SWIFT Teams Up With Major Banks, SGX to Trial Blockchain Voting
Financial messaging giant Swift has teamed up with Singapore Exchange and several major banks to trial a DLT platform for shareholder voting.
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan.
Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions.
ING Bank, Standard Chartered and others have developed a protocol to handle a new rule for crypto exchanges and firms dealing in digital assets.
Standard Chartered Bank has completed its first international letter of credit transaction on the open-industry blockchain trade platform Voltron.
Facebook's hiring spree for its upcoming cryptocurrency continues with the addition of a senior bank lobbyist from Standard Chartered.