Euroclear and Paxos Break Up over Blockchain Project

Euroclear abandons Bankchain platform but startup says launch will go ahead in 2018

golden-egg-surrounded-by-white-eggs
The blockchain platform was aimed at the settlement of precious metals.

Euroclear had announced that it was partnering with blockchain startup Paxos during the 2016 Sibos conference in Geneva, where it said that it would be developing a system designed specifically for post-trade processes in precious metals trading.

The platform was designed to reduce the cost of settlement for gold bullion and minimize associated risks. A few days later, on October 11, consultancy Ernst & Young joined the project, and on December 19, a beta version was announced as ready. Over

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: