Eleven banks, including Bangkok Bank, BBVA, BNP Paribas, HSBC, ING and Mizuho, have developed a prototype application to streamline the processing of sight letters of credit and improve trade flows. Built on R3’s distributed ledger platform Corda, the application aims to drive greater efficiencies, reduce costs and simplify today’s existing processes. “Like so many of […]
Bitcoin mining takes up a great deal of electricity and energy, contributing substantially to environmental damage as the network grows at an exponential rate. A sustainable approach to mining benefits both miners and the environment. This is what OgNasty, founder of Nasty Mining, has set out to do.
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