Ant Unveils Blockchain Product as Group Approved for World’s Biggest IPO

Ant Unveils Blockchain Product as Group Approved for World’s Biggest IPO

As Jack Ma's Ant Group gets Hong Kong approval for its $30 billion IPO, it's rolled out a blockchain platform aimed to protect users' copyright.


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Report: R3’s Banking Blockchain Software is Going Open Source

R3’s blockchain software Corda, the product of the New York-based startup’s Concord project that aims to develop banking solutions overseen by 70 of the world’s biggest banks participating in the R3-led consortium, will go open source, via the Linux Foundation-led Hyperledger Project. R3 is spearheading what is arguably the biggest private blockchain effort, with several of world’s biggest banks, technological companies and other financial services companies taking part in its consortium. The startup’s Corda initiative – the blockchain solution software which is seen as its product to....

First Ever Blockchain Hackathon to be Held in Dublin

Blockchain or bitcoin's distributed public ledger has been touted as one of the next biggest potential disruptions in technology, so much so that developers are organizing the first ever blockchain hackathon to be held in Dublin, Ireland. The event aims to gather developers and tech enthusiasts to build something new or game-changing. Participants will have 50 hours to build a blockchain product from scratch, competing with 150 other people for the first prize of €5,000, the second prize of €2,000, and the third prize of €1,000. The product pitch should take no more than 30 seconds and....

IBM Wants to “Evolve the Internet” With Blockchain Technology

The Aite Group projects the blockchain market could be valued at $400 million by 2019. For that reason, some of the biggest names in banking, industry and technology have entered into the space to evaluate how this technology could change the financial world. IBM and Linux, for instance, have brought together some of the brightest minds in the industry and technology to work on blockchain technology through the Hyperledger Project. The Hyperledger Project is under the umbrella of the Linux Foundation, and seeks to incorporate findings by blockchain projects such as Blockstream, Ripple,....

Report: Blockchain Firm R3 Seeks $200 Million from Big Bank Backers

The private consortium led by R3, partnered by 42 of the world’s biggest banks is reportedly looking to raise up to $200 million from members in return for equity on a new product that will run blockchain-enabled solutions for the financial industry. In a report by Financial News, New York-based private blockchain consortium R3 is supposedly seeking investment up to $200 million from its members. A source familiar with the plan tells the publication that discussions between R3 and its members, who are also its backers, are at an early stage. The capital will be sought in exchange for....

Microsoft Announces Availability of R3’s Corda Blockchain Platform on Azure

R3’s blockchain software Corda, developed by the Fintech startup alongside 70 of the world’s biggest banks forming the R3 consortium, is now available on Microsoft’s cloud computing platform, Azure. Announced quietly last week, the revelation comes soon after Corda’s code was contributed to the Linux Foundation-led Hyperledger Project on November 30. R3 first announced its decision to go open-source with Corda, the product of its Concord blockchain product, in October this year. Elaborating on R3’s year-long development, Richard Brown, technology chief at R3 claims: Corda is a distributed....