banking
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London-based bank and financial services firm Standard Chartered has completed its first joint blockchain-based supply chain financing transaction. Standard Chartered announced on Aug. 5 that the institution successfully ran their first joint deep-tier supply chain financing transaction in partnership with China-based supply chain financing service provider Linklogis. UK Bank Standard Chartered Uses Blockchain for Supply…
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On thursday The Royal Bank of Scotland (RBS) reported another disappointing earnings and formally took itself off the global stage. “This is a plan for a smaller, more focused, but ultimately more valuable, bank with the vast majority of its assets in the U.K., and for RBS marks the end of the stand-alone global investment…