Corda Blockchain Trade Finance Platform Marco Polo Sees First Transactions

Blockchain consortium R3’s trade finance platform Marco Polo has completed its first real transactions, a press release from Commerzbank, one of the participants, confirmed on March 28. Marco Polo, which is built on R3 enterprise blockchain platform Corda, successfully facilitated a trade between Germany and China, involving two German firms. Tech group Voith and pump manufacturer KSB SE were the initiators of the transactions,…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email
Swiss Stock Exchange SIX to Use R3 Corda Enterprise for Blockchain-Based Trading Platform

Swiss Stock Exchange SIX to Use R3 Corda Enterprise for Blockchain-Based Trading Platform

Switzerland‘s principal stock exchange, SIX Swiss Exchange, has chosen to use blockchain consortium R3’s Corda Enterprise platform for its forthcoming blockchain-powered digital exchange. The news was revealed during the R3-hosted Corda Day event in Singapore on March 6. The SIX Swiss Exchange sees roughly 4.62 billion Swiss Francs (CHF) (~$4.6 billion) in daily turnover, and…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email
Blockchain Use In Banks Is At An All-Time High, Here’s What We Know

Blockchain Use In Banks Is At An All-Time High, Here’s What We Know

Despite being initially created as the driving force behind cryptocurrencies, specifically Bitcoin, Blockchain technology has certainly come on leaps and bounds over the past decade. Not only is it the scaffolding through which thousands upon thousands of cryptocurrencies are now being created, but it has become the technology of choice for leading banks searching for…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email
R3 Puts Blockchain KYC Tool To The Test With French Treasurers

R3 Puts Blockchain KYC Tool To The Test With French Treasurers

Blockchain company R3 is putting its Know Your Customer (KYC) solution to the test with dozens of French companies and corporate treasurers, according to BTC Manager reports Wednesday (Dec. 5). The French Association of Corporate Treasurers (AFTE) is supporting the pilot of R3’s KYC proof-of-concept solution by a group of French companies, including RCI Bank,…

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Email