Remove Distributed Ledger Technology (DLT) Remove Settlement Remove Use Case
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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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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. Initially, 16 private companies will conduct trials involving actual settlement in central bank money.

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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. Globally, over 130 countries are exploring, developing, or have launched CBDCs.

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B2B Use Cases Drive Up Real-Time Demand

PYMNTS

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. In the latest show of support for distributed ledger technology, J.P.

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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. Digital assets and digital currencies continue to grow in popularity and demand.

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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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Bitcoin Daily: Caymans Introduce Digital Asset Regulatory Framework; Reserve Bank Of Australia To Test CBDC; Huobi Expands Support For Visa And Mastercard

PYMNTS

Their research will begin with a proof-of-concept for a CBDC operated on distributed ledger technology (DLT) to test the proposed coins’ use cases in payment settlements, the release stated.

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