Standard Chartered Conducts First Blockchain Trade in Bangladesh

Standard Chartered PLC,  a British multinational banking and financial services company headquartered in London, England, has successfully leveraged blockchain technology to conduct Bangladesh’s first blockchain trade transaction, according to Newage on August 16.  The Standard Chartered bank issued a Letter of Credit (LC) for the trade between garment exporter Viyellatex Ltd and Viyellatex Spinning on […]

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Banque de France Digital Currency Initiative

From LinkedIn: https://www.linkedin.com/pulse/collaboration-key-banque-de-france-digital-currency-initiative-treat We are living in a moment of incredible technology innovation that’s enabling greater collaboration, trust and resiliency. Entire ecosystems are moving away from traditional business models and exploring new ways of doing business. I’m very excited to announce that Accenture is continuing to drive innovation with central banks and core financial infrastructure in […]

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Smart Contract Language DAML Is Now Available on R3’s Corda

DAML, a major smart contact language designed for building business-level blockchain applications, has been integrated with R3’s blockchain. Developed by United States’ blockchain startup Digital Asset, DAML, or Digital Asset Modeling Language, is now available on R3 commercial blockchain platform, Corda Enterprise. A cross-platform alternative to Corda’s native programming language In order to bring the […]

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Standard Chartered Claims First Yuan-Based Letter of Credit Issued on a Blockchain

Standard Chartered says it’s issued the first blockchain-based international letter of credit (LC) transaction using China’s national currency, the yuan. The London-based bank said earlier this week that the transaction, for a deal between Australian mining giant Rio Tinto and Chinese steelmaker Baosteel, was carried out over the blockchain trade finance network Contour. LCs are […]

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R3 Corda Partners With Kaleido After Ethereum Startup Spins Out of ConsenSys

R3, the company behind distributed ledger technology (DLT) platform Corda, is edging ever closer to Ethereum, with news of a partnership with blockchain-in-the-cloud startup Kaleido. The announcement comes following Kaleido’s emergence as a standalone company last month. The startup revealed Tuesday it was spun out of ConsenSys, the Ethereum-based venture studio founded by Joe Lubin. […]

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