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Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Dubai International Financial Centre (DIFC) and Mashreq Bank announced the launch of the region’s first blockchain data-sharing platform which went live on March 1.

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore and iTrust have collaborated in the first-ever successful blockchain trade financing transaction.

China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy

China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy

During Qishan Wang's speech, the Vice President of the People's Republic of China gave an overview of the world trend in economic development and finance.

Be the First to Mox

Be the First to Mox

Asia’s first all-in-one numberless bank card in black stainless steel, exclusively reserved for our Founding Members!

China’s First National Level Blockchain Cross-Border Financial System Goes Live

China’s First National Level Blockchain Cross-Border Financial System Goes Live

China Guangfa Bank (CGB), a major Chinese bank, has officially launched the blockchain-based cross-border financial service platform on June 15, with the guidance of the Guangdong Branch of the State Administration of Foreign Exchange.

China to be First Cashless Society with Digital Yuan Launch in 2022, SCMP Report

China to be First Cashless Society with Digital Yuan Launch in 2022, SCMP Report

China is poised to become the world’s first cashless society should roll out its Digital Yuan DCEP before it hosts the 2022 Winter Olympics according to the SCMP

World's First National Digital Currency to Be Built on Algorand

World's First National Digital Currency to Be Built on Algorand

World’s First National Digital Currency to Be Built on Algorand

Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the  Execution of their First Blockchain Trade Transaction

Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the Execution of their First Blockchain Trade Transaction

Oman Oil & Orpic Group and HSBC Bank Oman have succeeded in carrying out their first trade transaction via blockchain technology.

China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s WeBank Makes its First Move to Take its Blockchain Global, Partnering with Singapore's OpenNodes

China’s top digital bank WeBank has announced its partnership with Singaporean government-backed OpenNodes. This partnership will allow China’s FISCO BCOS blockchain platform to be brought to Singaporean academics for innovation and new initiatives. FISCO BCOS was deemed to be China’s version of Hyperledger Fabric when it was launched in 2018. The Financial Blockchain Shenzhen Consortium (FISCO) is backed by more than 100 Chinese organizations, including Huawei, Tencent, JD Finance, and WeBank, which is partly backed by Tencent. Developed by FISCO, the enterprise blockchain protocol was the first blockchain to be supported by China’s Blockchain Service Network.

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore

Sygnum has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets/banking services in the country

HSBC Becomes the First Bank to Finance Transaction via Hyperledger

HSBC Becomes the First Bank to Finance Transaction via Hyperledger

Multinational banking giant, HSBC has reportedly become the first bank to complete a financial transaction using the blockchain trade platform, we.trade based in Europe.

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