Hana Financial is the Newest Addition to R3 Blockchain Consortium
The Korean financial institution, Hana Financial Group has joined the R3 consortium to include blockchain technology into its operations. Financial institutions across the world have started showing interest in the use of blockchain technology for banking and financial sector. One of the leading companies in the forefront of this new technology adoption is R3. The New York-based fintech startup working on blockchain based fintech solutions has created a group of over 40 international banking institutions to create a custom Ethereum-based cross border blockchain solutions for them. This....
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Hana Financial Group, a large bank holding company that specializes in a multitude of financial services including banking has now joined the financial blockchain consortium led by R3. Global private blockchain consortium R3 sees its first Korean financial institution join its ranks with the inclusion of South Korea’s Hana Financial Group. In a report by Korea Herald, the financial group revealed its intention to apply blockchain technology into its roster of services including global transactions and security protection. The reason for its foray into distributed ledger technology....
Thomson Reuters, the parent company of prominent international news agency Reuters is the newest member joining the R3 blockchain consortium. The private blockchain consortium led by New York-based R3 will now include mass media company Thomson Reuters. The data and technology provider will contribute insights from its engagement with customers in the financial sector to further bolster and drive innovation and adoption of blockchain technology in the sector. The addition of Thomson Reuters is notable to a consortium that was – until recently – predominantly seen as a private banking....
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 global consortium of major banks and financial institutions looking to tap into block chain technology and headed by New York-based technology firm R3 has five more banks joining the ranks, bringing to a total that now figures 30 global banks. Blockchain startup R3's initiative to use blockchain technology in financial markets now has five more participants in a group that contains the world's biggest banks. BSNP Paribas, the Canadian Imperial Bank of Commerce, ING, MacQuaire and Wells Fargo are the newest members in the consortium that now stands at 30 global financial institutions in....