German banks pilot SSD platform finledger

By Mike Turner
22 May 2019

A new digital blockchain platform for promissory loan notes has launched, with four German banks hoping their offering will be able to jostle for a place in an increasingly crowded digital market.

DekaBank, dwpbank, DZ Bank and Helaba have run a test on their new finledger blockchain platform and claim to be the first to have succeeded in processing an issue of promissory note loans by exclusively digital means.

“Thanks to the combined expertise of four banks,” said Peter Tenbohlen, head ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial