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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2018-03-05] European Banks Complete First Live Securities Transfer On R3’s Bloc
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feverpitch (OP)
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March 05, 2018, 09:43:23 AM
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The Swiss-based Credit Suisse and Dutch-based ING financial service groups have successfully completed the first live transaction of 25 mln euros (around $30 mln) in securities on R3’s Corda Blockchain platform, according to Credit Suisse’s March 1 press release.

Credit Suisse and ING transferred the legal ownership of Dutch and German government securities using HQLAX Digital Collateral Records (DCRs) on the HQLAX Corda-based collateral lending application.

https://cointelegraph.com/news/european-banks-complete-first-live-securities-transfer-on-r3s-blockchain-platform
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