Banking | CoinDesk

Former Mastercard Executive Joins CULedger Consortium as CEO

CULedger, a consortium of credit unions developing distributed ledger technology systems, has announced the appointment of a new CEO.

In a patent awarded Tuesday, the second-largest bank in the U.S. describes a potential cryptocurrency exchange system for its corporate clients.

By Nikhilesh DeDec 7, 2017

The Commonwealth Bank of Australia has revealed a plan to issue a bond over a blockchain system in collaboration with a major world issuer.

In a patent application released by the USPTO, money manager UBS indicated it was considering using smart contracts to validate transactions.

By Nikhilesh DeDec 5, 2017

Goldman Sachs CEO Lloyd Blankfein has said it's to early for the bank to consider a bitcoin strategy as it "doesn't feel like a store of value."

BBVA has utilized blockchain platform Waves to conduct a live international trade transaction trial between Spain and Mexico.

Raiffeisen Bank International (RBI) has become the first Austrian banking group to join the R3 distributed ledger consortium.

The State Bank of India is planning to beta launch smart contracts and blockchain-based know-your-customer processes.

Financial firms including JPMorgan Chase and Goldman Sachs have carried out equity swaps over a DLT system.

By Brady DaleNov 20, 2017

A number of banks have joined the recently announced blockchain-based trade network pilot jointly set up by Hong Kong and Singapore.