R3 Blockchain Consortium Partners With Microsoft
The blockchain consortium led by R3CEV, a group of 42 global banks working on blockchain applications that includes JPMorgan Chase, Goldman Sachs and more, is now working with tech giant Microsoft. The full partnership, which was first tested back in January with a smaller group of R3’s members, gives the consortium access to more than just Microsoft's platform of Blockchain-as-a-Service tools. Charley Cooper, managing director of R3, told CoinDesk that the formal partnership came after a series of tests with other potential partners, including Amazon and IBM. A dedicated team of five....
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Considering how Microsoft has partnered with various local banks in the past, it seems logical they will become part of the consortium. Blockchain technology is destined to make a significant impact all over the world. Up until this point, very few projects were conducted in the Asian part of the world. But fintech is slowly transforming the financial services industry, and Asian countries don’t want to be left out. Microsoft and Amis announced Asia’s first blockchain consortium this morning, which will put DLT on the map in that region. Ever since Microsoft ventured into the....
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The New York-based private banking blockchain consortium led by R3 has now added a new “strategic’ partner, in global software giant Microsoft. In a new announcement made today, Microsoft is now in a partnership with R3CEV, a consortium of the leading banking institutions of the world that is looking to develop real-world blockchain solutions for the current banking and financial services industry. Microsoft, through its cloud service platform Azure, will also serve as the cloud services provider for R3’s Lab and Research Center that is currently developing blockchain-solutions to serve....