Browsing the "Utility Settlement Coin" Tag

Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System

| Yogita Khatri

Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.

R3 Rebuffed In Attempted Bid for Settlement Coin Blockchain Project

| Ian Allison

Blockchain tech provider R3 tried to take over one of the most well-known bank blockchain projects this June. The only problem? It didn't work.

Is Blockchain Ready for Fiat? Why Banks See Big Promise in Crypto Cash

| Michael del Castillo

Both new and founding members of the Utility Settlement Coin project think its work could lead central banks to adopt blockchain-based fiat currency.

finish, race

Barclays, HSBC Join Settlement Coin as Bank Blockchain Test Enters New Phase

| Michael del Castillo

Utility Settlement Coin is moving into its third phase – building a kind of blockchain-based fiat testnet – with six new partners.

Utility Settlement Coin Creator to Open-Source Modular Blockchain Software

| Michael del Castillo

The secretive firm behind the Utility Settlement Coin project has told CoinDesk of plans to roll-out new open-source offerings.

Why ICAP Believes Central Banks Could Adopt Digital Currency

| Michael del Castillo

ICAP is working to show central banks how they may be able to one day adopt a market infrastructure based on distributed ledger tech.