Blockchain-Enabled Securities Settlement Solution Launched By Paxos

Blockchain, News | February 24, 2020 By:

Blockchain startup Paxos has launched a private, permissioned blockchain solution designed to allow two parties to bilaterally settle securities trades directly with each other.

Called Paxos Settlement Service, the blockchain solution facilitates settlement with delivery-versus-payment settlement finality. It claims to be the new market infrastructure that can power digital transformation and enable structural cost reduction.

 Read more  »

Blockchain Pilot For Euro Commercial Paper Planned By Euroclear, EIB, Santander and EY

Blockchain, Innovation, News | June 20, 2019 By:

Belgium-based settlement provider Euroclear is developing an end-to-end blockchain solution for the issuance and settlement of European Commercial Paper (ECP).

The blockchain solution will reportedly reduce time-consuming bilateral processing between multiple market participants, and will provide one efficient consolidated hub for the issuing of ECP with DVP settlement by Euroclear.

 Read more  »