BNP Paribas Hosts Blockchain Tech Development Event
French banking services group BNP Paribas hosted a development event last month focused on blockchain technology. Held in Paris on 21st and 22nd January, the gathering focused on use cases related to trade settlement, smart contracts and supply chain management, among others. BNP Paribas is one of a growing number of financial institutions worldwide looking to implement and develop the software that underlies bitcoin. The bank took part in the recent funding round for New York blockchain startup Digital Asset Holdings, and is a member of the blockchain consortium organized by R3CEV.....
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In fact, the collateral management blockchain project has an internal name, and is called Collat’Shaker. This project will improve efficiency in international trade transactions involving commodities. Everyone in the cryptocurrency world is well aware of how BNP Paribas is actively working on blockchain technology. Things have taken an interesting turn, as the financial institution is going into co-development mode. Various clients will be invited to pilot blockchain applications with a focus on transaction banking. An exciting development for distributed ledgers, that much is certain. The....
BNP Paribas has been working on blockchain technology for quite some time now, and its efforts went well beyond an in-house development team. Just a few days ago, their very first blockchain Bizhackathon took place, with the sole purpose of finding use cases for distributed ledger technology in the banking world. The BNP Paribas Blockchain Bizhackathon. Even though it is crystal clear for anyone in the world of Bitcoin and blockchain technology to see why distributed ledgers are a powerful tool for the financial sector, coming up with the right uses is a key element in making these efforts....
French multinational bank and financial services company, BNP Paribas, is holding its “first Blockchain Bizhackathon in New York for the Americas platform.” The event will be in New York City on September 7 and 8, hosting more than 50 participants. American Blockchain Bizhackathon. The American Blockchain Bizhackathon will bring together blockchain....
BNP Paribas is choosing to begin its public experiments with blockchain tech by pursuing one of its less discussed use cases – crowdfunding. The French financial services giant intends to launch a private securities program built using blockchain tech. The effort, a partnership with SmartAngels, a firm that allows entrepreneurs to raise money from private and professional investors, even has ambitious attempts to go live by the second half of 2016. In interview, BNP Paribas product manager Johann Palychata said that crowdfunding was selected as one of the company’s first use cases due to....
BNP Paribas, the second largest bank in the world, will be organizing a financial technology Hackathon in Brussels this weekend. Over the course of two days, various coders and developers will try to come up with innovative and creative solutions linked to one of four different themes. Even though Bitcoin is not officially featured, some of the participating developers may try to implement blockchain technology in their solution. As you would come to expect from BNP Paribas, their International Hackathon spans five different cities across different continents. All of these major cities....