management specialist HQLAX have built a collateral lending solution for liquidity transfers. The solution is based on R3’s flagship platform, Corda, and is “an operating model for a digital collateral receipt (DCR) lending marketplace”.

Fintech in the US: the state of the union is questionable

Two US credit unions outsource core processing to Symitar

An overview of the current fintech regulation in the US by the prudential regulators: the OCC, the FDIC, and the Federal Reserve.

Attic Lab and Bank Alliance to build blockchain-based payments system

Blockchain comes to Ukraine

Ukrainian fintech start-up Attic Lab has signed its second deal to implement SmartMoney, a blockchain-based digital money system, at a local bank. This is with Bank Alliance.

SEC says “no” to Winklevoss Bitcoin exchange-traded fund

No Bitcoin traded here

The US Securities and Exchange Commission (SEC) has dashed the hopes of internet entrepreneurs and venture capitalists Cameron and Tyler Winklevoss, who were hoping to create an exchange-traded fund (ETF) for the virtual currency Bitcoin.

Illinois regulator joins global distributed ledger consortium R3

Interested in blockchain

The Illinois Department of Financial and Professional Regulation (IDFPR) has become the first US regulatory agency to join the R3 Consortium, a global partnership of banks and other parties working to develop distributed ledger-based applications for financial services.

Yes Fintech accelerator unveils 12 finalists

CEO is now Chief Cultural Transformation Officer

Yes Fintech, the accelerator programme of India’s Yes Bank, has unveiled its 12 finalists.

SIX Securities Services unveils blockchain based bond issuing solution

In today's blockchain news: Digital Asset Holdings and SIX Securities Services

SIX Securities Services, Switzerland’s post-trade market infrastructure says it has developed – “and intends to deploy” – a new bond issuing solution based on the distributed ledger technology (DLT).

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