Friday February 26, 2021
Bitcoin (BTC) $47,471.00   Ether (ETH) $1,493.72
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Vendor Technology

BCB Group goes live with Corda powered digital asset shared ledger

BCB will be the first to provide prime brokerage services for digital assets on Corda Network

Published by CryptoNinjas.net
08/01/2019
BCB Group goes live with Corda powered digital asset shared ledger

BCB Group, a cryptocurrency prime broker catering to the bespoke needs of institutional clients, today announced they are now live with DASL – The Digital Asset Shared Ledger developed by LAB577.

DASL is a Corda-based digital asset shared ledger for financial institutions that mitigates the business risks involved when handling digital assets, including cryptocurrencies. BCB Group offers a diverse range of products for the financial services value chain including onboarding, business accounts, payment services, and OTC trading.

DASL provides the platform for crypto-brokers to join and utilize Corda Network

Corda Network is an underlying universal network which enables interoperability between nodes across separate business networks, applications, and processes.

This third wave blockchain technology has now integrated the Ethereum network with Corda Network allowing ETH and ERC-20 tokens to be traded on Corda Network. BCB Group’s implementation of LAB577’s technology supports its mission to be the market-leading provider of liquidity, pricing, trade execution, transparency and control across the entire trade cycle.

“One of the greatest barriers to entry for financial institutions in digital asset markets is the uncertainty stemming from settlement and security risks. We identified LAB577’s Corda-based DASL solution as the most robust and credible way forward for trading and payments that not only mitigates those risks but also provides a scalable framework for the much more sophisticated financial instruments which lie ahead.”
– BCB Group CEO Oliver von Landsberg-Sadie

DASL

With seamless ledger and settlement services integrated into fiat banks and digital asset custodians, DASL’s shared ledger provides high-speed bi-lateral transactions with full privacy between parties.

“LAB577 are delighted to have helped BCB be the first digital asset prime brokerage on to Corda Network. DASL, built on Corda, provides institutions the ability to re-imagine how value is moved and managed. Creating new markets for previously illiquid assets and reducing risk and cost using digital assets.”
– LAB577 CEO Richard Crook

DASL allows financial institutions to re-invent their products and services using digital assets from primary issuance and secondary trading through to clearing and settlement.

“We’re confident that tokenization has potential to make rapid improvements to the way markets operate. BCB Group’s work is making a significant contribution to this by setting up key brokerage infrastructure, making these nascent markets more appealing to investors. The Corda platform is the ideal home for these next-generation markets, offering the highest levels of privacy and security, allowing businesses to transact seamlessly with robust governance.”
– David E. Rutter, CEO of R3

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Huobi to enhance European user fiat gateway with BCB Group
Crypto Exchanges

Huobi to enhance fiat gateway for European users with BCB Group

01/18/2021
Public Corda blockchain network gets its first digital currency, XDC
Networks & Protocols

Public Corda blockchain network gets its first digital currency, XDC

10/20/2020
BCB Group launches BLINC, a free, instant settlement crypto payment network
Networks & Protocols

BCB Group launches BLINC, a free, instant settlement crypto payment network

07/27/2020
Futurex and R3 bringing HSM-backed security to Corda blockchain
Featured

Futurex and R3 bringing HSM-backed security to Corda blockchain

03/24/2020
Chainstack Report: Corda and Hyperledger Fabric account for over 50% of all enterprise blockchain developer activity
Blockchain Technology

Chainstack Report: Corda and Hyperledger Fabric account for over 50% of all enterprise blockchain developer activity

01/21/2020
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Bitcoin ATM company Lamassu unveils brand new operator admin system

Bitcoin ATM company Lamassu unveils brand new operator admin system

02/23/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

02/22/2021
Crypto exchange technology platform HollaEx gets upgraded suite

Crypto exchange technology platform HollaEx gets upgraded suite

02/18/2021
LATAM bitcoin exchange Bitso secures insurance policy on user's crypto deposits

LATAM bitcoin exchange Bitso secures insurance policy on users’ crypto deposits

02/25/2021
Coinbase files registration statement for proposed public stock listing 

Coinbase files registration statement for proposed public stock listing 

02/25/2021
Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks

Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks

02/25/2021
Boson Protocol partners with Crucible to enable brands and games reward users with real-world items

Boson Protocol partners with Crucible to enable brands and games to reward users with real-world items

02/25/2021
Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

02/25/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version