RBS tests Ethereum blockchain for domestic payments system
Sep 26, 2016 05:33 am UTC| Digital Currency
The Royal Bank of Scotland (RBS) has announced that it has built a Clearing and Settlement Mechanism (CSM) based on the Ethereum distributed ledger and smart contract platform. Built by the Innovation Engineering team...
Global banks join forces to establish blockchain-based payments network
Sep 26, 2016 04:20 am UTC| Digital Currency
Leading global banks have teamed up to establish the first interbank group for global payments based on distributed financial technology, called as the Global Payments Steering Group (GPSG). Founding member banks of the...
Sep 23, 2016 13:08 pm UTC| Digital Currency
Leondrino Exchange, a private virtual currency wallet, announced that it has formed a strategic partnership with BigchainDB, a scalable blockchain database, and a software and consulting firm Tymlez, in order to build...
UK Government calls for distributed ledger project proposals
Sep 23, 2016 11:29 am UTC| Digital Currency
The UK governments competition has invited applications from projects that showhigh-growth potential innovations including distributed ledger technologies. According to the competition website, Emerging and Enabling...
IBM and UnionPay create blockchain-based system for loyalty points
Sep 23, 2016 10:38 am UTC| Digital Currency
Tech giant IBM and Chinese payment settlement network UnionPay has announced a partnership to develop a blockchain-based system for trading loyalty points. According to the reports by Financial Times, the collaboration...
Sep 23, 2016 07:43 am UTC| Digital Currency
BlockApps, a leading Ethereum enterprise blockchain developers platform, has announced that it is expanding its global access of Blockchain-as-a-Service to China. In order to achieve this, it is working in conjunction with...
ConsenSys uPort wins International Blockchain Summit
Sep 23, 2016 07:30 am UTC| Digital Currency
ConsenSys uPort team has announced that it has won best blockchain application in the International Blockchain Summit Demo Day that was held in Shanghai and also released the first draft of the whitepaper titled UPORT: A...