Tag Archives: bernd laber

Bank of Montreal, CaixaBank, Commerzbank, Erste Group, IBM and UBS Collaborate to Advance an Open, Blockchain-based Trade Finance Platform

New platform designed to support trade finance transactions

4 October, 2017 – 04 Oct 2017: Bank of Montreal (BMO), CaixaBank, Commerzbank and Erste Group have joined an initiative launched by UBS and IBM (NYSE: IBM) in 2016 to build a new global trade platform based on blockchain technology. This new platform, called Batavia, is built to be openly accessed by organisations of all sizes anywhere in the world, and can support trade finance for transactions across all modes of trade, whether goods are being transported by air, land or sea. (more…)

Read More

New View of Rainier’s Volcanic Plumbing

Electrical Images Show Upward Flow of Fluids to Magma Chamber

By measuring how fast Earth conducts electricity and seismic waves, a University of Utah researcher and colleagues made a detailed picture of Mount Rainier’s deep volcanic plumbing and partly molten rock that will erupt again someday.

“This is the most direct image yet capturing the melting process that feeds magma into a crustal reservoir that eventually is tapped for eruptions,” says geophysicist Phil Wannamaker, of the university’s Energy & Geoscience Institute and Department of Civil and Environmental Engineering. “But it does not provide any information on the timing of future eruptions from Mount Rainier or other Cascade Range volcanoes.” (more…)

Read More