Fintech

UBS donates blockchain code to HIV research project

Swiss bank's technology will be used by a new platform being launched to issue $10 billion worth of social impact bonds

UBS donates blockchain code to HIV research project
Photo: iStockPhoto

UBS has donated the code for its experimental trading platform powered by blockchain technology to an organisation that wants to issue bonds to raise money for HIV research.

Finclusion, a London-based fintech firm, has developed a blockchain platform for HEAL Alliance, a non-profit organisation looking into a cure for HIV that wants to issue social impact bonds.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line