Oil majors and trading firms can start finalizing crude oil deals on a live blockchain-based platform for the first time, in a move that could revolutionize the market.
Banks Itaú Unibanco Holding SA and Standard Chartered have partnered to develop a blockchain-based platform for small syndicated loans, both companies said on Monday in a statement.
Calastone, an investment funds transaction network, said on Monday it will shift its entire system to blockchain in May, a move that could slash costs for the sector by billions of dollars a year.
The U.S. Securities and Exchange Commission (SEC) said on Thursday it settled charges against Zachary Coburn, the founder of cryptocurrency token trading platform EtherDelta, over operating an unregistered securities exchange.
China will likely publish rules for Shanghai's planned "technology innovation board" in January, and will launch the new tech board before June, the 21st Century Business Herald reported on Tuesday, citing unidentified sources close to the Shanghai Stock Exch…