Chain Unveils Blockchain Platform Built By and for Financial Industry

Chain Unveils Blockchain Platform Built By and for Financial Industry

Blockchain startup Chain is today releasing a new open-source, permissioned protocol built in collaboration with 10 financial and telecom firms. Partners on the project include an impressive list of major financial firms, such as Capital One, Citi, Fidelity, First Data, Fiserv, Mitsubishi UFJ, Nasdaq, Orange, State Street and Visa, all of which contributed to the technology, called the Chain Open Standard, or Chain OS 1. In interview, Chain CEO Adam Ludwin asserts the platform is tailor-made for high-scale financial applications, including securities clearing and payment processing. Long....


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