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Credit Suisse and ING complete €25 million securities transaction using Blockchain Technology

4th March 20189th April 2018 BCTechreportbank of america blockchain, bctech, blockchain, blockchain news, blockchain stock exchange, blockchain technology, blockchain technology news, blockchain value, credit suisse blockchain, credit suisse ing, financial blockchain technology, financial blockchain technology applications, ing, ing blockchain, patent blockchain

The financial industry begins to use Blockchain Technology for a securities transaction. In this unprecedented transaction, two important banks, Credit Suisse Group AG and ING Groep completed a 20 million euros ($30.5 m) securities transaction, demonstrating how blockchain technology can help make the securities lending process faster and more capital efficient.