Banks

The latest news about banks and blockchain technology.

Blockchain Consortium R3 CEV to Receive $59 Million From Major Banks
November 26th, 2016

A blockchain startup R3 CEV is going to raise $150 million in its first funding round and some of its original members have already expressed their intention to invest.

Morgan Stanley Might Leave Blockchain Consortium R3 CEV
November 24th, 2016

Morgan Stanley can follow Goldman and Santander that have recently unveiled their plans to leave R3 consortium.

Goldman Sachs and Santander Leave R3 Blockchain Consortium
November 22nd, 2016

R3 CEV is starting fundraising with most of consortium participants expressing their interest in investing.

Monetary Authority of Singapore Partners R3 to Launch Blockchain Project for Interbank Payments
November 16th, 2016

The pilot project aimed at adopting blockchain for interbank payments will also involve the country’s stock exchange and eight local and foreign banks.

R3 and 10 Banks Have Successfully Tested New Blockchain Identity Registry
November 11th, 2016

Ten of the globe’s leading banks have worked with R3 to create a new service for Know Your Customer (KYC) procedure using the distributed ledger technology.

‘$1.4 Billion Invested in Blockchain Companies in Last 9 Months,’ Says PwC Expert
November 10th, 2016

According to Seamus Cushley, financial organizations all over the world see a great potential in the blockchain technology trying to adopt it to various services.

​Commonwealth Bank and Wells Fargo Сlaim the World’s First International Trade Using Blockchain Tech
October 24th, 2016

The first blockchain-based transaction to ship cotton to China from the United States has taken place between banks.

R3’s Banking Blockchain Platform Corda to Be Open-Source
October 21st, 2016

R3 CEV has created its blockchain-based platform Corda specially for financial sphere.

Billionaire Finance Manager Bill Gross Says Bitcoin, Blockchain May Counter Central Banks
October 5th, 2016

According to Gross, bitcoin is more attractive for investors comparing to the traditional financial sphere.

J.P. Morgan Created Transactions Platform based on Ethereum Blockchain
October 4th, 2016

The platform called Quorum will allow using a publicly available system for confidential transactions.

Blockchain Will Be Used by 15% of Big Banks by 2017, Says IBM Report
September 29th, 2016

The US-based multinational technology company has studieв and announced the benefits and prospects of blockchain use in banking and financial markets shperes.

Microsoft Teams Up with Bank of America Merrill Lynch on Blockchain Trade Finance
September 27th, 2016

Computing giant will be working with Bank of America Merrill Lynch on creating blockchain technologies to improve financial exchanges between enterprises.

R3 CEV and 8 Banks Trial Intel’s Distributed Ledger Technology ‘Sawtooth Lake’ for Bond Trading
September 27th, 2016

A group of eight banks, including UniCredit, HSBC, and UBS, have finally tested a distributed ledger prototype for bonds exchange using Intel’s blockchain platform.