7 Financial Firms Test Blockchain for Data Management

Credit Suisse, Citi and HSBC are among seven financial firms to participate in a blockchain data management trial, with support from blockchain firms Axoni and R3CEV. Specifically participants interact with reference data after corporate bond issuance, with any proposed changes requiring validation by the underwriter to ensure the ledger provided a single, immutable record of all data related to the bond.

SourcePhoto by gdsteam

Editorial Staff

Editorial Staff at SG Fintech is a team of Fintech enthusiasts.