The collaboration is intended to reduce costs and speed up settlement time for transferring funds between banks.
New companies will contribute to the development of a cross-industry open standard for distributed ledgers.
Internet of Things has become one of the major revolutionary technologies that tends to make a profit of $357 billion by 2019.
The father-and-son writing team shows that blockchain is of a greater importance than bitcoin itself.
The San Francisco-based blockchain startup announced yesterday that it released an open source tool for registering connected items, including wearables and smart home objects.
R3 CEV files a patent application for Corda, distributed ledger software underlying the Concord Project.
The banks are planning to develop a new digital cash to serve as a standard for financial trades settlement.
Bank of Japan conducted its first FinTech Forum focused on the impact of fintech on financial services.
Japanese financial services providers have formed a consortium targeted at creating new types of payment and settlement platforms using Ripple.
Financial Conduct Authority encourages companies to develop the blockchain technology and adapt it to financial services.
The Hype Cycle for Emerging Technologies report by Gartner has focused on three key technologies that will dominate in the coming years.
French airplanes manufacturer, Airbus, officially joined the Hyperledger Project, a blokchian intitative launched by the Linux Foundation almost a year ago.
On Friday, World Economic Forum released a new report on the blockchain technology and how it will change the future of the financial services infrastructure.
A group of banks, including HSBC and Bank of America, have created a new blockchain solution that will help to streamline the process of global trade.
The trials resulted in the development of two promising prototypes aimed to prove that shared ledger technology is a digital alternative for trade financing.