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Deutsche Bank Pilots Blockchain Technology To Provide Global Beneficial Ownership Transparency Solution

Deutsche Bank Securities Services has successfully piloted a solution using distributed ledger technology (DLT) to enable further automation of custodial services – a solution which addresses the transparency requirements within many custodial services, such as around the tax processing of asset holdings at an ultimate beneficial owner level, and streamlines

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R3 and Infosys Wrap up Global Trial of Blockchain Based Trade Finance

Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys has completed a global five week blockchain trial in partnership with R3. advertisement Stephen Obasi, Group Head, Head Office Operations, Fidelity Bank, said:  “This is an audacious step by Infosys to simplify and revolutionize global trade finance practice using Blockchain technology.

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Global Blockchain Tech Market to Surpass $16B by 2024

The global blockchain technology market is estimated to surpass $16 billion by 2024, according to a recent report from market research firm Global Market Insights, Inc.The reportIn a Sept. 20 press release, Global Market Insights provided highlights from its 180-page-long report entitled "Blockchain Technology Market By Providers (Infrastructure Provider,

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Bank of America Joins R3’s Marco Polo Blockchain Global Trade Network

Bank of America has joined R3’s Corda-powered Marco Polo Network “to tackle trade finance challenges.”“Tackle trade finance challenges”On Sept. 19, Marco Polo announced the multinational investment bank was joining its network to improve international trade inefficiencies and deliver a better service for its customers. Geoff Brady, head of global trade

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Huobi Global to Launch a Blockchain Smartphone: ‘Acute Angle’

One of the largest cryptocurrency exchanges, Huobi, recently announced its plan to launch a blockchain-powered smartphone, titled “Acute Angle,” in Southeast Asia next week.During the launch of Huobi Prime 6, Huobi global will launch Whole Network’s native NODE crypto token and its innovative Acute Angle blockchain phone, which qualified users

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