ING and Société Générale Corporate & Investment Banking presented a blockchain test prototype for oil trading at IP Week in London; the platform they have developed is called Easy Trading Connect and the prototype tested a live oil trade by global commodity trading group, Mercuria; the blockchain test proved significant advantages in speed, cost and risk benefits; overall the test found blockchain helpful in improving trading inefficiencies, specifically the exchange of physical documents globally; it also helped to reduce the bank's transaction time in the trading process to 25 minutes from three hours. Source
There has recently been a trending story amongst traders that Robinhood investors are the reason the markets have rebounded so...
CFPB to give more information to firms under investigation The head of Credit Suisse’s blockchain efforts said culture is the...
Acorns Targets Babies With New Custodial Account Capital raises $9M for its AI-based ‘capital as a service’ funding platform for...