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Blockchain platform commercializes digital bank guarantees in Australia

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The Lygon blockchain platform, which runs on IBM Public Cloud, has reportedly successfully conducted its pilot since last year with Australian banks ANZ, Commonwealth...

Three of Australia’s “big four” banks bring bank guarantees on blockchain

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Three of the “big four” Australian banks are forming a new company called Lygon to digitize bank guarantees using blockchain technology.  Bank guarantees are an...