Bank Guarantee news and trends

IBM Testing Lygon Blockchain Platform To Streamline Property Leasing
Blockchain // July 04, 2019

ANZ, Commonwealth Bank, IBM, Scentre Group and Westpac have announced they are partnering to launch a live pilot for Lygon, a new digital platform using blockchain technology to digitize the bank guarantee process needed for retail property leases. While bank guarantees have primarily been issued...

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IBM Testing Lygon Blockchain Platform To Streamline Property Leasing

July 04, 2019
ANZ, Commonwealth Bank, IBM, Scentre Group and Westpac have announced they are partnering to launch a live pilot for Lygon, a new digital platform using blockchain technology to digitize the bank guarantee process needed for retail property leases. While bank guarantees have primarily been issued manually and on paper, digitizing the process reduces the risk […]