Italian Banking Association’s Interbank Blockchain Project Enters Pre-Production Phase

Blockchain, Innovation, News | February 14, 2019 By:

The Italian Banking Association (ABI) has announced that its blockchain interbank reconciliation project is moving into the pre-production phase.

First announced in June 2018, the Spunta Project intends to bring more visibility to exchange of interbank transactions, verifying the matching of correspondent accounts and highlighting discrepancies for automated remediation.

 Read more  »

Hyundai Subsidiary Using IBM Blockchain To Expand Commercial Financing Services

Blockchain, News | February 14, 2019 By:

Hyundai Commercial, the financial services subsidiary of South Korean car manufacturer Hyundai Motors, is working with IBM to expand its financial services business globally using blockchain technology.

During the IBM Think 2019, Hyundai Commercial, a corporate finance company that provides leasing and financial services for commercial vehicles and construction equipment,

 Read more  »

NetCents Releases New Technology To Eliminate Crypto Transaction Delays

Announcements, Innovation, News | February 14, 2019 By:

NetCents Technology has released its Zero Confirmation and Risk Analysis technology that claims to eliminate blockchain transaction delays.

Registered as a Money Services Business (MSB) with FINTRAC, NetCents is a transactional hub for all cryptocurrency payments that equips businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market.

 Read more  »