Tagged: poc

December 5, 2024 @ 12:00 pm By JD Alois  |  

The Securities Industry and Financial Markets Association (SIFMA) has released a report on a proof of concept project pertaining to the tokenizstion of assets and distributed ledger technology. By leveraging blockchain, the hope is to improve the efficiency of asset issuance, distribution and management. This… Read More

October 31, 2023 @ 11:56 pm By Omar Faridi  |  

Fave, a consumer fintech platform in Southeast Asia and India, has announced its participation in the SGQR+ POC led by the Monetary Authority of Singapore (MAS). The SGQR+ POC will be limited “to Districts 16 and 17 of Singapore and showcased during the Singapore FinTech… Read More

July 20, 2023 @ 5:12 am By Omar Faridi  |  

Shinhan Bank, SCB TechX, and an unnamed financial institution in Taiwan have announced the successful completion of a stablecoin remittance proof-of-concept (PoC) pilot, according to a release. The PoC was reportedly built on the Hedera network, a high-performance blockchain. The pilot was said to have… Read More

July 7, 2023 @ 9:11 am By Omar Faridi  |  

Members of the U.S. financial services sector published the findings of a proof of concept (PoC) that explored the feasibility of the regulated liability network (RLN), which is envisioned “as an interoperable network for wholesale payments operating on a shared multi-entity distributed ledger.” While today’s… Read More

November 16, 2022 @ 4:41 pm By Omar Faridi  |  

Members of the U.S. banking community announced the launch of a proof of concept (PoC) project that will “explore the feasibility of an interoperable digital money platform known as the regulated liability network (RLN).” Using distributed ledger technology, the proposed platform would “create innovation opportunities… Read More

October 19, 2022 @ 8:52 pm By Omar Faridi  |  

Colt Technology Services has announced the successful completion of a pioneering cloud colocation Proof of Concept (PoC), which demonstrates “the viability of hosting and distributing multicast data in the cloud for global Capital Market customers.” The testing represents “a step towards greater on demand services… Read More

May 18, 2021 @ 10:37 pm By Omar Faridi  |  

Deutsche Bank’s Securities Services business in Singapore and Hashstacs (STACS) have reportedly finalized their proof-of-concept (PoC), called Project Benja, on the use of distributed ledger technology (DLT) for crypto-assets and sustainability-related digital bonds. Set in the context of the nascent tokenized securities in the securities… Read More

July 25, 2018 @ 11:46 am By JD Alois  |  

Earlier this week, the Bank of England (BoE) published a document outlining progress on their proof of concept (POC) project for a “renewed Real-Time Gross Settlement (RTGS) service that will deliver a resilient, flexible and innovative sterling payment system for the United Kingdom to meet the… Read More

July 10, 2017 @ 12:39 pm By JD Alois  |  

  The Bank of England has has published summaries of the third round of Proofs of Concept (POCs) completed by its Fintech Accelerator. Launched a year ago, the Accelerator seeks to deploy innovative technologies on issues relevant to the Bank’s mission and operations. The Bank… Read More