Blockchain-based Syndicated Loan Platform launch by NatWest Bank

Blockchain-based Syndicated Loan Platform launch by NatWest Bank

The National Westminster Bank, identified as the NatWest bank, is to launch Fusion LenderComm in November. The Fusion LenderComm, a lending platform, is developed with the integration of R3’s Corda blockchain. The blockchain solution was built in association with a fintech company called Finastra. The solution is expected to lessen the time taken to set-up syndicated loan arrangements.

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