German Central Bank: Blockchain slower and expensive to implement
A trial project using blockchain to transfer and settle securities and cash proved costly and less speedy than the traditional way, the Bundesbank president said.
Tag: DLT
Blockchain firm SETL completes corporate restructuring to focus on technology solutions
Management of newly-formed SETL business have acquired the operating assets, staff and intellectual property rights of previous incarnation.
Digital Asset partners with ISDA to support adoption of CDM
New tool will assist developers in implementing ISDA common domain model in solutions for trading and managing derivatives.
Blockchain specialist R3 deploys new strategy focusing on expansion
Jesse Edwards, one of R3’s co-founders who spearheaded its initial fund-raising scheme, has left the company.
Crypto
Deutsche Boerse steps into the digital asset world with full ecosystem plans
German exchange group has partnered with Swisscom and FinTech company Sygnum to build a regulatory compliant financial market infrastructure for digital assets.
ESMA chair wants objectivity, open minds for crypto-asset regulation
Steven Maijoor also talked down development of a bespoke regulatory regime for crypto-assets during keynote speech in Brussels.
HSBC settles $250 billion of FX trades on blockchain platform
DLT is becoming more accepted by banks and financial institutions that are in the process of developing use cases and rolling out the technology.
Goldman Sachs and Morgan Stanley go live with CLS blockchain service
CLSNet operates on a distributed ledger technology platform for automated bilateral payment netting of FX trades.
Think about what blockchain technology can do internally for your organisation, says Digital Asset CEO
Blythe Masters also outlines the importance of interoperability between blockchain systems as it is unlikely there will be "a single solution or one approach to DLT".
DTCC builds DLT settlement prototype that can process 100 million trades per day
DTCC, Accenture, Digital Asset and R3 teamed up to build a US equity clearing and settlement system prototype.