For many crypto investors and rookie traders, 2019 was a year of much despair and uncertainty. The year started with a sharp drop in Bitcoin’s price, followed by a lengthy period of stagnation. The ICO fever, the once sacred cow of crypto, has all but died down. Several new blockchain projects popped up but ultimately […]
One of the largest South American stock exchange operators BM&F Bovespa recently joined R3 distributed ledger consortium. In the announcement, they claim to be the first exchange to join R3. The decision becomes a part of company’s policy on innovations.
Bank consortium R3CEV has announced it successfully completed testing blockchain technology for usage in settlements between international financial organizations. Fifteen members of the consortium took part in the test: Barclays, BBVA, BNP Paribas, Commonwealth Bank of Australia, Danske Bank, ING Bank, Intesa Sanpaolo, Natixis, Nordea, Scotiabank, UBS, UniCredit, US Bank and Wells Fargo. The experiments […]
If a child from a crypto-maximalist family behaves like a moron, parents probably tell him or her that there’s a centralization hiding under the bed. If they have a farm, there’s a dummy centralization scaring crows away. Maybe they even call people they don’t like that name. All in all, that’s the thing bitcoiners wish […]
R3 has finally shared the details of their work on their financial solution for banks, Corda, based on distributed ledger. The blockchain startup R3, founded in late 2015, leads a consortium of 42 major banks and financial institutions with the single aim – to provide banks the opportunities of the disruptive technology in a way […]
Last year, blockchain has effectively become a buzzword for banking organizations. The initiative of R3CEV, an umbrella for several major financial players, is the talk of the town. However, in the light of recent leakage of so-called Panama papers, all those initiatives, from Ripple experiments to R3CEV, should probably be considered from a different point […]
New York-based blockchain startup R3CEV leading a consortium of 42 major banks and financial institutions announced it had finalized technology testing with eleven members of the group.