22 Top Banks and R3 Develop Blockchain-based Payments System
According to the consortium, a new blockchain-based solution will enable fast and efficient international transactions among financial organizations.
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.
According to the consortium, a new blockchain-based solution will enable fast and efficient international transactions among financial organizations.
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.
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.
According to reports, Russia’s Sberbank plans to join the R3-led international blockchain consortium.