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Go Where No Operations Department Has Gone Before – Instant Settlement

Perficient

The front office is screaming down to the Settlement Office, “Operations, we need more capital!” Adding blockchain to the supply chain improved visibility, allowed automatic purchases through smart contracts, and kept a permanent record of what had been ordered as well as status reporting of all items in the supply chain.

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If Only Yankee Stadium II Had Been Built With Blockchain

Perficient

Blockchain Is A Permanent Record In the last series of articles published by members of Perficient’s Digital Assets Team, we wrote about the improved visibility of blockchain-based supply chains assisting all supply chain transaction partners to share data through permission-based Blockchain solutions.

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Blockchain Technology Not Suitable for Visa’s Core Business

Bank Innovation

Visa doesn’t see much use for blockchain in its core business, which is transactions at scale, according to CEO Alfred Kelly.

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Standard Chartered Reports Blockchain Letter Of Credit Transfer Between Thailand, Vietnam

PYMNTS

Standard Chartered has announced the completion of the first cross-bank Letter of Credit (LC) transaction over blockchain, between Vietnam and Thailand, according to a report from FinanceFeeds. It was completed over the blockchain-based Contour network, which is an open industry platform and focused on digitizing trade finance.

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Bitcoin Daily: Ukraine Busts Alleged Crypto Laundering Operation; Blockchain Shipping Platform TradeLens Expands

PYMNTS

The joint effort began in July with data integration from the Gemport and Gebze terminals to the technology, which is based on blockchain. TradeLens is a digital shipping technology fueled by blockchain infrastructure made by IBM and A.P. Moller – Maersk together.

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JCB And TECHFUND Partner For Blockchain Payment System Ideas

PYMNTS

Japan-based credit card and payment firm JCB has announced a partnership with tech startup accelerator TECHFUND to explore the idea of a payment system with blockchain options, the company said on Friday (May 15). TECHFUND isn’t new to the blockchain sphere, having explored helping entrepreneurs with service token offerings in the past.

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Bitcoin Daily: Travala.com Combines With TravelbyBit; France Tests Blockchain-Operational Digital Euro

PYMNTS

Blockchain-based lodging reservation platform Travala.com has unveiled a merger with TravelbyBit, a Binance-backed “cryptocurrency-friendly” flight reservation site, according to an announcement on Wednesday (May 20). ” The firms will cross-market each of their travel services as the initial step of the merger.

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