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ITFC Raises Its Trade Finance and Development Efforts in OIC Countries


International Islamic Trade Finance Corporation (ITFC) has announced that in the third quarter of 2019, it helped in boosting growth in these nations by financing transactions to the tune of $2.2 billion. It is a significant development and shows the sort of financial commitment that has been made...

AXA Ceases Blockchain Insurance Solutions for Delayed Flights


AXA, the French Insurance giant geared up a test run for its blockchain platform in 2017 and named it “Fizzy.” It was designed to manage flight insurance meant for delayed flights. The project primarily focused on automating the claims processes with smart contracts on the public Ethereum platform....

ABN Amro Talks About Blockchain Knowledge at Trade Mission in Singapore


ABN Amro shared blockchain knowledge at trade mission organized by the Dutch Blockchain company, Coalition, and addressed issues like how innovative blockchain applications can contribute to safe and secure collaborations. These questions will take the limelight at the challenge organized by...

nChain Obtains Blockchain-enforced Smart Contract Patent


nChain, one of the globally leading firms offering research, development, and advisory in the blockchain technology, has recently obtained the patent for the blockchain-enforced smart contracts. The company had filed for the patent back in February 2017, which has been successfully granted...

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