Two European and one Japanese bank one have completed the first blockchain-based syndicated loan.
Together with France’s BNP Paribas and Japan’s Mitsubishi UFJ Financial Group, Spain’s banking behemoth BBVA utilized a private blockchain network in arranging a syndicated loan amounting to US$150 million for grid operator Red Electrica. Initially reported by the Financial Times, legal advisers were also granted access to the private blockchain network allowing instant exchange of information among all the parties to the deal. Continue reading BBVA and Co-Lenders Complete $150 Million Syndicated Loan on a Blockchain
A blockchain is an online database that can be used by anyone with an internet connection, anywhere around the globe. The traditional databases we have seen so far, are owned by central figures like banks, firms, and governments. The blockchain, on the other hand, does not belong to anyone. With every user in the blockchain network looking after it, faking documents, transactions and tampering with all kinds of data is nearly impossible in the Blockchain technology. Continue reading Top 7 Blockchain companies that are taking over the world
The inaugural edition of the Malta Blockchain Summit has been a resounding triumph. Held on the 1st to 2nd November, at the Intercontinental Hotel, St. Julian’s – the Summit saw intense interest, from both local and global quarters, with 8,500 attendees turning up for the event. Continue reading 8,500 Attendees Ignite Blockchain Island : Malta
Mobile blockchain technology will soon become a reality, as electronics giant HTC has just announced the presale of its brand new blockchain-enabled smartphone, the Exodus 1.
The device was first unveiled during the recent Web3 summit, which took place between October 22-24 in the German capital, Berlin. HTC made the official announcement via its Twitter account on October 23. Continue reading HTC announces presale of Exodus 1, the company’s ground-breaking blockchain smartphone
Crypto games are something of a rarity. They do exist, but this form of entertainment is still largely restricted to a core of blockchain enthusiasts. There are quite a few hurdles that need to be overcome before mass adoption can occur. The first generation of blockchain-based games tend to be slow and simple, a far cry from the heavyweight gaming series available on traditional consoles or PC. Crypto gaming is a long way indeed from reaching the general gaming public. Continue reading Let’s talk about crypto-games: First Crypto Games Conference yields new collectible game Blockchain Cuties