Latest News for: Blockchain private lending


Commodities market frauds; what’s broken, and how to fix it

Invezz 04 Jun 2020
A slew of frauds by trading firms are unnerving commodity markets Trade finance lenders are increasingly hesitant to lend to the sector Digitization of the market will plug the loopholes ... However, blockchain technology can be a game-changer ... Chase Auto plans to digitize auto dealers floorplan lending by putting it on a private blockchain.

Facebook’s ‘Scaled Back’ Libra Proposal Is More Dangerous Than You Think

XBT.MONEY 21 Apr 2020
Lex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company ... Like, some really weird things! For example, the money keeps trying to transform itself into private cash equivalents and hide out in blockchains.

Liechtenstein Regulators Approve Ethereum-Based Real Estate Fund

Helena Bitcoin Mining 23 Jan 2020
... and blockchain technology provider Token Factory ... Private or permissioned blockchains might have some advantages in the short-term, he said, but “people will realize that they are missing out on all the fun and great applications that are built on public blockchains.”.

4.0 introduces the T-Bridge framework, a generalized framework for private-public blockchain asset and data bridges

AMB Crypto 20 Jan 2020
Public blockchains are permissionless while private blockchains are permissioned ... A local lending business uses a private blockchain to issue loans to individuals based on the property they are able to offer as collateral.
Edit Launches Lending, Another Step to Becoming a Blockchain Financial Center

The Bitcoin News 07 Jan 2020
The latest product on offering is digital asset lending, another strategic step the exchange is taking towards becoming a financial center in the blockchain industry ... Simple and Convenient Lending Process ... BiKi’s transaction mechanism operates with high-level security and BiKi uses a completely offline multi-sig to store private keys.

9th Gear Technologies Emerges From Stealth Mode, Enabling Same Day Foreign Exchange Transactions For The ...

The Marshall News Messenger 09 Apr 2019
9th Gear is the first and only company to offer a lending capability through patent-pending, scalable technology on a private permissioned blockchain, enabling same day trading and settlement of FX transactions ... blockchain to transform this $5.1 trillion daily industry.

JPMorgan Chase’s Cryptocurrency: Is It A Gimmick Or The Real Deal?

A Bit of News 22 Feb 2019
it’s based on blockchain technology and will be pegged 1.1 to a fiat currency, the U.S ...Despite its differences from cryptocurrencies, the launch of JPM Coin and the participation of a major financial institution lends greater legitimacy to the wider blockchain industry as a whole.”.

Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain

A Bit of News 14 Dec 2018
Finextra reports that the Porsche Holdings deal uses the “same mix of private and public blockchain technology” BBVA used in its prior blockchain loan transactions ... In April, BBVA claimed to have become the “first” global bank to conduct an entire loan process using blockchain, again in a part-private part-public configuration.

Spain’s BBVA Bank, Red Electrica Settle $170 Million Syndicated Loan on Blockchain

Colorado Springs Business Journal 12 Nov 2018
Blockchain-Powered Syndicated Loan ... The loan was executed over a private blockchain on which six stakeholders participated – the customer, Red Electrica Corporation, the lending banks, BBVA, BNP Paribas and MUFG, and two legal advisors, Linklaters S.L.P ... Benefits of Leveraging Blockchain.

India’s Largest Internet & Mobile Body Forms a Blockchain Committee

Cryptocoin News 17 Oct 2018
A pointed focus is to use blockchain tech to facilitate job creation for the new digital economy in the country, the report added. The new committee within the influential non-profit will be chaired by Tina Singh, digital chief at private lending giant Mahindra Finance.
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