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Banco Santander, Lloyds Banking Group, and UBS Successfully Settle Pilot Uncleared Margin Transfers in the Sterling Fnality Payment System

Fintech Finance

This real-world proof-of-concept proves that Fnality can be used to make bilateral margin payments using the £FnPS, and marks the first instance of a fully regulated Distributed Ledger Technology (DLT)-based payment system being used to settle margin for the purposes of real-world inter-bank derivative exposures.

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SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems

Fintech News

The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies. The PoC explored two models.

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Digital Assets Adoption Hurdles Knocked Down by R3 With New R3 Digital Markets Product Suite

The Fintech Times

As regulations evolve to meet this demand, firms like R3 , the distributed ledger technology (DLT) and services provider, are looking to make adoption as seamless as possible. R3 Digital Markets champions interoperability and ensures businesses are fully equipped to manage both digital and traditional assets effectively.

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Eurosystem Completes First of Many Experiments To Test DLT Central Bank Money Settlements

The Fintech Times

Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. Looking to the future Preparations for further trials and experiments are ongoing and will cover a variety of use cases.

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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. Solutions such as Basware’s eInvoicing, eProcurement and accounts payable (AP) seamlessly integrate with SAP S/4HANA.

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2024 Might be Full of Central Bank Digital Currency Launches, Know How

CoinRemitter

limited region, limited users, and specific use cases) with restricted functionality. Developers and authorities collect feedback from users during the pilot stage having some measurement points such as ease of use, accessibility, technical performance, economic impact, and overall satisfaction.

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The Future Of The Factory: How Technology Is Transforming Manufacturing

CB Insights

Additionally, game and VR engine maker Unity has announced a partnership with Autodesk to increase interoperability. Blockchain and distributed ledger technologies (DLT) projects aim to unite data from a company’s various processes and stakeholders into a universal data structure.