Alfa-Bank connected to the CLSNet settlement system on the Hyperledger blockchain – Bits Media

Alfa-Bank became the first Russian bank, joining the CLSNET system, designed IBM using the Hyperledger Fabric corporate blockchain.

As reported "Vedomosti", Alfa-Bank will be a market maker on ruble tools in automated CHSNET Blockchain Blockchain Basin. The system also joined
First Abu Dhabi Bank – The largest bank in the United Arab Emirates.

Clsnet supports 120 eral Cain If Being exchange. Previously Actinver joined the system, Bank of America, Bank of China, BNP Paribas, Citibank, Goldman Sachs, Intesa Sanpaolo, J.P. Morgan и Morgan Stanley и Deutsche Bank. The calculated giant CLS and IBM launched
CLSNET system in July 2018 of the year.

“It is a great honor for us to represent Russia in this high -tech international project. The unique position of the marquermaker on ruble tools in the CLSNET system will allow Alpha Bank to expand the client base even more and build a business on the international market ”, -noted in the press release the deputy chairman of the board, Director of the corporate and investment business of Alfa Bank Andrey Chulak.

CLSNet – The system of bilateral net payroll, in which CLS does not participate in the process. The system allows you to increase the effectiveness of operating processes, eg, Optimize intraday liquidity, ensure awareness of foreign exchange operations and risks of counterparties in real time, and also reduce risks.

In December, Alfa-Bank launched
Solution for working with self -employed on the Waves Enterprise blockchain, And last fall, the bank joined
to the platform of trade financing on the Contour blockchain.