Large Canadian Bank Pilots Blockchain / DLT for Standby Letters of Credit

October 23, 2018 @ 11:06 am By Cali Haan |

The National Bank of Canada, the country’s seventh largest bank, is piloting a program to offer the creation and negotiation of standby letters of credit on a blockchain / distributed ledger system. The pilot uses a distributed ledger (DLT) system created by the company Skuchain and… Read More

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Read more in: Blockchain & Digital Assets, Canada, Fintech | Tagged cgi, frank tezzi, letters of credit, national bank of canada, patrice roy, skuchain, trade360