crypto news

Yes Bank partners with HashCash Consultants On Blockchain Based Corporate Payments

Published 2 years ago

The fastest growing bank in India regarded as the ‘Professionals' Bank' by many has joined hands with California based HashCash Consultants for cross border corporate payments. HashCash's blockchain network, HC NET is used by Banks, currency exchanges, corporate houses and FinTechs in several key global remittance corridors..

Yes bank's CIO, Anup Purohit said, "Our interest in Blockchain was owing to its potential of ushering an era of efficient processes through transparency, speed, security and seamless connections in order to maintain records and make quicker transactions. HC Corporate payments brings a radical shift for global banks and enterprises in managing cross border trade and business to business payments..

The result is better business for both banks and their corporate clients," said Raj Chowdhury, Managing Director at HashCash Consultants and a prominent Blockchain expert. Yes Bank had been experimenting with Blockchain Technology since its inception..

Last year, Yes Bank had announced that it has implemented a multi-nodal blockchain transaction to fully digitize vendor financing. YES BANK has been recognized among the Top and Fastest Growing Banks in various Indian Banking League Tables by prestigious media houses and Global Advisory Firms, and has received several national and international honors for our various Businesses including Corporate Investment Banking, Treasury, Transaction Banking, and Sustainable practices through Responsible Banking..

Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full

Coinbase Is Courting Serious Legal Trouble By Not Supporting Bitcoin Cash - Benzinga

The bitcoin blockchain officially forked into two cryptocurrencies Tuesday: bitcoin and Bitcoin Cash. Coinbase, the largest cryptocurrency exchange, has stated that it will not support Bitcoin Cash, d ... Read More

Crypto Investors, Keep An Eye On Blackmoon - Benzinga

On Tuesday, the firm announced the launch of the Blackmoon Crypto Platform, a new way for investors to trade and invest in “tokenized vehicles” based on the Ethereum blockchain. “The Blackmoon Crypto ... Read More

Savvy Or Stupid? Many Americans Betting Their Retirement Savings On Bitcoin - Benzinga

Penny for your thoughts on whether putting your retirement savings into bitcoin, the hot but crazy-volatile cryptocurrency, is worth risking a nest egg. BitcoinIRA launched last year and Chief Operati ... Read More

Feds Bust Reputed Bitcoin Baron In $4 Billion Scheme To Launder Drug Money, Ransomware, Bribes And Identity ... - Benzinga

A Russian criminal mastermind used his bitcoin currency exchange to launder $4 billion from a vast network of interlocking syndicates engaged in public corruption, identity theft, ransomware extortion ... Read More

Bitcoin Breaks Down Barriers In $60 Billion International Art Industry - Benzinga

The $60 billion international art world is increasingly intrigued by the idea of using bitcoin, a currency without borders and those often-annoying middleman, such as art brokers and government regula ... Read More