Tag: R3 consortium

Corda Network announces Board of Directors
December 14, 2016 BY Valentina Kirilova

Credicorp joins R3 distributed ledger consortium

Financial innovation firm R3 has announced Credicorp (NYSE: BAP) as the first Spanish-speaking Latin American financial institution to join its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Credicorp provides corporate and personal banking, brokerage services, and other financial services across its six principal subsidiaries in Peru, as well as…

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November 23, 2016 BY Valentina Kirilova

Minsheng Bank joins R3 distributed ledger consortium

Just two days after global investment banking giant Goldman Sachs Group Inc (NYSE: GS) left the R3 distributed ledger technology consortium, R3 has announced the addition of China Minsheng Bank to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Beijing, Minsheng Bank is China's first major…

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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…

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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…

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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…

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April 19, 2016 BY Maria Nikolova

Barclays' team demonstrates application using R3’s Corda distributed ledger platform

Yesterday saw 11 teams showcase their innovative tech proposals at a Demo Day concluding the third London cohort of the Barclays Accelerator, the program which seeks to bolster fintech start-ups. This time, the Barclays Accelerator also included an internal Barclays PLC (LON:BARC) team, Smart Contract Templates. The Barclays internal team produced a blockchain-inspired prototype that…

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April 05, 2016 BY Maria Nikolova

R3 Consortium, Microsoft unveil strategic partnership

R3 Consortium and Microsoft Corporation (NASDAQ:MSFT) have unveiled a strategic partnership aimed at bolstering the use of distributed ledger technologies among R3 member banks and international financial markets. R3 also named Microsoft Azure the preferred cloud services provider for its R3 Lab and Research Center serving more than 40 member banks. Under the collaboration, Microsoft…

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March 14, 2016 BY Maria Nikolova

SBI Holdings joins blockchain consortium R3

Shortly after SBI Holdings Inc (TYO:8473) inked a multi-million dollar investment deal with Bitcoin exchange Kraken, the Japanese financial conglomerate announces another step into the world of blockchain. SBI Holdings today announces that it will join blockchain consortium R3, led by US fintech company R3 CEV LLC. The consortium is one of the world’s largest…

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