business news


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4 Banks Complete €100K Commercial Paper Transaction on R3's Corda

Four European banks, including Commerzbank and ING, have settled a live commercial paper transaction worth €100,000 on R3's Corda blockchain.

R3

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BitGo Brings Banker Out of Retirement to Lead Institutional Crypto Custody

Ex-Banker Dick Corcoran will oversee billions of dollars in value as CEO of the recently formed BitGo Trust Company.

Dick shot 2

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Swiss Post, Swisscom Developing New Blockchain Platform on Hyperledger

Swiss Post and Swisscom have teamed up to build an infrastructure for blockchain applications on Hyperledger Fabric.

Swiss postal mailbox

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R3’s New Corda App Supports Payments in XRP Cryptocurrency

R3 has launched the Corda Settler, an app aimed to facilitate global crypto payments within enterprise blockchains – and it's starting with XRP.

R3 NYC office

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Blockchain 'Radically Simplifies' KYC, Say UAE Trial Participants

An Abu Dhabi financial center and KPMG say they have successfully completed a trial of a blockchain-based know-your-customer application.

Abu Dhabi

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Air Force Grad School Launches Blockchain Demo Site

The Air Force Institute of Technology has published a demonstration website aimed at helping professionals learn about blockchain.

C130

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Crypto Exchange Poloniex Launches Institutional Trading Services

Poloniex announced it was opening institutional trading accounts as of Tuesday.

Chartz

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Overstock's Medici Invests $2.5 Million in Grain Tech Firm's Blockchain Pivot

Medici Ventures has bought a $2.5 million equity stake in GrainChain, a software firm launching its own blockchain and stablecoin.

wheat, silos

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Coinbase's Former Fraud Lead Has Left to Join Tech Firm Twilio

One of Coinbase's longest-servicing employees, risk operations manager Rees Atlas, has left the Silicon Valley cryptocurrency exchange for Twilio.

Coinbase

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Signature Bank Wins New York Approval for 'Real-Time' Blockchain Payments

Signature Bank is launching a blockchain-based real-time payments system in early 2019 and has just got the green light in New York.

signet