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Market infrastructure provider CLS, nine financial institutions and IBM are collaborating on a proof-of-concept (PoC) for LedgerConnect, a distributed ledger technology (DLT) platform designed to enable banks, financial institutions, fintechs and software vendors to share and deploy applications and services hosted on a shared distributed ledger network. LedgerConnect, which will...
IBM and Global Citizen, a movement of engaged citizens using their voice to end extreme poverty by 2030, are today announcing a new initiative that uses blockchain technology to bring back trust and transparency to charitable giving. Figures from the Charities Aid Foundation’s (CAF) latest UK Giving report found that...
A consortium of gold and diamond industry leaders and IBM are launching the TrustChain initiative to trace the provenance and authenticate diamonds, precious metals and jewelry at all stages of the global supply chain, from the mine to the retailer.In addition to IBM, the firms involved in the initiative...
Batavia, a blockchain-based trade finance platform that was developed by a consortium of international banks and IBM, has recently completed their very first live pilot transactions with corporate clients. The consortium of companies involved with developing Batavia includes Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, IBM and UBS.  The initial...
Fund administrator Northern Trust(Nasdaq: NTRS) has announced that audit firms will now be able to use blockchain technology to audit private equity lifecycle events.  Northern Trust is no stranger to blockchain innovation—last year, Northern Trust created the first commercial blockchain application for private equity. This latest development gives audit firms...

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