Banks’ Blockchain Race: BNP Paribas Sends Its First Payments from Germany, UK, Netherlands
Bank-to-bank Blockchain payment firsts keep coming with news that France’s BNP Paribas successfully sent multiple transactions this week. Acting on behalf of Italian client Panini Group and Australian company Amcor, the bank sent real-time Blockchain-based payments from bank accounts located in Germany, the United Kingdom and the Netherlands. BNP wants ‘real-time cash management’. “The payments were fully processed and cleared in a few minutes highlighting the real potential of this innovative technology which eliminates delays, unexpected fees and processing errors, paving the way for....
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BNP Paribas, one of the world’s top banks, announced that it has processed real-time payments for two of its longstanding corporate clients, Amcor, a global leader in packaging solutions, and Panini Group, an international leader in collectables and trading cards using blockchain technology. BNP Paribas has successfully processed and cleared payments in various currencies for Panini Group and Amcor between BNP Paribas bank accounts located in Germany, the Netherlands and the United Kingdom. The announcement states that the payments were fully processed and cleared in a few minutes,....
A multi-million dollar global collectibles seller and a billion-dollar packaging firm have participated in some of the first "live" transactions using BNP Paribas’ blockchain service, the bank said today. According to BNP Paribas, payments were processed and cleared for both Italy-based sports collectibles firm Panini Group and packaging firm Amcor, which operates out of Australia. The payments were cleared in “a few minutes", the bank added, using different currencies to facilitate transactions between bank accounts located at branches in Germany, the Netherlands and the....
In a post published Tuesday on the Bitcoin Foundation blog, Affiliates Director at the Foundation Mark Woods today welcomed the Foundation's newest affiliates from Germany and The Netherlands. The first is Bundesverband Bitcoin (Germany) and Stichting Bitcoin Nederland (quite obviously, The Netherlands). "Home to some of the most active bitcoin communities, both Germany and the Netherlands have entire streets of local businesses that prefer to accept bitcoin. The town of Kreuzberg in Berlin made headlines in 2013 and a street in the Hague in the Netherlands has been dubbed 'Bitcoin....
This small, but mighty country is demonstrating that good things come in small packages, illustrating its potential as one of the top FinTech countries in the world. The Netherlands has a population of around 17 million people; Germany has a population of nearly 81 million; France has a population of over 66 million people; and the U.K. has a population of 64 million. However, while the latter European countries may spring to mind when you think about the ideal locations for startups, the Netherlands is a country that isn’t afraid to keep up with the big players when its needs to.....
Following a weekend of solution seeking, collaboration and competition, the highlight of the Hackenergy 2016 event was a blockchain-fueled peer-to-peer (P2P) energy trading system called EcoCoin, which grabbed top honors. Brendon Geils of the U.S., Simon Appel of Germany and Hodge Hodgson of Germany) built the blockchain-fueled P2P energy trading system on the open source Hyperledger blockchain managed by the Linux Foundation to win the hacking competition. International Turnout. Hackers from Germany, Spain, the U.S., the U.K. and the Netherlands attended the event, held in Groningen, an....