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