Barclays and Clearmatics Call on Coders to Help Blockchains Talk to Each Other
U.K. bank Barclays and startup Clearmatics will hold a hackathon next month to spur ideas for blockchain interoperability.
HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan.
HSBC's Jesse Drennan asked the CFTC to make more "positive noise" about distributed ledger tech to spur business adoption.
A new trial will examine if digitalizing fixed income securities with DLT can bring new efficiencies to the Asian markets.
Financial messaging giant Swift has teamed up with Singapore Exchange and several major banks to trial a DLT platform for shareholder voting.
An HSBC executive has told Reuters that using blockchain slashed the costs of settling foreign exchange trades.