Brazilian banking giant Banco Bradesco has signed a Memorandum of Understanding (MOU) with Japanese bank MUFG to launch a new blockchain-based cross-border payment service. According to the terms of the MOU, the banks...

Blockchain or distributed ledger technology (DLT), which initially took the global financial sector by storm, is being tested and implemented across almost all industries. In our Blockchain Beyond Finance series, we...

Hong Kong-based Hang Seng Bank has announced that it has successfully completed a pilot trade transaction for two corporate customers using the recently launched eTradeConnect platform. The Hong Kong Monetary Authority...

Tech titan Microsoft has announced the initial release of the Azure Blockchain Development Kit, built on the firms serverless technologies. In its announcement dated November 15, Microsoft said the kit extends the...

Indian IT company NIIT Technologies has announced its partnership with enterprise software firm R3 to develop blockchain-based solutions for Banking and Financial Services, Insurance and Travel and Transportation. The...

Malaysian banking giant CIMB is collaborating with blockchain startup Ripple to enable instant cross-border payments across CIMBs markets. With this collaboration, CIMB has become the latest financial institution to...

Global food company Smithfield Foods has joined a new blockchain consortium focused on the food industry. FoodLogiQ, a SaaS provider of traceability, food safety and supply chain transparency solutions, in collaboration...

Spanish telecom giant Telefónica is collaborating with tech giant IBM to implement blockchain technology to streamline core business processes. By leveraging blockchain technology, Telefónica aims to...

Arket, the in-house brand of clothing retail giant HM, is testing blockchain technology for product traceability, The Next Web reported. The trial is being conducted in collaboration with blockchain technology developer...