More than 17 thousands participants allow Polybius gradually moving towards its goal to become a legal and trusted provider of personal data with focus on governmental acceptance.
The companies aim to arrange a complicated multinational insurance coverage through blockchain to ensure transaction security.
All the funds raised will be directed to the creation of Polybius Bank, the first digital bank that will combine features of modern banking, IoT, Big Data and Blockchain-based technologies.
The Polybius project aims to use blockchain-based, decentralized technologies to revolutionize the efficiency of the payments’ market.
R3 CEV aims to raise $150 million with the third tranche of fundraising round scheduled for later this year.
The new payment platform, which is set to be launched across France later this week, will allow users to make purchases using their mobile phones.
JP Morgan has announced its exit from the bank blockchain consortium, thus becoming the latest banking giant to leave the initiative.
The Royal Mint Gold project will make gold more available for trade, thus changing the way asset is executed and settled.
The UK’s central bank has developed its own Proof of Concept ledger and will make the next version of its interbank payments system compatible with settlement in a distributed ledger.
The bank will buy the technology, developed by Merchant Customer Exchange (MCX), to drive the expansion of its smartphone payment application Chase Pay.
Hyperledger Project continues to attract new companies, with the overall number of members now accounting for more than 120 organizations.
Chronicled demonstrated a solution that creates a secure link between any physical asset and the blockchain.
J.P. Morgan, Chase, Intel, Microsoft, Banco Santander and other firms have established an alliance to develop solutions for financial companies using Ethereum blockchain.