Credit Suisse Group AG (CSGN.S) and ING Groep NV (INGA.AS) have officially completed a blockchain-powered securities lending transaction of $30.48 million β€” illustrating the obvious utility Bitcoin’s underlying technology has in the world of traditional banking. Banking on the Blockchain According to Reuters, the transaction between Credit Suisse Group AG and ING Groep NV involved “swapping baskets of securities through an application from financial technology company HQLAx built with a type of blockchain created by Read More The post Banks Successfully Transact $30.48 Million in Securities Using Blockchain Technology appeared first on Bitcoinist.com.



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