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 World Bank Sees DLT Potential For Cross-Border Transactions

PYMNTS

At heart of the matter, of course, is the place (or choice) of using distributed ledger technology (DLT) to underpin the transactions — especially B2B transactions. Some see distributed ledger technologies (DLT) as having the potential to drive industry-wide change.

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80+ Companies Shaping The Blockchain Landscape

CB Insights

download our best of blockchain research. Each of these companies raised funding since 2018 and has at least $40M in total funding. The post 80+ Companies Shaping The Blockchain Landscape appeared first on CB Insights Research. Meanwhile, non-fungible tokens ( NFTs ) are making strides toward becoming mainstream. First name.

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 Taking Stock Of The Banks Scrambling For Blockchain

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Blockchain technology is making ever-more inroads into various verticals to convey data and payments, according to a recent report from audit, assurance, consulting and tax services provider PwC, and appears to be moving away from cryptocurrencies in the process. Companies have dabbled in the lab,” the company wrote.

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Global Automotive Blockchain Revving Up?

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One estimate that debuted this week via Business Intelligence and Strategy Research (aka BIS Research) states that the global automotive blockchain market will reach $1.6 percent, as measured from 2018. billion by 2026. That represents a compound annual growth rate (CAGR) of 65.8

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Deep Dive: Emerging Response To B2B, P2P Cross-Border Payments Pain

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The cross-border business payments market is significant, as Medici research finds that international accounts payable (AP) by small- and medium-sized businesses (SMBs) currently hold approximately $7 trillion, and marketplace payouts amount to about $8 trillion. Mexico transactions in 2018. International B2B Payments Pains.

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B2B Cross-Border Payments Are Speeding Up

PYMNTS

Cross-border B2B transactions generated about $125 billion in revenue in 2018, leading more FIs and FinTechs to seek to update their infrastructures and better serve the needs of this sizable and growing sector. The latest Faster Payments Tracker examines developments in real-time payments with an emphasis on B2B cross-border transactions.

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13 Orgs And Corporate Giants Testing Out Blockchains And Distributed Ledgers

CB Insights

Goldman Sachs is reportedly setting up a cryptocurrency trading desk in New York that will be running by the end of June 2018, if not earlier. Swiss bank UBS is leading a pilot that aims to automate regulatory requirments for the MiFID II/MiFIR rules that take effect in 2018. GOLDMAN SACHS IS SETTING UP A CRYPTOCURRENCY TRADING DESK.