TCS Launches Blockchain-based Multi-brand Customer Loyalty Platform on R3’s Corda

Tata Consultancy Services (TCS) , a leading global IT services, consulting and business solutions organization, announced the launch of a next-generation blockchain-based multi-brand customer loyalty platform using R3’s Corda. The rise and popularity of customer loyalty programs have brought clear benefits to customers and brands, improving customer retention, driving higher cart values and helping brands…

Daimler Carries Out First Transaction on Marco Polo Blockchain Trade Network

Automaker Daimler has carried out its first transaction on the blockchain-based Marco Polo trade finance network. The pilot commercial trade transaction saw the firm – which owns Mercedes-Benz among other brands – process the data required to exchange payments with engineering firm and parts builder Dürr, according to a press release sent to CoinDesk on…

BNP Paribas Conducts Live Trade Transaction on Voltron Blockchain Platform

BNP Paribas has become the third bank to conduct a live trade transaction on the Voltron blockchain platform. The transaction involved the export of a bulk shipment of iron from Rio Tinto in Australia to Cargill in China, with BNP Paribas issuing a blockchain-based letter of credit to HSBC Singapore. It also saw the execution…

KPMG, Microsoft and R3 Develop Blockchain For Telecoms Settlement

KPMG, a multinational accounting firm, is partnering with software firms TOMIA, Microsoft, and R3 to develop a blockchain for telecom settlements. One of the “big four” accounting firms, KPMG has pursued industry-specific blockchain pilots in the past, always with an eye to settling cross-border, or network, complexities. The latest partnership, with two distributed ledger (DLT)…