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A group of European banks has conducted a number of financial transactions in real time mode on a jointly developed digital platform named we.trade using blockchain technology, finversia.ru writes with reference to the Coindesk message. During the last 5 days, financial transactions were conducted in real time mode between 10 companies with the participation of 4 banks that used blockchain technology. Coindesk quotes IBM CEO Parma Sangha as saying: “As we.trade moved from pilot applications to real cross-border operations, it has demonstrated the power of blockchain technology.” We.trade, a blockchain platform based on the IBM digital platform, currently operates in 11 European countries.
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
On Friday, Axios Media Inc. reported a document acquired by tech watchdog group Tech Transparency Project which indicates that multiple U.S. states were investigating Apple (AAPL) due to deceptive trade practices. According to the report, ...
Gold prices traded lower in Asia on Friday morning amid hopes for COVID-19 vaccines from the U.S. and U.K. bolstered investor appetite. Sentiment was further boosted with the European Central Bank (ECB) signaling that it may leave interest ...
China saw positive customs data on Tuesday, raising hopes that the world’s second-largest economy is on the way to recovering from the COVID-19 pandemic. Exports for June rose 0.5% year-on-year compared to an analysts’ forecast ...
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