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“# Ripple wants go public after settling SEC lawsuit, SBI CEO says ” Major cryptocurrency company Ripple has not given up on its plans to go public, despite its ongoing legal battle with United States regulators, according to SBI Group’s CEO. Yoshitaka Kitao, CEO of Japanese financial giant SBI Group, claimed that Ripple plans to…
“# China’s blockchain project BSN to integrate R3 Corda ” Red Date Technology, one of the builders of China’s Blockchain-based Service Network, has obtained licensing rights from R3 to resell both the free and enterprise Corda implementations in China. According to a press release by R3, the news marks the first occasion of the BSN…
“# Russian Alfa-Bank joins HSBC-backed blockchain trade finance network ” Alfa-Bank, one of the largest private commercial banks in Russia, has joined a blockchain trade finance network backed by HSBC. According to an official announcement on Nov. 3, Alfa-Bank is the first Russian bank to become a member of Contour — a blockchain platform connecting…
“# HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore ” The Bangladesh branch of global banking firm HSBC has conducted the country’s first blockchain-based letter of credit (LC) transaction on the Contour DLT platform. The transaction was used to settle the importation of 20,000 tonnes of fuel oil from United…