TagDigital Asset

Germany's Central Bank and Deutsche Börse Complete Blockchain Settlement Trial

Germany central bank Deutsche Bundesbank, and Deutsche Börse have announced the successful completion of a performance test for two prototype blockchain-based securities settlement systems which they developed jointly. In an announcement posted earlier today, it was revealed that the prototype systems support settlement of regular payments, interest payments, securities transactions and repayment...

27,000 Txn/s: Digital Asset Blockchain Beats Wall Street Bookkeeper's Minimum Scale

speedometer blockchain scaling

Global business technology provider GFT has announced results of an independent performance test on the Digital Asset (DA) platform showing that the platform can process trading volumes exceeding 27,000 trades per second over a sustained period of time. These results place the platform above peak US equity trading volumes according to the DTCC. Founded in 2014, Digital Asset claims to be the only...

Watch out Wall Street, Blockchain is Coming: Fmr. JPMorgan Exec. Blythe Masters

blythe masters JPMorgan digital asset blockchain

Blockchain innovator and former JPMorgan head of commodities Blythe Masters spoke at the London Metal Exchange annual dinner during the LME Week to say that blockchain is coming to commodity markets to introduce heightened confidentiality, reduce paper waste, and improve provenance and productivity. Masters -- who became managing director at JPMorgan at the age of 28 before becoming the head of...

Rialto Teams up With Bittrex for Digital Securities Trading Platform

bittrex

Alternative Trading System (ATS) provider Rialto Trading announced today, Aug. 23, that it is partnering with cryptocurrency exchange Bittrex to create a trading platform for blockchain-based securities, pending regulatory approval. Combining Specializations Rialto, which presently offers its users a regulated ATS for trading fixed income products, is seeking permission from regulators to extend...

Google Cloud Launches Blockchain Toolkit for App Developers

Google Cloud Blockchain Digital Asset

Developing blockchain solutions for enterprise clients just got easier for Google Cloud users, thanks to a collaboration between the computing giant and a distributed ledger technology (DLT) startup led by former JPMorgan executive Blythe Masters. Announced on Monday, the partnership will see Digital Asset provide a software development kit (SDK) to developers working on Google Cloud, enabling...

Digital Asset & DTCC Partner to Form Blockchain for Repo Clearing

Post-trade market infrastructure provider DTCC, the Depository Trust & Clearing Corporation and blockchain startup Digital Asset Holdings have announced plans to develop distributed ledger solutions to improve the current process he clearing and settlement of repurchase agreement (repo) transactions. In a new announcement by DTCC and Digital Asset, the firms will develop and test a...