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Three French Banks Join R3 Corda Blockchain-Based Loans Platform

Three french banks join r3 corda blockchain-based loans platform

Three French Banks Join R3 Corda Blockchain-Based Loans Platform

Three french banks join r3 corda blockchain-based loans platform

British financial software firm Finastra has signed three global banks on its R3 Corda blockchain-based syndicated loans platform, the firm officially announced on May 14.

France-based banking institutions BNP Paribas, Natixis, and Societe Generale have officially joined Finastra’s syndicated lending platform Fusion LenderComm, following previous pilots back in 2017.

Based on blockchain consortium R3’s open source blockchain platform Corda Enterprise, Finastra’s Fusion LenderComm reportedly enables banks to instantly share credit agreements, accrual balances and position data to lenders.

Cécile Bartenieff, Chief Operating Officer of Global Banking and Investor Solutions at Societe Generale, stated that the Fusion LenderComm initiative will bring more transparency and operational efficiency to the syndicated loan market, which is “an illustration of how blockchain can help banks optimize the entire flow of financial operations.”

In October 2018, United Kingdom-based bank NatWest integrated the Fusion LenderComm platform.

Earlier today, popular Brazlian bank Banco Bradesco joined R3’s Marco Polo blockchain network for trade finance. Other member organizations include BNP Paribas, ING and the Sumitomo Mitsui Banking Corporation.

Recently, Nordic private banking institution Nordea announced an expansion of its blockchain-powered trading platform we.trade to small and medium-sized business customers (SMEs). The platform intends to bring more trust in dealing with cross-border trades by SMEs.

Published at Wed, 15 May 2019 04:13:16 +0000

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Washington D.C. To Hold Massive “Coordinated Terror Attack” Drill This Wednesday

zerohedge.com / by Tyler Durden / Apr 24, 2017 7:17 PM

April 26th is shaping up to be a busy day.

As we reported on Friday, that’s when Operation Gotham Shield, an exercise involving FEMA, Homeland Security and a myriad of law enforcement and military agencies and which simulates a nuclear bomb blast over Manhattan, is set to conclude.

Then, as we learned earlier, April 26 is also when the entire Senate will be briefed by Donald Trump and his four top defense and military officials on the situation in North Korea at the White House, an event which Reuters dubbed as “unusual.”

April 26 is also when the USS Carl Vinson is expected to finally arrive off the coast of the Korean Penninsula.

Now, in a statement from the Metropolitan Washington Council of Governments, the regional association reports that “law enforcement officials and other first responders will participate in a full-scale exercise on April 26 designed to prepare for the possibility of a complex coordinated terror attack in the National Capital Region.”

The statement adds that emergency managers who work together at the Metropolitan Washington Council of Governments (COG) planned the exercise to help protect residents by preparing for an attack involving multiple target locations and teams of perpetrators.

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The post Washington D.C. To Hold Massive “Coordinated Terror Attack” Drill This Wednesday appeared first on Silver For The People.

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BITCOIN – Triangle and baby triangle

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