Articles with tag: ledger

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

11 Sep 2020 | Cryptocurrencies

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

Fed joins MIT's digital currency initiative to explore Central Bank Digital Currency

04 Sep 2020 | Cryptocurrencies

The Federal Reserve Bank (FRB) has taken CBDCs seriously and has been engaged in efforts to research a path toward implementation.

distributed ledger, CBDC, FED, MIT Digital Currency Initiative, digital currency, US, central banks, commercial banks

National Bank of Cambodia implements retail payments system using blockchain technology

21 Aug 2020 | Cryptocurrencies

National Bank of Cambodia (NBC), has partnered with Tokyo-based Soramitsu, a blockchain developer, to modernise the country’s legacy retail payments with the help of the Hyperledger Iroha blockchain framework.

Cambodia, banks, retail, payments, blockchain, technology, National Bank of Cambodia, NBC, Tokyo, Soramitsu, Hyperledger Iroha, Banking, digital, digital currency, merchants, mobile app, network

Asian blockchain adoption raises

20 Aug 2020 | Digital Identity, Security & Online Fraud

The COVID-19 pandemic has accelerated blockchain adoption across Asia as companies rely on the technology to secure their data as well as combat potential hackers and digital thieves.

Asia, blockchain, coronavirus, COVID-19, pandemic, technology, data, digital, bitFlyer, Japan, Singapore, Agricorp International, Cargill, startup, Dltledgers, insurance

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

20 Aug 2020 | Cryptocurrencies

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

Sberbank to launch blockchain platform made on Hyperledger Fabric

11 Aug 2020 | E-invoicing, SCF & E-procurement

Russia-based Sberbank has made plans to launch a blockchain platform designed for trade finance, built on Hyperledger Fabric

Sberbank, Hyperledger Fabric, blockchain, platform, Russia, stablecoin, digital assets, digital assets law, financial highlights

Ripple' Xpring gets additional investment in XRPL Labs

06 Aug 2020 | Cryptocurrencies

Xpring, Ripple’s open developer platform, has announced an additional investment in XRPL Labs to support the continued growth and development of its Xumm Wallet & Platform.

XRP Ledger, XRP, PayID, Xumm Wallet, Platform, investment, Ripple, Xpring

SEBA Bank to offer asset securitisation on the public Corda Network using DASL

16 Jul 2020 | Payments General

SEBA Bank, a FINMA licenced Swiss Bank, has announced plans to team up Digital Asset Shared Ledger (DASL), a liquidity network for digital assets.

SEBA Bank, FINMA licence, Swiss Bank, Switzerland, digital assets, Corda, Digital Asset Shared Ledger, DASL, tokenisation

essDOCS teams up with Infosys Finacle

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

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

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

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

Bank of Japan explores the potential offline use of a digital yen via CBDC

08 Jul 2020 | Cryptocurrencies

The Bank of Japan (BoJ) has published a research paper exploring the potential offline use of a digital yen using central bank digital currency (CBDC).

CBDC, central bank digital currency, decentralised CBDC, electronic money, smartphone, distributed ledger, SIM, cards, payments, Bank of Japan, Japan, BoJ

Currency.com granted licence from the Gibraltar Financial Services Commission

07 Jul 2020 | Cryptocurrencies

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

Trade Ledger, Equifax partner to transform SME credit scoring

29 Jun 2020 | E-invoicing, SCF & E-procurement

UK-based banking platform Trade Ledger and information solutions company Equifax have partnered to bid for the BCR Capability and Innovation fund (CIF).

Trade Ledger, Equifax, SME credit score, banking platform, BCR CIF, RBS Alternative Remedies Package, loan origination, digital credit, transaction data, banks, credit history, credit bureaus, open banking, UK

Quant Network, SIA successfully test blockchain interoperability

24 Jun 2020 | Cryptocurrencies

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

iSignthis increases stake in NSX through Probanx

02 Jun 2020 | E-invoicing, SCF & E-procurement

iSignthis has announced that the its subsidiary Probanx has taken up the option to participate in the NSX Limited capital raise.

iSignthis, NSX, Placement, Probanx, Clearpay, payments, banking, Digital Ledger Technology, DLT, Delivery versus Payment, DvP, NASDAQ

Xtracap secures USD 1 mln funding

21 May 2020 | Payments General

India-based Xtracap fintech has raised USD 1 million in an angel round of funding. 

Xtracap, fintech, funding, Bridge2Capital, mobile app, loans, GST supplier bill, invoice, coronavirus, online payments, online insurance, digital ledger

Japan's JCB, TECHFUND sign strategic partnership

18 May 2020 | Cards

JCB, a Japan-based credit card and payments company, has teamed up with TECHFUND, a technology startup accelerator, to build a payment system using blockchain.

JCB, TECHFUND, blockchain, Japan, B2B payments system, cards, distributed ledger technologies, Asia

Qatar Central Bank plans to adopt fintech and blockchain solutions

11 May 2020 | Payments General

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

Google, Gates Foundation partner to exceed the M-Pesa platform

07 May 2020 | Mobile Payments

Google and the Bill and Melinda Gates Foundation have initiated the Mojaloop Foundation, in order to develop a new M-Pesa platform. 

Google, Gates Foundation, M-Pesa, digital payments, mobile payments, Mojaloop Foundation, real-time payments, Interledger, Ripple

Ripple joins ISO 20022 standards body

07 May 2020 | Payments General

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