Swiss Blockchain Consortium Develops Ethereum Trading Tool
Businesses in Switzerland working on an ethereum-based over-the-counter (OTC) trading platform say they have completed work on a new privacy solution. Launched in September, the consortium includes a number of Swiss companies amongst its ranks, including telecom operator Swisscom, exchange operator SIX and Zürcher Kantonalbank, the country’s fourth-largest bank. The group is receiving support from Switzerland’s Commission for Technology and Innovation (CTI), a research organization supported by the federal government. Now, the companies have jointly developed what they call an....
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Goldman Sachs is moving out of the R3 blockchain consortium as it failed to renew its membership in the fintech group. The R3 blockchain consortium is losing one of its key founding members. As reported, banking giant Goldman Sachs is walking away from the collaboration after failing to renew its membership last month. The investment bank was one of the nine original founding members of the consortium; its separation from an otherwise active development project signals its changing perspectives towards the project’s future. It is, however, not clear whether other banks have the similar....