Corda

Intesa Sanpaolo S.p.A. Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs

Retrieved on: 
Friday, February 2, 2024

This report provides insight into Intesa Sanpaolo's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Key Points: 
  • This report provides insight into Intesa Sanpaolo's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • Intesa Sanpaolo SpA (Intesa Sanpaolo) is a diversified financial services group that offers a range of banking solutions to private, SMEs, and corporate institutes.
  • In May 2023, Intesa Sanpaolo launched new Governance Area dedicated to innovation and information technology in line with its 2022-25 Business Plan.
  • The transformation efforts by Intesa Sanpaolo rely on technology solutions, such as Intesa Sanpaolo Mobile app.

R3’s Corda Powers First Digital Bond Issuance on Euroclear’s Digital Financial Market Infrastructure

Retrieved on: 
Tuesday, October 24, 2023

The transaction represents a major development in Euroclear’s ongoing Distributed Financial Market Infrastructure (DFMI) initiative, harnessing the power of R3’s Corda platform to improve the transparency, speed and resilience of the bond issuance process.

Key Points: 
  • The transaction represents a major development in Euroclear’s ongoing Distributed Financial Market Infrastructure (DFMI) initiative, harnessing the power of R3’s Corda platform to improve the transparency, speed and resilience of the bond issuance process.
  • The issuance took place under UK law and was successfully completed yesterday, Monday 23rd of October at 1pm BST.
  • The issuance of the digital bond is another example of R3’s Corda being leveraged by regulated institutions around the world to digitise the capital markets and drive innovation forward.
  • In addition to Euroclear, Corda is being used by hundreds of institutions to power digital finance solutions across capital markets.

CoreChain Partners with R3 to Power Embedded B2B Payments for Banks and Digital Banking Providers

Retrieved on: 
Tuesday, October 17, 2023

CoreChain’s network will make modern B2B payment processing available to banking institutions and their service providers via Corda, R3’s distributed platform for decentralized applications.

Key Points: 
  • CoreChain’s network will make modern B2B payment processing available to banking institutions and their service providers via Corda, R3’s distributed platform for decentralized applications.
  • R3 and CoreChain are partnering to offer banks a digital payments platform they can quickly deploy for their business banking customers.
  • CoreChain Pay delivers a suite of easy to deploy digital payment services that reduce fraud, eliminate paper waste, increase efficiencies and savings.
  • And as importantly, the R3-CoreChain partnership will enable business banking customers to access digital B2B Payments capabilities offered by their financial institution.

ESG1 Partners with GMEX ZERO13 on Trading Tokenized Carbon Credits from Emissions Removals

Retrieved on: 
Thursday, September 14, 2023

Cross-chain interoperable ESG asset trading and settlement enabled by ZERO13 as a fully integrated market distribution partner for ESG1's highly verified, IoT-linked industrial carbon credit tokens.

Key Points: 
  • Cross-chain interoperable ESG asset trading and settlement enabled by ZERO13 as a fully integrated market distribution partner for ESG1's highly verified, IoT-linked industrial carbon credit tokens.
  • ESG1's V10N digital measurement, reporting, verification, and tokenization (MRVT) platform is integrating with GMEX's ZERO13 trading hub to provide large-scale, high-integrity credits generated by disruptive emissions removal technologies.
  • We're excited to partner with ZERO13 to export these proven Canadian emissions standards to the world while collaborating on building automated, scalable, and IoT-integrated carbon markets."
  • Hirander Misra, CEO of GMEX Group and ZERO13 added, "Our collaboration with ESG1 ensures buyers can digitally procure high quality carbon removal credits with end-to-end provenance and trust.

R3 Doubles Down on Interoperability, High Availability, and Scalability Reinforced by the Next Generation of Corda

Retrieved on: 
Wednesday, June 14, 2023

R3, in partnership with Adhara, has also launched a Hyperledger Foundation Lab – Harmonia – to accelerate the development of interoperability protocols for regulated financial institutions.

Key Points: 
  • R3, in partnership with Adhara, has also launched a Hyperledger Foundation Lab – Harmonia – to accelerate the development of interoperability protocols for regulated financial institutions.
  • Harmonia will address the constraints and requirements of regulated financial networks to achieve true atomic settlement across blockchain networks.
  • This is a very important initiative to drive adoption of DLT across financial markets.”
    Next-Gen Corda is available today as public beta.
  • R3 invites feedback from new and existing users on the principles that underpin the next generation of Corda as they start to build the next wave of distributed networks.

Ground-Breaking SWIFT Innovation Paves Way for Global Use of CBDCs and Tokenised Assets

Retrieved on: 
Wednesday, October 5, 2022

SWIFT has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure a major milestone towards enabling their smooth integration into the international financial ecosystem.

Key Points: 
  • SWIFT has successfully shown that Central Bank Digital Currencies (CBDCs) and tokenised assets can move seamlessly on existing financial infrastructure a major milestone towards enabling their smooth integration into the international financial ecosystem.
  • Working in collaboration with Citi, Clearstream, Northern Trust, and SETL, its technology partner, SWIFT explored 70 scenarios simulating market issuance and secondary market transfers of tokenised bonds, equities and cash.
  • Tom Zschach, Chief Innovation Officer at SWIFT, said: Digital currencies and tokens have huge potential to shape the way we will all pay and invest in the future.
  • Headquartered in Belgium, SWIFTs international governance and oversight reinforces the neutral, global character of its cooperative structure.

Ownera and R3 Announce Collaboration for Inter-tradability of Assets From Any Ledger

Retrieved on: 
Thursday, September 22, 2022

The solution will unlock global distribution and liquidity for the digital assets market across any asset class, including private securities, and any underlying ledger - private or public.

Key Points: 
  • The solution will unlock global distribution and liquidity for the digital assets market across any asset class, including private securities, and any underlying ledger - private or public.
  • This has the potential to promote further institutional adoption and the global distribution of high-quality assets.
  • The FinP2P routing network solves this problem by orchestrating the instant exchange of digital assets held on any blockchain platform, for digital cash held on any ledger.
  • Ownera is a digital assets software company building the institutional rails for a new multi-trillion-dollar digital securities market.

#dltledgers Raises $ 8.5 Million in Series B Investment, crossing the $ 100 million valuation mark

Retrieved on: 
Wednesday, September 21, 2022

SINGAPORE, Sept. 20, 2022 /PRNewswire/ -- Blockchain based multi enterprise supply-chain business network (MESCBN) platform, #dltledgers, today announced that it has raised $ 8.5 million from its lead investor in a Series B funding round. This strategic round now brings #dltledgers' valuation to well above $ 100 million, up from $ 46 million after its Series A round just over a year ago.

Key Points: 
  • This strategic round now brings #dltledgers' valuation to well above $ 100 million, up from $ 46 million after its Series A round just over a year ago.
  • A connected supply chain between entities resolves a huge problem for large enterprises, banks, Logistics and financing organisations.
  • The digitalisation of multi-party transactions provide authenticity and enables a large part of sustainability and financing initiatives with suppliers and distributors.
  • It's industry agnostic and can be subscribed and run by any enterprise which has a network of suppliers, distributors, banks and logistics.

Impel and Globiance Announce Strategic Partnership

Retrieved on: 
Wednesday, July 27, 2022

New Alliance will Deliver Blockchain-Based Financial Messaging and Instant Transaction Settlement for Traditional Banks

Key Points: 
  • Globiance is a banking and exchange platform complete with payment gateways, banking services, a stablecoin, and centralized and decentralized marketplaces.
  • Globiance offers services for both corporate and retail customers from branches in 13 countries, servicing five continents with more in development.
  • Leveraging outstanding security, Impel offers real-time payment settlement, instead of the current 2+ day standard via the central banking system.
  • Financial institutions can use Impel as a catalyst to strategically transform their businesses and unlock value-added opportunities enabled by the new standard.

Impel Launches Next-Gen Alternative to SWIFT, SEPA on the XDC Network

Retrieved on: 
Wednesday, June 22, 2022

DALLAS, June 22, 2022 (GLOBE NEWSWIRE) -- Impel and the XDC Network (XinFin) today announced the official launch of Impel, an alternative solutions platform for quickly and securely sending ISO 20022-compliant financial messages.

Key Points: 
  • DALLAS, June 22, 2022 (GLOBE NEWSWIRE) -- Impel and the XDC Network (XinFin) today announced the official launch of Impel, an alternative solutions platform for quickly and securely sending ISO 20022-compliant financial messages.
  • Impel was created as a cost-effective alternative to legacy financial messaging solutions, like SWIFT and SEPA, providing an interoperable standard for financial data exchange while also streamlining settlement and reconciliation.
  • Through the R3 Corda | XDC Network Bridge, $XDC value can move freely between the Corda public network and the XDC Networks public blockchain.
  • Created to provide a cost-effective alternative to legacy solutions like SWIFT and SEPA, Impel runs on the XDC Network using a decentralized, enterprise-ready hybrid blockchain to securely and quickly send financial messages and payments.