Natixis, have pioneered the first Blockchain solution in commodity trade finance for US crude oil transactions. The distributed ledger platform, built on the Linux Foundation open source Hyperledger Fabric, allows major steps in a crude oil transaction to be digitized on the Blockchain, ensuring improved transparency, enhanced security, and optimized efficiency.
HSBC’s building in Canary Wharf, London. Photograph: Anthony Devlin/PA Archive/Press Association Image
Exclusive: Billions of dollars were moved out of Russia in ‘Global Laundromat’ operation, with anonymously owned UK companies playing major role theguardian.com
Britain’s high street banks processed nearly $740m from a vast money-laundering operation run by Russian criminals with links to the Russian government and the KGB, the Guardian can reveal.