Distributed Ledger Technology RSS

The Italian Banking Association (ABI) says that its Spunta Project, a blockchain-based application for interbank reconciliations, has successfully completed all technical tests. The Spunta Project began back in December 2017 when... more

The post The Italian Banking Association passes blockchain Spunta Project for rollout appeared first on Payments Cards & Mobile.

Wells Fargo says it will pilot an internal settlement service, Wells Fargo Digital Cash, which will run on its first distributed ledger technology (DLT) platform. Wells Fargo Digital Cash will... more

The post Wells Fargo pilot internal settlement service using DLT appeared first on Payments Cards & Mobile.

Visa has launched its Visa B2B Connect network to help financial institutions process cross-border payments globally on behalf of corporate clients faster and at a lower operational cost, it said... more

The post Visa B2B Connect blockchain based payments network goes live appeared first on Payments Cards & Mobile.

Quant Network, a UK-based technology company, have signed a partnership agreement to explore blockchain interoperability through an agnostic cross-platform blockchain operating system for applications and services belonging to banks and... more

The post Money 2020: Quant network launches interoperable blockchain operating system for banks and financial institutions appeared first on Payments Cards & Mobile.

Blockchain has been seen as a panacea for all that ails the financial services and payments industries, but expectations for the distributed ledger technology have been falling almost as fast... more

The post Have we gone around the block with blockchain? appeared first on Payments Cards & Mobile.