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IBM Testing Lygon Blockchain Platform To Streamline Property Leasing

PYMNTS

ANZ , Commonwealth Bank , IBM , Scentre Group and Westpac have announced they are partnering to launch a live pilot for Lygon, a new digital platform using blockchain technology to digitize the bank guarantee process needed for retail property leases. We have created a blockchain-based platform to digitize the bank guarantee ecosystem.

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Credorax, Samsung To Introduce Blockchain-Based Open Banking

PYMNTS

Credorax , the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release. The Nexledger Consensus Algorithm will also make it possible for businesses to utilize different blockchain cores, like Hyperledger Fabric and Ethereum.

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Getting Started On Embedded Finance

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Put simply, embedded finance is the placing of a financial product in a nonfinancial customer experience, journey, or platform. . Embedded Finance and Blockchain . You may be wondering if embedded finance conflicts with distributed ledger technologies such as blockchain. Conclusion .

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ASB Bank Invests In Blockchain Trade Tech Startup TradeWindow

PYMNTS

Australia and New Zealand-based ASB Bank has acquired a stake in a New Zealand startup developing a blockchain-powered trade management solution. What began as collaboration through ASB’s innovation program to solve a customer problem is now a fully-fledged business ready to launch,” Annett said in a statement.

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True Tickets, Shubert Partner To Trial Blockchain Broadway Ticketing

PYMNTS

Boston startup True Tickets is teaming up with the Broadway theater company The Shubert Organization for blockchain-based mobile ticket delivery , the companies said in a press release Wednesday (Oct. True Tickets works on the IBM Blockchain and will integrate its ticketing service into targeted components of Shubert’s ticketing operation. “At

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Measure Twice, Cut Once. Plan Twice, Build Once

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In our first blog in this series, Blockchain: The Secret Sauce to Supply Chain Visibility , we covered why visibility is so crucial in the supply chain for all parties and gave examples of firms using distributed ledgers to help improve customer service, reduce inventory costs, provide proactive status updates, and help mitigate risk.

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Using Blockchain To Build Up Smart Cities

PYMNTS

One of the main drivers for the new efficiencies they want to pursue is blockchain. Dubai’s smart city program, known as Smart Dubai, is looking to blockchain technology as the critical piece needed to implement a seamless and more efficient digital economy. The Blockchain Building Block. ” Dubai’s Smart Future.