Web10 feb. 2024 · Lygon, a blockchain-based platform and joint venture involving the ANZ, Westpac and Commonwealth banks, shopping center operator Scentre Group and IBM, … Web7 sept. 2024 · The Lygon blockchain platform has successfully completed its trial, which began in 2024 in collaboration with the Aussie banks such as Commonwealth Bank of Australia (CBA), ANZ, Westpac and a group of 20 Australian companies. The platform has been hosted on IBM Public Cloud facility. Banks are anticipated to disburse bank …
Aussie big bank-backed IBM blockchain platform Lygon mints firs…
Web31 aug. 2024 · SYDNEY, AUSTRALIA – SEPTEMBER 1, 2024: ANZ, Commonwealth Bank of Australia, Westpac, IBM and Scentre Group have today announced the expansion of a successful blockchain platform, Lygon, that reduces the time to issue a bank guarantee from up to one month to one day. Lygon completed a successful pilot last year that … WebTransformation isn’t always easy, and technology shouldn’t stand in the way. Drive operational agility and open new revenue streams through trusted data exchange and workflow automation beyond your organization boundaries. Learn how IBM® is leading the business world into a new era of collaboration and innovation. Explore blockchain use … flight to whittier from eugene
Blockchain and letters of guarantee - IBM
Web8 feb. 2024 · On Tuesday, Lygon announced minting the industry's first standardised digital bank guarantee. Claimed as the first time blockchain has been used for a commercial … Web1 sept. 2024 · Life is set to become a little more efficient for the thousands of retailers around Australia who use bank guarantees, after a consortium of major banks, a leading shopping centre owner and tech giant IBM pressed go on the commercial launch of blockchain-based platform Lygon. The platform – jointly created by Westpac, ANZ, … Web19 apr. 2024 · Today, Lygon, the blockchain-based bank guarantee platform backed by three of Australia’s biggest banks, ANZ, Westpac and Commonwealth Bank of Australia, said it raised a A$12.75m ($9.4m) oversubscribed funding round. Lygon was incorporated in late 2024, with the three banks as shareholders alongside the developer IBM and … cheshire craft brewing cheshire