Toyota Financial Services joins R3 distributed ledger consortium LeapRate

June 23, 2016 BY LeapRate Staff

Toyota Financial Services joins R3 distributed ledger consortium

Toyota Financial Services, the U.S. finance and insurance arm of global auto giant Toyota Motor Corp (ADR) (NYSE:TM), has announced that it has joined financial innovation firm R3’s consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Toyota Financial Services, which is the first automotive financial services provider to join…

June 21, 2016 BY Mike Fox

Euroclear and itBit collaborate on blockchain solution for gold market settlement

Euroclear and itBit, a financial services company delivering blockchain services for capital markets, today announced their collaboration to explore opportunities in creating a next generation settlement service for the London gold market. The settlement of unallocated gold is a very capital-intensive process. Euroclear and itBit are working with relevant market participants to develop a service…

June 02, 2016 BY LeapRate Staff

R3 distributed ledger consortium continues Asia expansion as AIA Group joins

AIA Group Ltd (HKG:1299), the largest independent publicly listed pan-Asian life insurance group with assets of $168 billion, has joined R3, the financial innovation firm partnership. R3 is designing and applying distributed and shared ledger-inspired technologies to global financial markets. We had reported last week that Ping An became the first Chinese institution to join R3. AIA…

June 02, 2016 BY Mike Fox

Santander launches international payments app using blockchain

British bank Santander UK plc, wholly owned by the Spanish Santander Group (BME: SAN) announced they are the first UK bank to introduce blockchain technology which facilitates international payments, through a new app. It is currently being rolled out as a staff pilot, with the intention to expand the technology at a later date. Once the…

May 24, 2016 BY LeapRate Staff

Ping An becomes first Chinese institution to join R3 distributed ledger consortium

Ping An Financial Services Group has joined financial innovation firm R3’s partnership to design and apply distributed and shared ledger-inspired technologies to global financial markets. The R3 team is made up of financial industry veterans, technologists, and new tech entrepreneurs, bringing together expertise from electronic financial markets, cryptography and digital currencies. R3 operates in New…

April 25, 2016 BY LeapRate Staff

Itaú becomes first Latin America bank to join distributed ledger technology consortium R3

Itaú Unibanco, the largest private sector bank in Latin America, has signed a partnership agreement with R3, an international innovation firm, for developing solutions from Blockchain-based distributed ledger technologies. Blockchain, the solution behind Bitcoin and other cryptocurrencies, is a successful example of the practical application of distributed ledger technologies. In addition to cryptocurrencies, this technology…

April 01, 2016 BY LeapRate Staff

Blockchain Technology in Europe: Theory and Practice

On May 19, Prague will host Blockchain & Bitcoin Conference Prague. The event will bring together Blockchain developers and those who apply the technology in practice: financiers, bankers and businessmen. The event will consist of a conference, divided into two streams, and an exhibition of IT developments in the field of Blockchain. The participants will…

March 30, 2016 BY Maria Nikolova

Hyperledger Project welcomes new members, unveils key appointments

The Linux Foundation, a nonprofit organization enabling mass innovation through open source, on Tuesday announced that the Hyperledger Project has filled a set of key leadership positions and is welcoming new members. The Hyperledger Project is a collective effort to create and sustain an open, distributed ledger platform that will satisfy a variety of use…

March 03, 2016 BY Mike Fox

R3 trials blockchain fixed income trading with 40 banks

The trial marked an unprecedented scale of institutional collaboration between the financial and technology communities exploring how distributed ledgers can be applied to global financial markets. Just released is a major blockchain announcement from financial technology innovation company R3 CEV. In short, they connected 40 banks to five different blockchains and allowed them to facilitate…

March 03, 2016 BY LeapRate Staff

Bitcoin mining fund, Logos, launched by Genesis Mining

Bitcoin cloud mining provider Genesis Mining has announced the launch of what it calls the world’s first Bitcoin mining fund. The fund, which officially filed Form D with the SEC last week will be called Logos Fund and will cater exclusively to high net worth individuals, investment funds, and accredited investors looking to take part…

Tag: blockchain