Sentences with phrase «platform for trade finance»

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At the same time, the Center for Sanctions and Illicit Finance of the Defense of Democracies Foundation outlined in a study that a tiny 0.61 % of the money which enters cryptocurrency trading and conversion platforms has been used against regulations.

On the contrary, seven of Europe's biggest banks — Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit — have hired tech giant IBM to build a blockchain platform to facilitate cross-border trade finance for small businesses.

There are many more applications of blockchain currently being adopted by banks — Bank of America has filed numerous patents relating to using the technology for conducting and settling transactions; Deutsche Bank is trialling a corporate - bond platform that uses smart contracts to issue and redeem bonds; and DBS and Standard Chartered Banks are working on a trade - finance collaboration with Ripple to better track invoices and avoid invoice duplication.

More recently, eight leading commodity players tested the concept for a new blockchain platform that could transform agricultural commodity trading practices and finance.

Square is also expanding that ecosystem with new services like its peer - to - peer payments platform Square Cash (which is integrated with Snap's (NYSE: SNAP) Snapchat and offers Bitcoin trading), its restaurant delivery and catering services Caviar and Zesty, and Square Capital, which offers financing for Square merchants.

Notable startups include WeLab, a leading Internet finance company that operates some of Mainland China and Hong Kong's largest lending platforms, the CompareAsia Group, a firm that provides financial comparison platforms throughout APAC, 8 Securities, a mobile trading and investing venture specializing in robo - advisory services, and iBox, a company that has developed a mobile point of sale terminal for businesses.

The TWQ (Tawarruq) is an ERC20 token that confer the right to the token holder to submit an application for a personal financing based on a Commodity Tawarruq Trading program, through the iP2PGlobal platform and have it listed in the platform for prospective lenders to view and choose to finance.

8th May 2017 - SIX Repo's repo trading platform CO: RE, owned by SIX Securities Services, has launched two additional European Equity Index Baskets: the CAC 40 and FTSE 100 for equity repo financing.

The trading platform adopted by BinaryCent is a proprietary trading platform developed exclusively for the Finance Group Corp..

Multiple Account Types — There are more than one type of account you can open as a new trader at Porter Finance, for they fully understand there are going to be low volume traders and also traders looking to place some very high volume trades day in and day out via their trading platforms.

TradeIX and AIG partnered to enable trade finance transactions for companies, using the blockchain - enabled platform provided by TradeIX.

Bloq, a Chicago - based blockchain developer and software startup, is now developing blockchain platforms and best practices for one of the most promising use cases for blockchain technology: trade finance and supply chain...

The platform is aimed to enhance the trade finance process for small - and medium - sized corporations.

According to the white paper, Ankorus intends to become a fully registered broker - dealer, acquire membership on a large and reputable exchange, follow best practices for insurance and auditing on a regular basis, and establish a compliant trading platform that will bridge the crypto and finance worlds.

In the age of smartphones, most Bitcoin trading platforms already have an application for Android or iOS which enables customers to use the services on the go and manage finances from anywhere at any time.

Bloq, a Chicago - based blockchain developer and software startup, is now developing blockchain platforms and best practices for one of the most promising use cases for blockchain technology: trade finance and supply chain management.

Issuers or financial intermediaries of the ICO would also be subject to licensing requirements of the Singaporean legislation, and will also have to comply with the requirements for countering money laundering and financing of terrorism.It is worth mentioning also that the Singapore regulator also speaks about licensing of cryptocurrency exchanges, where tokens of projects will be traded after ICO: «In addition, platforms facilitating secondary trading of such tokens would also have to be approved or recognised by MAS as an approved exchange or recognised market operator respectively under the Securities and Futures Act.»

At the press conference, the exchange concurred with deputy finance minister, stating that cryptocurrency trading on its platform will only be allowed for qualified investors, Tass conveyed.

Lanre Sarumi is the CEO of Level Trading Field, an interactive online platform for professionals in the finance industry.

As at the date of this announcement, any so - called tokens financing trading platform shall not engage in the exchange of legal currency and tokens, «virtual currency», and may not be traded or sold as a central counterparty to sell tokens or «virtual currency» Not for the tokens or «virtual currency» to provide pricing, information services and other services.

Recently, the People's Bank Business Management Department and the Beijing Municipal Bureau of Finance, the Municipal Industry and Commerce Bureau and other relevant departments of the Joint Inspection Unit stationed in the «fire network», «currency line» and other bitcoin currency trading platforms for on - site inspection.