KLM Royal Dutch Airlines Uses R3’s Blockchain for Financial Processes

As blockchain technology increasingly gains traction in the airline industry, another major international air company has announced a blockchain project. Flagship global airline KLM Royal Dutch Airlines is applying blockchain technology to facilitate intercompany settlements process with its subsidiaries. Part of one of the world’s biggest airlines, Air France-KLM, Royal Dutch Airlines has partnered with […]

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Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat

KYIV, UKRAINE — Central bank digital currencies (CBDCs) have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains.  Representatives of a number of the world’s central banks discussed their CBDC projects last week in Kyiv, Ukraine. The one-day conference was arranged by the National Bank of Ukraine, or NBU, […]

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R3’s Marco Polo Runs Largest Trade Finance Trial With Over 70 Members

The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial. Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the largest global trade finance trial that involved over 70 organizations from 25 countries including financial giants like Japanese SBI Holdings, according to […]

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Commerzbank, Deutsche Börse and MEAG reach further step in post-trade services using DLT

Settlement via securities and cash tokens and further use as collateral at Eurex Clearing’s Central Counterparty – within a binding legal framework Joint use cases confirm a potential founding stone for multiple comprehensive distributed ledger services Commerzbank, Deutsche Börse and MEAG, the Asset Manager of Munich Re and ERGO, have reached a further step in […]

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