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Blockchain

Latest news

  • German banks have completed the first Schuldschein issue with an independent counterparty on the new Finledger blockchain platform. The entire transaction happened on a paperless basis.
  • Chinese president Xi Jinping triggered a jump in the prices of blockchain-related stocks this week after hailing blockchain as the centrepiece of the country’s technology innovation in a Politburo study session. Xi's comments came as the People’s Bank of China plans to roll out its central bank digital currency.
  • Restaurant franchise operator FAT Brands is preparing a securitization of its whole business assets secured on the blockchain.
  • The World Bank is planning to add fully digital cash settlement, multiple currencies and more nodes to its ‘bond–i’ platform, according to a banker involved in developing the blockchain system. Earlier this month, the supranational added tap functionality, as it raised A$50m ($33.7m) of capital.
  • The World Bank is preparing to reopen its 'blockchain offered new debt instrument', or bond-i for short, as it looks to market the Australian dollar deal to a more international audience.
  • A blockchain and distributed ledger technology (DLT) company is launching a platform to increase access to capital markets funding for small companies and open the private debt market to more investors.
  • Europe’s banking sector and its regulators are waiting to see how Facebook’s plans for a new cryptocurrency will develop. It could have major implications for financial regulation.
  • Two issuance platforms are approaching readiness: one in bonds, one in loans. Both promise time and cost savings by replacing multiple systems with a single platform for issuers, dealers and investors, and automating documentation and payments.
  • TrueDigital, a New York company that uses blockchain-based technologies to offer margined deliverable swaps on bitcoin, has hired Michel Finzi, a former managing director and SVP at Instinet, as its chief commercial officer. It has also hired two ex-Citigroup bankers as salespeople.
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