FX settlement company CLS invests in R3 financial blockchain platform LeapRate

May 31, 2018 BY Valentina Kirilova

FX settlement company CLS invests in R3 financial blockchain platform

Enterprise blockchain software firm R3 has announced that it has secured a strategic investment from CLS, the market infrastructure group delivering settlement, processing and data solutions. CLS will work with R3 to explore how Corda, R3’s enterprise blockchain platform, can be deployed to improve efficiencies for its members, including 70 of the world’s leading financial…

May 30, 2018 BY Valentina Kirilova

Skrumble Network secures $15 million to solve the data ownership crisis with blockchain technology

Skrumble Network, the blockchain and application creating secure connections for communication, announced that its crowd sale completely sold out in early-bird in one hour. Skrumble Network surpassed its goal reaching its hard cap of 20,000 ETH and securing $15 million USD in total. With Skrumble Network, community members have the opportunity to take back ownership…

May 24, 2018 BY Mariela Naydenova

Blockchain to be used...on the Moon

Blockchain has undoubtedly managed to "pave its way" to multiple industries. Just recently, IBM announced they will be investing in more than 1,500 jobs in blockchain, fintech and AI. The blockchain industry has exploded. Now, blockchain will be used on the Moon. As reported by IT Business, two organizations, For All Mankind and TODAQ Financial,…

May 23, 2018 BY Mariela Naydenova

Hot cryptocurrency wave in The Philippines

The Cagayan Economic Zone Authority (CEZA) took on board 15 offshore companies involved in fintech developments to settle in Luzon, a blockchain hub that is developed by CEZA. The cryptocurrency and fintech wave will contribute approximately $32 million in the area. The chief of CEZA, Raul Lambino, commented, as reported by Coin Journal: "Working with virtual…

May 23, 2018 BY Mariela Naydenova

Walmart with new promising blockchain patent

The retail giant, Walmart, is moving fast with blockchain technology. The company just filed its new patent on a new implementation of blockchain into its retail business. Walmart is being revolutionary today in terms of offering the newest digital solutions to its customers. In those regards, the retail giant just published its new patent from…

May 21, 2018 BY Valentina Kirilova

Firmo launches blockchain agnostic platform for cryptocurrency derivatives

Firmo, the company bringing financial contracts to the blockchain, just announced that it has launched its contract engine and simple domain-specific language. The simplicity of Firmo’s domain specific language opens the door for people without coding skills, to create safe and secure financial contracts on the blockchain. The Firmo Protocol, acting as an interface, provides…

May 18, 2018 BY Valentina Kirilova

R3’s Corda proves integration with SAP solution-based business processes

Commerzbank, supported by SAP, announced that it has successfully completed an end-to-end integration between SAP S/4HANA business processes and R3’s Corda blockchain platform. This is the first step toward enhancing the supply chain network of corporate clients to offer more efficient access to trade and supply chain finance services. This solution has the potential for…

May 17, 2018 BY Valentina Kirilova

HSBC and ING execute live trade finance transaction on R3’s Corda Blockchain platform

Letter of Credit transaction facilitated bulk shipment of soybeans for Cargill HSBC Holdings plc (NYSE:HSBC) and ING Bank just anounced that they have successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform. The blockchain transaction involved a bulk shipment of soybeans from Argentina, through Geneva’s…

May 17, 2018 BY Mariela Naydenova

The HomeMine ICO - when home appliances mine cryptocurrencies

Cryptocurrencies are undeniably changing the way people live and think about money. Now, an upcoming ICO turns our home appliances into cryptocurrency mining machines. According to Coinschedule.com, HomeMine presents a unique opportunity for all to earn on the model of the so called "passive mining" that involves different electrical appliances. HomeMine is actually a device…

May 16, 2018 BY Valentina Kirilova

Sberbank CIB and MTS issue first Russian bonds via smart contracts

MTS, Russia’s telecommunications operator, Sberbank CIB, Sberbank’s corporate investment business, and National Settlement Depository (NSD), Russia’s central securities depository, announced that for the first time in Russia have placed commercial bonds denominated in rubles and based on blockchain with the full life cycle of a security in the form of a set of smart contracts…

Category: Blockchain