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More than 20 organizations have joined the IOTA Foundation's data marketplace, a new open innovation initiative seeking to create a platform where firms can buy and sell data from sensors and IoT-connected devices.Participants include Deustche Telekom, EWE, Microsoft, Bosch, Tine, PwC, Accenture, Fujitsu, Schneider Electric, Orange and DNV GL....
Eleven banks, including Bangkok Bank, BBVA, BNP Paribas, HSBC, ING and Mizuho, have developed a prototype application to streamline the processing of sight letters of credit and improve trade flows.Built on R3's distributed ledger platform Corda, the application aims to drive greater efficiencies, reduce costs and simplify today's existing...
The European Commission (EC) has opened a 500,000€ call for proposals to set-up a European expertise hub on blockchain and distributed ledger technologies to better understand the opportunities and challenges related to these technologies, keep up with emerging trends, and "help the EU to stay at the forefront ...
In April, SWIFT announced that it is investigating Distributed Ledger Technology (DLT) and Smart Contracts (SC). Yesterday, they announced their findings. In the paper they describe a need for a standard language and the challenges DLTs and SCs will face while gaining use in the mainstream financial world.SWIFT is the definition...

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