ING Bank Introduces Open-Source Zero Knowledge Technology for Blockchain PrivacyING, the Dutch multinational banking and financial services corporation, announced today the release of its open source blockchain tool Zero-Knowledge Set Membership (ZKSM).
New Research Says Blockchain Can Add $1 Trillion to World Trade By 2028According to a newly released report from the World Economic Forum (WEF) and Bain & Company, distributed ledger technologies (DLT) could add as much as $1 trillion to global trade finance over the next ten years.
IBM Introduces ‘Near Real-Time’ Blockchain Payment Network Based on Stellar ProtocolIBM’s Blockchain World Wire (BWW) payment network is out of beta, promising simultaneous clearing and settlement of cross-border payments in “near real-time.” Based on Stellar blockchain, BWW attempts to negate banking intermediaries that add complexity and cost to the traditional international payments systems.
Bank of England May Use Distributed Ledger Technology To Renew UK Payment SystemMinouche Shafik, Deputy Governor, Markets & Banking Bank Of England, stated the bank considers using the distributed ledger technology in its new infrastructure.