Banking Archives - Page 3 of 8

New blockchain-based Komgo platform set to transform commodity trading

Good news for traders across the world; global banks, along with international trading companies, have recently announced the first blockchain-based platform, called...

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Blockchain could lift trade finance by $1.1T, benefiting SMEs & emerging markets

The use of distributed ledger technology (DLT) could lead to a $1T boost in trade finance available to small and medium-sized enterprises...

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IBM takes real-time cross-border World Wire payments out of beta

IBM is taking its Blockchain World Wire cross-border payment platform out of beta. Based on Stellar protocol, IBM says the World Wire...

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JP Morgan CIO says blockchain will ‘replace existing tech’

The chief information officer of JP Morgan, Lori Beer, has said that blockchain will “replace existing technology”, according to the Argentinian website...

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World’s first blockchain bond is launched by World Bank and CBA

The World Bank and Commonwealth Bank of Australia (CBA) have launched the world’s first bond created and managed using blockchain technology. Announcing...

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Is blockchain the answer to avoiding VISA-sized woes?

In recent times data breaches were considered the biggest worries for financial institutions, however, a new reputational risk issue is now on...

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The future of financial markets lies in tokenised securities

In 2015, Santander predicted blockchain technology would drive a $15-$20bn (£11.8-£15.7bn) reduction in banks’ annual infrastructure costs by 2022. Now, three years...