Tag Archives: blockchain

BBVA organizes a syndicated loan based on blockchain –

[ad_2][ad_1] BBVA and Red Eléctrica, of Spain, participated in a syndicated loan using blockchain. The € 150 million agreement – granted by BBVA, BNP Paribas and MUFG – was delivered in record time (according to BBVA) using BBVA's proprietary distributed ledger technology (DLT) platform. According to Teresa Quirós, financial director …

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Banks find use for blockchain: cross-border payments

[ad_2][ad_1] Finally, banks may have found a problem that the blockchain can solve now and on a large scale: cross-border currency transfers. The banking sector has seen years of overcrowding and experimentation around distributed register technology, but a project led by JPMorgan Chase, the Interbank Information Network (IIN), is quietly …

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