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The Corporates Betting On Blockchain To Reshape Capital Markets Infrastructure

CB Insights

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. Please click to enlarge.

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The Blockchain Companies Poised To Transform Capital Markets Infrastructure

CB Insights

This massive market, which includes a broad range of financial “plumbing” services, could be poised for a blockchain shake-up. But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo.

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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

That includes advancements in Canada's upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard's Track Business Payment Service to facilitate real-time, account-to-account transfers for businesses. Plus, blockchain makes new inroads in the B2B arena. Canada Taps Vocalink for Real-Time Rail.

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Basware Integrates Solutions With SAP App Center

PYMNTS

Customers can tap into about 1,800 partner resources at the SAP App Center, sorted by product, industry and use case scenarios. The prototype uses SAP’s Payment Engine application to initiate, process, clear and settle transactions.

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Bank of Thailand Concludes Retail CBDC Pilot Programme, Reveals Key Findings

Fintech News

Thailand’s CBDC journey The BOT’s journey towards a CBDC began in 2018 with Project Inthanon, which focused on creating a decentralised Real-Time Gross Settlement (RTGS) prototype using wholesale CBDC.

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SIA’s Third-Party Approach To RTGS

PYMNTS

By 1990, many countries had real-time gross settlement (RTGS) systems in place to rapidly clear and settle high-value transactions. But as countries continue to demand more from their RTGS offerings, many are realizing that their aging services no longer meet their needs.