LONDON (Reuters) – Fintech firm R3 and 22 of the world’s biggest banks have together developed an international payments system that would allow existing central bank currencies and any new digital ones to be transacted via the blockchain, R3 said on Tuesday. The blockchain, which first emerged as the architecture underpinning cryptocurrency bitcoin, is
Solution Powered by IBM Blockchain in Partnership with Stellar.org and KlickEx Group Collaboration with Banking Leaders to Accelerate Financial Exchange and Settlement Across Currency Corridors TORONTO – 16 Oct 2017: SIBOS: IBM (NYSE: IBM) today announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to
The announcements are coming thick and fast at Frankfurt’s Internationale Automobil-Ausstellung (IAA) this week. Today, IBM revealed an exciting project in collaboration with ZF Friedrichshafen AG and UBS: to develop the first blockchain-based automotive transaction platform for mobility services. This shared ledger technology will enable secure and transparent in-vehicle payments, so that motorists can pay for tolls, parking,