Tag: R3

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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Corda Network announces Board of Directors
November 30, 2016 BY Valentina Kirilova

R3 offers global developer community opensource access to Corda distributed ledger platform

Financial innovation company R3 has made its Corda distributed ledger platform open source, granting the global developer community universal access to its source code to encourage collaboration, review and contribution to the platform. Corda was built in close collaboration with over 70 banks and financial institutions and is already by far the biggest collaborative effort…

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November 29, 2016 BY Valentina Kirilova

Calypso partners with R3 to build distributed ledger applications for financial services

Calypso Technology has become the first firm to partner with R3 to develop capital markets applications on its Corda distributed ledger-based smart contract platform. The two firms are currently developing a multi-party trade confirmation solution and testing it with multiple financial institutions. R3’s Corda – which will be open-sourced globally on November 30 – is…

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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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November 21, 2016 BY admin

Founding member Goldman Sachs leaves blockchain consortium R3

Just announced today, global investment banking giant Goldman Sachs Group Inc (NYSE: GS) has left the R3 distributed ledger technology consortium it helped to found two years ago, reported by the Wall Street Journal (WSJ). The multinational finance company was one of nine original members of R3. The consortium however continues to build momentum since its…

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November 21, 2016 BY Valentina Kirilova

SGX in blockchain group advancing Singapore’s vision of Smart Financial Centre

Singapore Exchange (SGX) has announced that has become part of an industry-wide collaboration that will harness blockchain technology to advance Singapore’s vision of a Smart Financial Centre. At last week’s Singapore FinTech Festival, the Monetary Authority of Singapore (MAS) has announced a partnership with the financial innovation group R3, and a consortium of financial institutions to…

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November 10, 2016 BY admin

R3 works with member banks on shared KYC service based on distributed ledger technology

Financial innovation company R3 and ten of its consortium member banks have successfully developed a proof-of-concept for a Know Your Customer (KYC) registry that addresses the challenges associated with satisfying regulatory requirements and allows identities to be managed by their owners. BBVA, CIBC, ING, Intesa Sanpaolo, Natixis, Nordea, Northern Trust, Société Générale, UBS and US…

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November 09, 2016 BY Valentina Kirilova

R3 partners with Monetary Authority of Singapore to launch Asia blockchain Centre of Excellence

Financial innovation firm R3 has collaborated with the Monetary Authority of Singapore (MAS) to launch its first distributed ledger technology (DLT) Center of Excellence in Asia as it continues to expand its presence in the region. As Singapore’s central bank and financial regulatory authority, the MAS will support the development of the R3 Asia Lab…

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Corda Network announces Board of Directors
November 03, 2016 BY Valentina Kirilova

China Foreign Exchange Trade System (CFETS) joins R3 distributed ledger consortium

Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Shanghai, CFETS provides a series of services covering issuance, trading, information and post-trade for cash and…

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October 24, 2016 BY Valentina Kirilova

Synchrony Financial joins R3 distributed ledger consortium

Financial innovation firm R3 has announced the addition of Synchrony Financial (NYSE: SYF) to its partnership dedicated to designing and applying distributed and shared ledger-inspired technologies to global financial markets. Synchrony Financial – the first credit card company to join the consortium – will be collaborating with numerous financial institutions to develop ground-breaking commercial applications for…

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