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World Bank Lands $33M For Australian Blockchain Bond

PYMNTS

The World Bank announced it has raised $33 million from investors for its blockchain-based “Kangaroo” bond, Bond- i. The bond, which is due August 2020, is the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger (blockchain) technology.

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Bitcoin Daily: HSBC Backs Blockchain Firm Axoni, Researchers Uncover New Crypto Malware

PYMNTS

bank, is backing a U.S. startup in the blockchain field called Axoni , Cryptovest reported. HSBC Global Banking and Markets, Americas COO Matthew J. In other news, a consortium called VAKT Global is seeking to create a blockchain platform for the energy industry, Coindesk reported. HSBC , the U.K. crude pipelines.”.

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Blockchain Tracker: Blockchain’s Possible Impact On The Economy

PYMNTS

Blockchain could have an impact on the economy — is Russia leading the way with its current investments? When executives in the finance industry think of blockchain technology, its perception has shifted in the past few years in terms of how it could shape financial services — and therefore the economy — as a residual impact.

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 Taking Stock Of The Banks Scrambling For Blockchain

PYMNTS

Blockchain technology is making ever-more inroads into various verticals to convey data and payments, according to a recent report from audit, assurance, consulting and tax services provider PwC, and appears to be moving away from cryptocurrencies in the process. Everyone is talking about blockchain, and no one wants to be left behind.”.

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Banks And The Blockchain Scramble

PYMNTS

Banks seem smitten by blockchain. Traditional banks, especially, and central banks, too. PwC writes in its “Global Blockchain Survey 2018” that responses from 600 executives across 15 territories are embracing distributed ledger technology (DLT) with enthusiasm. Seems everyone is getting into the act.

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The Corporates Betting On Blockchain To Reshape Capital Markets Infrastructure

CB Insights

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. But financial incumbents are also making waves.

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Blockchain Tracker: 88 Bales Of Cotton, Illinois State Gov. And Adoption

PYMNTS

The “Fabric Of Our Lives” found itself softly in the hands of blockchain this week. Eighty-eight bales of cotton became part of, arguably, one of the biggest breakthroughs in blockchain this month, all through the first global trade shipment and transaction between independent banks depending on blockchain as a ledger.

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