hyperledger fabric

Foreign Exchange Giant CLS Admits: No, We Don’t Need a Blockchain for That

Blockchain technology is nice to have, but it’s hardly a must for rewiring the global financial markets.   So says Alan Marquard, chief strategy and development officer at CLS Group, the global utility for settling foreign exchange trades, owned by the 71 largest banks active in that market. Nearly a year ago, it went live with...
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Ethereum Poised to Be the First Public Blockchain Network on the Hyperledger Consortium

The Pantheon project basically aims to provide a number of Ethereum-based services built by ConsenSys’ strong engineering team called PegaSys. Ethereum is all set to join the open-source Hyperledger consortium. It would be the first public blockchain network joining Hyperledger as the latter’s technical steering committee approves a proposal for adopting the ConsenSys-backed Pantheon project....
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Travelport, IBM Collaborate on Blockchain for Hotel Commissions

Travelport, a business and consumer travel services provider, announced it is using IBM’s Hyperledger Fabric to guarantee commissions paid to travel agencies. According to a statement released on August 20, the blockchain was designed with input from IBM, travel management company BCD Travel, and three unnamed hotel chains. The system aims to “put the lifecycle of...
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It Took 18 Months, But This Blockchain Securities Firm Got the Nod From FINRA

Wall Street’s self-regulatory organization (SRO) has green-lit a new blockchain-powered securities trading platform. The Financial Industry Regulatory Authority (FINRA) has approved the membership application of IOI Capital and Markets, which plans to act as a placement agent for privately placed, digital securities on a permissioned Hyperledger Fabric blockchain. Co-founders Rashad Kurbanov and Hamid Gayibov have been...
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