Credit Suisse processes $30 million worth Securities

Credit Suisse processes $30 million worth Securities

Credit Suisse has processed a live transaction with Duct bank ING by the use of blockchain. The transaction is worth $30 million. The blockchain enabled collateral- the lending platform was developed in line with HQLAX and R3 group. The platform is expected to aid bands in swapping legal ownership of government bonds originating from Dutch and Germany.

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