KfW runs blockchain ECP test

KfW has entered the Blockchain race, after simulating a trade in real time using distributed ledger technology, the agency said on Monday.

  • By Lewis McLellan
  • 25 Sep 2017

The German agency sold a €100,000 five day commercial paper to MEAG. It simultaneously replicated the transaction on a blockchain using the R3 Corda platform. Commerzbank arranged the transaction, which was traded on its prototype of the Corda system.

The distributed ledger technology allows the transaction to be settled and ...

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