Singapore’s Central Bank, SGX Develop Blockchain Settlement System
Crypto News
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Crypto News
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Singapore’s Central Bank, SGX Develop Blockchain Settlement System

btcethereumadmin - November 12, 2018

The Monetary Authority of Singapore (MAS) and the country's stock exchange, Singapore Exchange (SGX), have developed a settlement system for tokenized assets that can work across different…

Canadian Bank Opens Deposit Box for Cryptocurrency Firms
Crypto News
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Crypto News
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Canadian Bank Opens Deposit Box for Cryptocurrency Firms

btcethereumadmin - November 9, 2018

A Canadian bank says its digital safety deposit box is ready for prime time. VersaBank announced Thursday that its new VersaVault project had successfully completed beta testing.…

BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain
Crypto News
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Crypto News
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BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain

btcethereumadmin - November 7, 2018

Spanish banking giant BBVA has completed a pilot that put a syndicated loan for $150 million on the blockchain. According to a report from the Financial Times…

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing
Crypto News
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Crypto News
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15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing

btcethereumadmin - November 6, 2018

The Depository Trust & Clearing Corporation (DTCC) has advanced its main blockchain project to a testing phase with 15 global banks, one of the last steps before…

Swiss Finance Watchdog Tells Banks to Treat Crypto Trading As High Risk
Crypto News
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Crypto News
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Swiss Finance Watchdog Tells Banks to Treat Crypto Trading As High Risk

btcethereumadmin - November 5, 2018

Switzerland's Financial Market Supervisory Authority (FINMA) is giving tough guidance to banks wanting to trade in crypto assets. According to a report from Swissinfo.ch, FINMA has issued…

Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance
Crypto News
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Crypto News
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Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance

btcethereumadmin - November 5, 2018

Oil and gas conglomerate Reliance Industries – owned by India's richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction. According to…

Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH
Crypto News
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Crypto News
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Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH

btcethereumadmin - October 31, 2018

"It appears to be a replacement for the entire ACH system of banking." Taariq Lewis, the founder of multiple blockchain startups and the SF Cryptocurrency Devs engineers…

This New Ethereum Software Client Is Built With Enterprises in Mind
Crypto News
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Crypto News
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This New Ethereum Software Client Is Built With Enterprises in Mind

btcethereumadmin - October 30, 2018

Enterprise ethereum may have just received a shot in the arm. Revealed exclusively to CoinDesk, Pantheon is a suite of ethereum-based services built by PegaSys, a 50-strong…

Ethereum’s Biggest Enterprise Group Is Releasing New Software Specs
Crypto News
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Crypto News
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Ethereum’s Biggest Enterprise Group Is Releasing New Software Specs

btcethereumadmin - October 30, 2018

The Enterprise Ethereum Alliance (EEA) has released its latest round of specifications – the next steps to harmonizing the way large companies use private versions of the…

Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech
Crypto News
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Crypto News
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Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech

btcethereumadmin - October 29, 2018

Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology. IT giant Fujitsu announced in a press release Monday that it…