European Banks Select IBM Blockchain for Small Business Trade Finance
IBM has been chosen by Digital Trade Chain, a consortium of major European banks, to build a new blockchain platform for SMEs.
Financial messaging giant Swift has teamed up with Singapore Exchange and several major banks to trial a DLT platform for shareholder voting.
A presentation by the bank's wealth management execs declared that blockchain technology has a lot of potential, but was lukewarm of cryptocurrencies.
JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.
Ethereum development startup ConsenSys is expanding to London.
A group of banks is charting forward a new course for how to design a blockchain venture – and this time it's seeking for-profit benefits.