Financial Industry News
First use of cash on ledger for automated M2M payment processing in co-operation with Daimler Trucks M2M settlement of payments as part of the pilot project involving the direct handling of charging processes of trucks Further development steps for eMoney-based payment processing are being investigated in collaboration with industrial partners Working together with its research […]
Continue ReadingCommercial transactions executed via the Marco Polo trade finance network based on blockchain technology LBBW and Commerzbank together have reached a milestone in the digitisation of commercial transactions based on distributed ledger technology (DLT). In order to secure payments from two commercial transactions, the necessary data transfer between Voith and KSB was for the first […]
Continue ReadingCommercial paper transaction processed in minutes rather than days thanks to blockchain technology Project is a major step toward fully blockchain-based securities trading Transaction used cash on ledger issued by Commerzbank (commercial bank cash on ledger) The first dematerialized transaction of money-market securities Continental, Commerzbank and Siemens have carried out a transaction between the […]
Continue ReadingCommercial paper transaction processed in minutes rather than days thanks to blockchain technology Project is a major step toward fully blockchain-based securities trading Hanover, Frankfurt, Munich, February 21, 2019. For the first time, Continental, Commerzbank and Siemens have carried out a test transaction as part of a pilot project to process a money market security […]
Continue Reading6 December 2018 (London) – Enterprise software firm R3, together with partners Commerzbank, ING, Natixis and Rabobank, have announced the completion of a live commercial paper transaction on the Euro Debt Solution application, built on R3’s blockchain platform, Corda. This follows the previous simulated transaction on an earlier version of the solution in September 2017. […]
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