Tags R3

Tag: R3

JP Morgan Chase leave R3 consortium

JP Morgan Chase just became the latest bank to leave the R3 Consortium behind, due to "technological differences". Read more: bankinnovation.net

Fidelity is first asset manager to join blockchain group IC3

Fidelity Investments Inc has become the first financial institution to join the Initiative for CryptoCurrencies & Contracts. Read more: www.reuters.com

97% of Blockchain startups are ‘Chainwashing’ – R3 CEO

Chainwashing is the perfect term, coined by R3’s Tim Swanson to describe the current “Blockchain, not Bitcoin” hype. Read more: bitcoinist.com

Hong Kong financial markets authority joins R3

The Securities and Futures Commission in Hong Kong is joining the R3-led financial blockchain consortium. Read more: www.cryptocoinsnews.com

Credit Suisse taps R3 for blockchain-based hackathon

Credit Suisse has carried out a global hackathon to find ways in which the R3 Corda distributed ledger platform can be used to make big cost savings. Read more: www.finextra.com

Banks gravitate to blockchain to cut $3.6tn compliance costs

Distributed ledger technology is now something that banks are taking very seriously, however, with blockchain-based systems potentially enabling them to save billions. Read more: www.fintechroundup.com

Tech firm inks deal to build on R3’s Corda

The firms suggested that the trade confirmation app would be the first of a number of products developed by Calypso for the Corda platform. Read more: www.coindesk.com

ABN Amro joins R3 blockchain consortium

The Dutch bank is an investor in blockchain startup Digital Asset Holdings and is working with local academics on applications of the technology. Read more: www.coindesk.com

Trouble in the R3 paradise?

More than 60 of financial institutions around the world are involved in the R3 consortium, with considerable financial and resource commitments. Read more: www.bankingtech.com