The new network will handle tokens in a co-ordinated single operation to achieve real-time settlement between any regulated institution’s customers.
SETL has unveiled testing environment for firms to engage with blockchain technology in a sandbox environment.
Management of newly-formed SETL business have acquired the operating assets, staff and intellectual property rights of previous incarnation.
Administrators from Quantuma to oversee restructuring of SETL, separating investments from software development business.
UK-based SETL has appointed Christian Noyer, formerly governor of the Banque de France, to the firm’s board of directors.
Co-founder and CEO Peter Randall will step down from his role and become president of the firm, helping Philippe Morel lead the company.
Peter Randall, CEO of blockchain platform, SETL, discusses FinTech developments and some predictions for 2017.
Major blockchain companies will be able to use sandbox to test products and services.