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7 Global Banks Partner Up to Develop Blockchain-based Syndicated Loan Market

Seven major global banks have partnered with financial technology (fintech) firms R3 and Finastra for the development of the Blockchain technology-based marketplace for syndicated loans, called Fusion LenderComm. Among the banks are BNP Paribas, BNY Mellon, State Street, and ING.According to Finastra head of product management, corporate and syndicated lending, Ian Morris, they already successfull

Ethereum Technology to Thrive as EEA Adds Legal Industry Support

One of the leading Ethereum Blockchain consortiums just got a bit stronger. Yesterday, Aug 14, the Enterprise Ethereum Alliance (EEA) announced the addition of 14 new members to its Legal Industry Working Group.Eleven leading law firms and three academic institutions, including the Cardozo Law School, Duke Center on Law & Technology, and the Department of Legal Studies and Business Ethics at t