Blockstream, Gem, itBit, Reuters and Other 6 Companies to Join Hyperledger Blockchain Project
Ten new companies will apply collaborative efforts to develop a cross-industry open standard for distributed ledgers.
Blockchain is a public ledger of all Bitcoin transactions that have ever been executed. It’s constantly growing as ‘completed’ blocks are added to it with a new set of recordings. The blocks are added to the blockchain in a linear, chronological order.
Ten new companies will apply collaborative efforts to develop a cross-industry open standard for distributed ledgers.
Companies have signed a deal to trial the blockchain technology on repo market.
Members of the bitcoin community, including investors and executives, are having a huge impact on the future of the industry, promoting awareness and mainstream adoption.
Masters’s Digital Asset Holding is working together with Australian exchange ASX to develop a new securities settlement platform on the basis of the blockchain.
RSK Labs plans to launch smart contracts platform as a sidechain on the bitcoin blockchain, following $1 million investment round.
According to Elliptic, it will use the investment for combating illegal bitcoin deals.
Both companies strive to benefit in the fintech industry with own initiatives.
If Overstock.com fulfils the public offering it plans, its shareholders will get an opportunity to buy blockchain or traditional stock.
The new wave of partnerships includes financial services platform and decentralized prediction market platform in particular.
The R3 innovation group has announced a partnership with Japan’s largest financial group to explore the blockchain technology.
Homestead follows the first version Frontier praised by world’s leading financial institutions and banks.
Yesterday’s information about Microsoft no longer accepting payments in bitcoin has been removed for the website and called incorrect.
RSCoin, developed in cooperation with two researchers from the University College of London, allows central banks maintaining complete control over monetary supply while providing strong transparency and auditability guarantees.
Developers will now be able to trade digital items for bitcoin through the globe’s first micropayments marketplace.
Greg Medcraft, a known supporter of the distributed ledger technology, urged global regulators to consider the challages of the blockchain to reach its widespread adoption.