Infosys’ EdgeVerve Launches Blockchain Framework for Financial Services
EdgeVerve Systems’ newly-introduced Blockchain Framework furthers the adoption of blockchain technology by the global financial services sector. A subsidiary of Infosys, which offers the Infosys Finacle universal banking solution suite, EdgeVerve introduced the product at the Infosys Confluence global client summit in San Francisco, Calif. EdgeVerve developed the framework to deliver value-generating solutions based on the blockchain. The framework is a permissioned ledger that lets banks rapidly deploy blockchain-based services. The solution can scale to the levels needed to support....
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Infosys has unveiled its EdgeVerve Blockchain Framework, designed to further the adoption of blockchain technology by the financial services sector. Would this translate into speedy deployment of blockchain technology? At the Infosys Confluence Global Client Summit in San Francisco on April 27, Infosys unveiled the EdgeVerve Blockchain Framework. The framework is designed to further the adoption of blockchain technology by the global financial services sector. The framework is a permissioned ledger which has been designed specifically for the banking sector. According to the Company,....
Infosys will become the latest IT services giant to announce the introduction of a blockchain offering through its EdgeVerve Systems subsidiary today at its Infosys Confluence conference in San Francisco. Called the EdgeVerve Blockchain Framework, the product is aimed at furthering the adoption of blockchain tech in the financial services sector. Built on a permissioned distributed ledger, Infosys said the product will allow banks to "rapidly deploy" blockchain services, among other benefits. In promotional materials, EdgeVerve described the distributed ledger platform as....
New York-based blockchain advocacy group the Wall Street Blockchain Alliance (WSBA) recently announced the unveiling of the WSBA Certification Framework (WCF) in partnership with Positrust LLC, a blockchain technology company. Speaking to Bitcoin Magazine, WSBA Chairman Ron Quaranta said that the WCF will serve as a platform to educate and increase the availability of distributed ledger technology (DLT) or blockchain expertise and talent in financial markets. “The WCF will serve as an educational platform to expand blockchain knowledge within financial markets, across all segments of....
The idea of combining blockchain services and a cloud operating environment has always been desired, but was held back due to security concerns in the past. By launching blockchain services that meet the latest security standards on the cloud, IBM has just mitigated those concerns. On April 29, IBM announced that it had launched a new framework for securely operating blockchain networks on the IBM cloud, that are designed to meet existing regulatory and security requirements. IBM has utilized the services of its expert teams of security analysts, cryptographers and hardware specialists to....
Nasdaq has opened up its blockchain services to more than 100 of its market operator clients around the world as part of its newly unveiled Nasdaq Financial Framework. Announced today, the framework is designed to provide end-to-end solutions to Nasdaq's financial infrastructure clients around the world including traditional exchanges. The new financial infrastructure hub could pave the way for those exchanges and others to start using blockchain technology in a wide range of unnamed services. Nasdaq’s executive vice president and head of market technology, Lars Ottersgård, said in a....