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Tag Archives: corda

Hyperledger Releases New Version of its Flagship Framework Fabric 2.0

Hyperledger Fabric, the thriving open-source brainchild of the Hyperledger Foundation, now has a second version, Fabric 2.0. It has become known from an official announcement of its release.Second Version, First of its KindHyperledger was created in 2015 by the Linux Foundation and has had support from the most prominent or influential institutions, even from diverse spaces such as IBM, SUP, Intel, JP Morgan and even engineering conglomerates such as Daimler. The open-source blockchain...

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Corda: So funktioniert die Blockchain der Zentralbanken

Corda: Die "Blockchain" für Unternehmen. Die grosse Frage ist ja nicht, ob sich die Blockchain-Technologie durchsetzen wird. Die spannende Frage lautet ja, welche Blockhain-Plattform wird sich durchsetzen. Ethereum, Stellar, Tron und wie sie alle heissen. Sie alle sind eine Weiterentwicklung der Bitcoin-Technologie und bieten Smart Contrats, den Abgleich von Token und oft auch eine komplette API an. Nur, welche wird sich durchsetzen?...

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R3 Announces Succesful Completion of the Largest Blockchain Trade Finance Trial on Corda

New York-based enterprise blockchain technology company R3 has just successfully completed its largest finance trial test, according to a recent announcement. The move was a trial of the Marco Polo Platform for Open Account Trade Finance by R3 and was hosted on the company’s Corda blockchain.According to the announcement, the test had participation from more than 70 organizations across over 25 countries and five continents. It also had more than 340 participants and big names from several...

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NatWest Bank to Lead Blockchain Consortium to Simplify Mortgage Purchase in UK

National Westminster Bank (NatWest), one of the largest retail and commercial banks in the United Kingdom, has announced that it will lead a consortium that will leverage blockchain technology, to simplify and speed up the process of buying a property in the U.K.According to a recent Forbes report, NatWest will be leading this consortium with real estate blockchain startup Coadjute, along with six other firms including Dezrez Estate Agency Software, Search Acumen Property Data, LMS Panel...

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BNY Mellon Joins Trade Finance Blockchain Marco Polo Aiming to Go Live Quickly

The latest reports have revealed that the Bank of New York Mellon has officially joined the Marco Polo trade finance consortium. This consortium is known to run on R3’s Corda and BNY Mellon has become the 28th bank to join. The bank has been constantly investing in the blockchain space since 2015. As we highlighted previously, the investments have significantly increased in recent months.The $373-billion asset bank is reportedly evaluating Marco Polo’s technology intending to onboard clients...

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Sicherheit durch Token: Raiffeisen startet Testversuch

Raiffeisen International testet Security Token. Auch in der Schweiz arbeitet die Raiffeisen Bank mit Swisscom und Daura AG an einem Token-Projekt. Foto: Gebäude der Raiffeisen Schweiz in St. Gallen. Lizenz: CC 4.0 by JoachimKohlerBremen, Wikipedia Zusammen mit fast zwanzig anderen Banken startet Raiffeisen einen globalen Token-Test auf der durch Microsoft Azure gehosteten...

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SIX Digital Exchange Gathers Financial Institutions for Initial Digital Offering

In the latest development, Switzerland-based SIX Digital Exchange (SDX) has invited financial institutions from across the globe to back its Initial Digital Offering (IDO). SDX is a blockchain-based utility that is completely owned by the Swiss stock exchange SIX Group.The SIX Digital Exchange plans to launch its IDO in mid-2020. This will be just similar to a traditional IPO except for the fact that the shares will be in the form of security tokens available on the SDX platform.The...

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Wells Fargo Set to Debut U.S. Dollar-Pegged Stablecoin on Its Blockchain Platform

American multinational megabank, Wells Fargo, has revealed its plans to launch a digitized platform which will be used for internal settlements. The service, Wells Fargo Digital Cash, as well as the company’s own U.S. dollar-backed stablecoin, are slated for debut in 2020 and targeted at making USD transfers with a broader plan to accommodate transfers in other currencies within the whole Wells Fargo network.Wells Fargo is an American community-based financial services firm that offers...

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Mastercard and R3 Join Forces to Build Blockchain Cross-Border Payments Solution

Mastercard and fintech firm R3 have entered a partnership to develop a solution that will enable cross-border payments which include localized payments and interbank settlements and clearing of payment obligations. The solution will have a primary focus on connecting financial payment systems.Mastercard earlier this year has expanded its payment system with its acquisition of Transfast. This greatly improved its ability to clear transactions on a global scale as Transfast has operations and...

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