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Utility Settlement Coin (USC), a blockchain-based payments system involving commercial and central banks, will be working with Adhara, a stratup backed by ConsenSys, CoinDesk has learned.
Utility Settlement Coin, blockchain, cryptocurrency, payments system, Central banks, commercial banks, Fnality, Quorum, CBDC
Banking blockchain startup Clearmatics has completed a USD 12 million Series A funding round to help build modern financial market infrastructure.
Clearmatics, funding, finance, peer-to-peer networks, blockchain, banks
Thomson Reuters has partnered with Ethereum to host a weekend-long blockchain hackathon in London, England.
Thomson Reuters, blockchain technology, Hackathon, digital currency, cryptocurrency, innovation, UK, Ethereum
Switzerland-based bank UBS has started working on a prototype virtual currency to be used by banks and financial institutions as a basis to settle mainstream financial markets transactions.
Bitcoin, online payments, digital payments, cryptocurrencies, virtual currencies, financial institutions, UBS