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NEXT BLOCK Conference “From Chaos To Clarity: 2019 Trends” • December 12, 2018

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Tag: BBVA

BBVA Completes $150 Million Syndicated Loan on Ethereum Blockchain

Category: Altcoins, Blockchain, Business, Ethereum, Exchange, Finance, News, Platform, Tech

BBVA Completes $150 Million Syndicated Loan on Ethereum Blockchain

One of Spain’s leading banks, Banco Bilbao Vizcaya Argentaria (BBVA), has successfully signed off the terms of a $150 million syndicated loan with the help of blockchain technology, reports Finextra, November 7, 2018. Multi-million Loan carried over a Private Blockchain Notably, the syndicated loan transaction was carried out over a private blockchain network in the presence of two legal advisors,…

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Available Now: Ethereum Smart Contracts on the Hyperledger Fabric

Category: Blockchain, Ethereum, Finance, News, Platform, Tech

Available Now: Ethereum Smart Contracts on the Hyperledger Fabric

Open-source proprietary protocol Hyperlegder, a highly-scalable blockchain solution that provides interoperability across a diverse set of enterprise blockchains, now supports the Ethereum Virtual Machine, as stated on a press release on October 26, 2018. Ethereum Transactions on Hyperlegder Hosted by the Linux Foundation, Hyperlegder is a business-focused, permissioned blockchain that is developed and maintained by industry leaders from several sectors,…

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Banks Have Officially Lost to Crypto Says Former JPMorgan and BBVA Executive

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News

Banks Have Officially Lost to Crypto Says Former JPMorgan and BBVA Executive

Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech companies. Fintech Takes Over Banks For decades, banks like JPMorgan, Goldman Sachs, BBVA, and Citibank have had absolute…

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BBVA Invests US$67 Million In UK Mobile-Only Atom Bank

Category: Finance, News

BBVA Invests US$67 Million In UK Mobile-Only Atom Bank

Atom, the UK’s first digital bank, has closed a £85 million (US$128 million) funding round led by BBVA, Spain’s largest financial institution. BBVA has agreed to invest £45 million (US$67 million) for 29.5% stake in Atom, which is set to launch in early 2016. “We have long admired BBVA’s vision and leadership,” Mark Mullen, Atom’s CEO and the former chief…

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