Microsoft Inks Partnership With R3 Consortium to Bring Blockchain Tech to Financial Markets

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....

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....

Technology giant Microsoft has announced the formation of what it calls Asia’s “first and most advanced consortium blockchain network”, to use its Azure cloud platform, in Taiwan. With a focus on the Fintech sector wherein blockchain technology is primed to bring disruption to the banking industry, Microsoft has partnered with industry firm AMIS and the Technology Research Institute of Taiwan (ITRI) to form the new consortium. Additionally, Microsoft has also collaborated with a number of regional banks to push blockchain technology in the Taiwanese financial market. Partner banks include....

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....

Microsoft has joined the Chamber of Digital Commerce. What difference would this bring to blockchain adoption? Recently Microsoft has announced that it has joined the Chamber of Digital Commerce, a trade association focused on promoting distributed ledger technology. What difference would this bring to blockchain adoption? The Chamber of Digital Commerce (CDC) is the world's largest trade association representing the digital asset and blockchain industry. CDC's mission is to promote the acceptance of blockchain technology through education, advocacy and working closely with regulators and....