Wednesday, February 26, 2020
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KLM To Use Blockchain to Streamline Financial Processes Thanks to Amsterdam-based Unchain and R3

Sharing is caring!After months of intense cooperation and development, Dutch software services provider unchain.io has successfully delivered a strategic finance application for KLM Royal Dutch Airlines utilising R3 Corda technology.  Unchain worked with the KLM Digital Studio – a 200-strong innovation lab meant to explore how new technologies like blockchain can

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R3 Completes Trade Finance Blockchain Trial With More Than 70 Organizations

Banks involved in this month’s trial included Dutch bank ABN AMRO, Mexican bank Banorte, Boston-based Citizens Bank, Frankfurt-based Commerzbank, Hong-Kong based Bank of East Asia and the Saudi British Bank. Other corporations involved included BMW, Saudi Arabia-based International Islamic Trade Finance Corporation, financial services institute SüdFactoring (subsidiary of German bank

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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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Mastercard Collaborates with R3 to Create Blockchain-Based Payments Model

Mastercard, one of the world’s leading payment processors, and the leading enterprise blockchain software provider R3, announced they would jointly develop a new blockchain-powered cross-border payment solution.The newly developed blockchain system will also be supported by banks to conduct seamless transactions and real-time payment proposition.Mastercard has been exploring blockchain technology

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R3 and Mastercard Team Up Mastercard to Build Overseas Payments System Build on Blockchain

Mastercard and R3, a leading enterprise blockchain software provider, have today announced a strategic partnership to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a clearing and settlement network operated by Mastercard. advertisement The fear cycle

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Mastercard Partners With Blockchain Firm R3 for Payments Solution

Mastercard partnered with blockchain firm R3 to develop a cross-border payment solution.According to a Mastercard press release published on Sept. 1, the two firms plan to pilot a new blockchain-enabled cross-border payment solution. The system will reportedly focus on connecting global faster payments infrastructures, schemes and banks.Multiple ways to

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Fintech Firm Partners With R3 to Develop Shariah-Compliant Market Platform

Dubai-based fintech company Wethaq has entered into a strategic partnership with enterprise software firm R3, in order to create a platform for issuing and trading sukuk securities based on R3’s Corda offering. A platform for Islamic securitiesAccording to a press release on Aug. 28, Wethaq’s platform is built on R3’s

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