UBS Group AG, after experimenting with blockchain technology for about two years, plans to build a trade finance system that uses distributed ledgers to streamline import-export transactions globally. Working with International Business Machines Corp., the Swiss bank chose the open-source Hyperledger blockchain platform for the project, in part for its deft handling of smart contracts.
Announcing: Seven New Members, New Cases Studies and Ethereum Foundation, Client Incentive Program ➤
