October 31, 2017

Top banks and R3 build blockchain-based payments system

  LONDON (Reuters) – Fintech firm R3 and 22 of the world’s biggest banks have together developed an international payments system that would allow existing central bank currencies and any new digital ones to be transacted via the blockchain, R3 said on Tuesday. The blockchain, which first emerged as the architecture underpinning cryptocurrency bitcoin, is […]

September 14, 2017

ZF, UBS and IBM bring blockchain to in-vehicle payments

The announcements are coming thick and fast at Frankfurt’s Internationale Automobil-Ausstellung (IAA) this week. Today, IBM revealed an exciting project in collaboration with ZF Friedrichshafen AG and UBS: to develop the first blockchain-based automotive transaction platform for mobility services. This shared ledger technology will enable secure and transparent in-vehicle payments, so that motorists can pay for tolls, parking, […]