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The biggest bank by market capitalization in Thailand, Kasikornbank, has become the first financial institution in the Southeast Asian country to get on board the Visa B2B Connect platform. Designed to enable fast and secure cross-border payments between businesses using blockchain technology, the platform relies on a permissioned private blockchain architecture which is operated by
The post Thailand’s Kasikornbank to Pilot Visa’s Blockchain Cross-Border Payments Platform appeared first on CCN
A regulatory platform operated by the Bank of Russia has concluded an initial coin offering (ICO) pilot, a central bank official has revealed. Speaking at the Eastern Economic Forum in Vladivostok – a port city near the Chinese border –Ivan Semagin, deputy director of financial markets development at the Bank of Russia revealed the authority’s
The post Russia’s Central Bank: ICO Pilot a Success, Legal Hurdles Remain appeared first on CCN
Swytch, a blockchain-based clean energy incentive, and the Germany-based Energy2market GmbH (e2m), a company aggregating energy trading throughout Europe, have announced a pilot program which includes roughly 3.5Gw of solar, wind, hydro and biogas energy capacity in Germany, which is enough to power over 500,000 homes. As part of the large-scale pilot, Swytch is testing its first versions of the data flow, blockchain, dashboard, estimators, token allocation models and other key parts of the platform.
Chinese e-commerce giant Alibaba is trialling a blockchain-based tracking system developed to make its supply chain more transparent.
The post Bitt signs MOU to conduct fintech pilot on blockchain in ECCB countries appeared first on CoinReport.
A Russian bank may make a pioneering step for the country in allowing its investors to invest in cryptocurrency this year, reports claim.
Gazprombank VP: There Is Demand For Crypto
Various local media outlets today quote Gazprombank senior vice president Aleksandr Sobol as saying “some kind of pilot” scheme involving cryptocurrency might surface as soon as the end of 2018.
Gazprom is a state-owned Russian bank, the third largest bank in the country by assets belonging to the parent company Gazprom.
The move, which if acted on would could about through the bank’s sister operation in Switzerland, would represent a rare opportunity for major Russian investors.
Provider of blockchain solutions, ULedger has announced that it will be offering universities and non-profit organizations the opportunity to utilize ULedger’s blockchain solution at no cost. With the ability to integrate into any legacy technology infrastructure, ULedger allows companies the ability to become blockchain-enabled, providing a reliable and immutable record of data. ULedger was built for the mission of bringing blockchain to the masses, and this new program is designed to afford even more institutions the ability to improve their existing systems and integrate blockchain technology.
Workforce payment services provider Fleetcor has announced a pilot using xRapid, a product powered by Ripple’s XRP cryptocurrency.