Finastra, R3 and seven global banks are teaming up to build a blockchain based marketplace for syndicated loans; banks include BNP Paribas, BNY Mellon, HSBC, ING and State Street; Fusion LenderComm, which uses R3's Corda platform, will be able to handle real-time credit agreements, accrual balances, position information and transaction data. Source.
There has been a lot of discussion in the last few years about blockchain technology and its potential impact on...