Finance

Indian IT Giant Tech Mahindra to Launch Blockchain Finance Management

Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, partnered with American distributed ledger technology (...
September 2, 2019
14

HSBC Completes First Blockchain Letter of Credit Transaction in Yuan

Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain...

HSBC Is First Bank to Finance Transaction via Hyperledger on we.trade

Multinational banking giant HSBC has reportedly become the first bank to complete financing transaction on European blockchain ...
August 27, 2019
11

Africa’s Largest Bank Joins Blockchain-Based Marco Polo Network

Standard Bank, Africa’s largest bank by total assets, has joined blockchain-based trade finance network, the Marco Polo Network...
August 23, 2019
13

Shenzhen Issued 6 Million Blockchain Invoices in 12 Months

Major Chinese city Shenzhen has issued nearly six million blockchain-based invoices in a year since their inception in Aug. 201...
August 7, 2019
27

SWIFT Vs. Ripple — The Importance of Speed in Cross-Border Payments

The emergence of blockchain technology has undoubtedly altered the course of global digital payment development. With the likes...

Major Chinese Financial News Provider Quietly Adds Crypto Index

Sina Finance, a finance-focused website owned by China’s major tech company Sina Corp, has added crypto index into its mobile a...

Ripple Incubator Xpring Announces $500 Million Invested in XRP Projects

Ripple incubator and investment arm Xpring has spent $500 million on XRP projects since its launch in May 2018, according to an...

UN Looks to Blockchain to Aid Sustainable Urban Development in Afghanistan

The United Nations is working on blockchain solutions for sustainable urban development in Afghanistan, according to a report f...

Huobi Unveils ‘Finance Chain’ For Building Enterprise Blockchains

Huobi Group is jointly developing a new public blockchain for decentralized financial (DeFi) services, according to a press rel...