Banking
Hong Kong, Singapore to Collaborate on DLT Trade Finance Platform
Hong Kong's banking authority has announced a new collaboration with Singapore aimed to digitize trade finance with distributed ledger technology.
R3 Files Patents for 'Dynamic' DLT Recordkeeping
Consortium startup R3 has filed two patent applications detailing ways to apply distributed ledger tech to agreements between financial institutions.
Thinking Big? Bank Blockchains Will Advance By Doing Anything But
Recently announced bank blockchain projects may be modest in scope, but they are beginning to paint a much larger picture.
UK Regulator: DLT Startups Are Being Denied Banking Services
The U.K.'s Financial Conduct Authority found that DLT businesses do not receive loans from banks as much as other companies.
Mastercard Expands Access to B2B Blockchain Payment Tools
Credit card giant Mastercard has opened access to its blockchain APIs, indicating it wants to focus on business-to-business and cross-border payments.
Islamic Development Bank to Research Sharia-Compliant Blockchain Products
Saudi Arabia's Islamic Development Bank (IDB) is developing sharia-compliant products based on blockchain technology.
Microsoft CEO Challenges Swift: Build 'Useful' Blockchain Applications
The CEO of Microsoft believes blockchain can have "massive implications," a comment that helped close Swift's annual Sibos conference this year.
Blockchain of the Vanities? Sibos, Swell and Stellar Troll in Toronto
No one won the game of trolls, but competition between Swift, Ripple and Stellar is still fierce, even though it might be too early for fists.
Bank of America Seeks Patent for Blockchain Processing System
New Bank of America patent filings hint it believes blockchain could one day assist its high-volume data processing objectives.
Bank Consortium to Launch Joint Venture for Blockchain Trade Platform
A group of banks, now including Santander, is planning to create a business venture in Ireland for its in-development blockchain commerce platform.
