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Russian bank issues first on-chain bank guarantee in Chinese yuan
2.3.2023
The transaction was performed through the Masterchain blockchain platform, which is the Russian national blockchain network
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
2.3.2023
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored the advantages of using a digital form of the document and pointed out that demand for yuan payments is growing. MKB Employs Bank of Russia’s...
IBM, Top Australian Banks Execute Country’s First Blockchain Bank Guarantee
10.2.2021
By digitizing the normally paper process, the Lygos joint venture says it's shown it can speed up bank guarantee issuances
Israel's Bank Hapoalim joins blockchain bank guarantee platform
10.12.2020
Blockchain is changing how banks handle debt
Three of Australia's "big four" banks bring bank guarantees on blockchain
1.9.2020
Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days
IBM Launches Blockchain Pilot for Bank Guarantee Processes
3.7.2019
IBM has launched a blockchain pilot for bank guarantee processes with four Australian financial services firms