R3 Blockchain Consortium Adds 3 More Banks
Three more banks have announced joining the Distributed Ledger Group (DLG) and R3 Blockchain consortium that include Mizuho Bank, UniCredit and Nordea. What started out as 9 banks has already grown to a total of 25 major financial companies collaborating within the scope of the R3 Consortium. The roster now consists of Barclays, Bank of America, BBVA, BNY Mellon, Commonwealth Bank of Australia, Citi, Commerzbank, Credit Suisse, Deutsche Bank, J.P. Morgan, Goldman Sachs, HSBC, Mitsubishi UFJ Financial Group, Morgan Stanley, Mizuho Financial Group, National Australia Bank, Nordea, State....
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Arguably, the most talked-about private blockchain consortium around has just had twelve additional banks signing up as members to the R3-led group of global banks looking to tap into and experiment with blockchain technology for securities settlements and payments. New York-based Fintech startup R3 has added 12 more banks as members to its blockchain consortium. The startup also revealed that it is welcoming financial firms that aren't banks such as exchanges, clearing houses, standards bodies and infrastructure companies from Q1 2016. The latest additions to the consortium include: BMO....
The R3 blockchain consortium continues to attract attention in the financial world, as they have welcomed their first Chinese member in the form of Ping An Group. This partnership has nothing to do with the consortium seeking US$200m in additional funding, though. In a rather surprising turn of events, the R3 blockchain consortium added its first Chinese....
The goal of the R3 Consortium to form a global partnership to design and apply blockchain’s distributed and shared ledger-inspired technologies to financial markets got a boost as it adds its first African institution to its membership. South Africa’s Absa Bank Ltd, a member of the Barclays Africa Group Limited, is the first African banking group to join the global R3 blockchain consortium which has already partnered with some of the world's leading banks to design and deliver advanced distributed ledger technologies to global financial markets. Absa will collaborate with other SA banks.....
This article has been updated with additional information. Twelve additional banks have joined the blockchain consortium led by startup R3CEV. New entrants to the group include Banco Santander, Danske Bank, Intesa Sanpaolo, Natixis, Nomura, Northern Trust, OP Financial Group, Scotiabank, Sumitomo Mitsui Banking Corporation, US Bancorp, Westpac Banking Corporation and BMO Financial Group. The consortium, announced in September, is focused on proof-of-concept experimentation and the development of standards for blockchain tech. Its creation followed a series of workshops and meetings....
Russian banks and financial services firms have come together to form the country’s first financial blockchain consortium, a coalition that will seek to explore and implement blockchain solutions in the banking and financial services industries. Announced at the beginning of the month, Russia’s first ever blockchain consortium will see various prominent banks and notable financial and professional services firm Accenture, come together to form a private-sector coalition. Initial whispers of the establishment of a blockchain consortium in Russia arose in early June 2016, with Russian....