Articles with tag like: distributed ledger technology

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FundsDLT and UBS AM explore blockchain-based fund distribution

News | Cryptocurrencies | 21 Oct 2021

Luxembourg-based decentralised fund transaction processing platform FundsDLT and UBS Asset Management (UBS AM) have successfully completed a pilot project on the feasibility of blockchain-based fund sales. 

study, report, blockchain, distributed ledger technology

ISB and coinIX invest in XVA Blockchain

News | Cryptocurrencies | 20 Sep 2021

Germany-based digital assets and blockchain technology investment company coinIX and Investment and Structural Bank Rhineland-Palatinate (ISB) are participating in a financing round for XVA Blockchain.

investment, cryptocurrency, blockchain, distributed ledger technology

Airbase now integrates with Intuit QuickBooks Desktop

News | Payments General | 11 Aug 2021

US-based Airbase, a spend management platform for companies from founding to IPO, has announces a native integration with Intuit QuickBooks Desktop.

distributed ledger technology, corporate card, real-time payments, instant payments

Switzerland adopts new blockchain and DLT rules 

News | Cryptocurrencies | 21 Jun 2021

The Swiss Federal Council has announced adopting new rules for blockchain and the distributed ledger technology industry (DLT).

cryptocurrency, regulation, blockchain, distributed ledger technology

Commerzbank reports first digital transactions via distributed ledger technology

News | Payments General | 01 Jun 2021

Commerzbank and Germany-based Landesbank Baden-Württemberg (LBBW) have reported their first fully digital transaction using Marco Polo's distributed ledger technology. 

partner, transactions , ERP, distributed ledger technology

Organisations are forecast to spend nearly USD 6.6 bln on blockchain solutions in 2021

News | Cryptocurrencies | 20 Apr 2021

A new update to the International Data Corporation (IDC) Worldwide Blockchain Spending Guide has shown that organisations are forecast to spend nearly USD 6.6 billion on blockchain solutions in 2021, an increase of more than 50% compared to 2020.

blockchain, cross-border payments, distributed ledger technology, trade finance, transactions , retail, insurance

Bank of England publishes policy regarding omnibus accounts in RTGS

News | Online & Mobile Banking | 20 Apr 2021

The Bank of England has published a policy regarding omnibus accounts: a new type of account available as part of the Real-Time Gross Settlement (RTGS) service.

banks, central bank, distributed ledger technology, cross-border payments

Dubai Economy and DIFC Authority to expand UAE KYC Blockchain Consortium

News | Digital Identity, Security & Online Fraud | 07 Apr 2021

Dubai Economy and Dubai International Financial Centre (DIFC) Authority have signed an agreement to expand the UAE KYC (Know Your Customer) Blockchain Consortium.

eKYC, digital onboarding, banks, distributed ledger technology

NFT, the market with a CAGR of 187% in two years

News | Digital Identity, Security & Online Fraud | 07 Apr 2021

NFTs (Non-Fungible Tokens) market cap has experienced a CAGR of 187% from 2018 to 2020, with USD 55 million in revenue for 2020.

digital assets, blockchain, Token, virtual asset, distributed ledger technology

Britain to focus on regulating stablecoins

News | Cryptocurrencies | 05 Apr 2021

The financial services minister of Britain has announced that Britain will focus first on regulating stablecoins rather than the broader cryptocurrency market.

cryptocurrency, stablecoin, financial services, regulation, distributed ledger technology, Bitcoin, e-money

DBS, Standard Chartered join group of banks to develop trade finance registry pilot

News | E-invoicing, SCF & E-procurement | 06 Oct 2020

DBS and Standard Chartered have jointly led a workgroup of 12 other banks to create and conduct a digital Trade Finance Registry (TFR) POC.

DBS, Standard Chartered, banks, trade finance registry, pilot, blockchain, distributed ledger technology, ABN AMRO, ANZ, CIMB, Deutsche Bank, ICICI, Lloyds, Maybank, Natixis, OCBC, Rabobank, SMBC, UOB

Standard Chartered completes cross-bank Letter of Credit blockchain transaction between Vietnam and Thailand

News | Cryptocurrencies | 11 Sep 2020

Standard Chartered has successfully completed the first cross-bank Letter of Credit (LC) transaction between Vietnam and Thailand conducted over blockchain.

Standard Chartered, cross-bank, letter of credit, blockchain transaction, payments, Vietnam, Thailand, distributed ledger technology, Contour, trade finance

Fincy reiterates security benefits of Distributed Ledger Technology in wake of Twitter hack

News | Cryptocurrencies | 20 Aug 2020

Fincy, a money app providing alternatives to existing financial services, has reaffirmed its commitment to distributed ledger technology (DLT) following the recent security breach at Twitter.

Fincy, money app, DLT, distributed ledger technology, encryption, security, Twitter attackers, data centralisation

essDOCS teams up with Infosys Finacle

News | E-invoicing, SCF & E-procurement | 09 Jul 2020

essDOCS, an enabler of paperless trade, has partnered with Infosys Finacle, part of EdgeVerve Systems, for driving automation in Trade finance processes though Distributed Ledger Technology (DLT). 

essDOCS, partnership, Infosys Finacle, blockchain, technology, finance, EdgeVerve System, distributed ledger technology, DLT, CargoDocs DocEx, Finacle Trade Connect, transactions , letters of credit, LCS, Documentary Collections, Guarantees, banks, data

Malta-based essDOCS, Infosys Finacle partner for trade finance automation

News | E-invoicing, SCF & E-procurement | 09 Jul 2020

SCF solution provider essDOCS and Infosys Finacle, part of EdgeVerve Systems, have partnered for driving automation in trade finance processes though Distributed Ledger Technology (DLT). 

essDOCS, Infosys Finacle, trade finance automation, SCF, EdgeVerve Systems, automation, distributed ledger technology, DLT, CargoDocs DocEx, blockchain, Finacle Trade Connect, digital solution, banks, electronic signing, supply chain, digitisation

Currency.com granted licence from the Gibraltar Financial Services Commission

News | Cryptocurrencies | 07 Jul 2020

Currency.com, a regulated crypto assets platform, has received a new distributed ledger technology licence from the Gibraltar Financial Services Commission (GFSC).

Currency.com, ICO, smart contracts, distributed ledger technology, cryptocurrency, FX , Gibraltar Financial Services Commission

Quant Network, SIA successfully test blockchain interoperability

News | Cryptocurrencies | 24 Jun 2020

Blockchain tech provider Quant Network and fintech SIA have successfully tested cross blockchain interoperability between multiple Distributed Ledger Technology protocols.

Quant Network, SIA, blockchain, fintech, interoperability, distributed ledger technology, Overledger technology, SIAchain, SIANet, crossplatform, payments, KYC, R3 Corda, Ethereum

Qatar Central Bank plans to adopt fintech and blockchain solutions

News | Payments General | 11 May 2020

Qatar’s central bank (QCB) has proposed a strategic plan to support venture capital funding and the development of SMEs, which involves fintech and blockchain implementation. 

Qatar Central Bank, QCB, Qatar Development Bank, QDB, fintech, blockchain, SME, venture capital funding, distributed ledger technology, DLT, transaction reporting, MENA

Ripple joins ISO 20022 standards body

News | Payments General | 07 May 2020

Cross-border payments network Ripple has become part of the ISO 20022 standards body, becoming one of its first members focused on distributed ledger technology (DLT). 

Ripple, XRP, ISO 20022, distributed ledger technology, DLT, RippleNet, API, global payments network, MUFG, SCB, Santander, SWIFT MT, cross border payments, payment messaging standard

South Korean Bank NongHyup launches DLT-based mobile identification system

News | Online & Mobile Banking | 03 Mar 2020

NongHyup Bank, a South Korean agricultural bank, has launched a blockchain-based mobile identification system.

Nonghyup Bank, South Korea, blockchain-based mobile identification system, blockchain, mobile, DLT, distributed ledger technology, distributed identity technology