r3
Thus R3 project has just grown up to 42 members – the world’s largest and most influential banks.
Blockchain consortium startup R3 is said to be considering an Initial Public Offerings (IPO). Sources familiar with the report reveals that R3 is in talks with an adviser over a potential public listing.
Three of Australia`s giant four banks have partnered with Scentre group and IBM to outstrip the paper-based guarantee technique, designing a blockchain network that will potentially intensify the agreements.
The Swiss security token firm BlockState plans to introduce six ERC-20 tokens from Ethereum blockchain onto the Swiss Stock Exchange supported by mirroring them on R3’s Corda platform.
The Enterprise Ethereum Alliance (EEA) announced the launch of a blockchain-neutral Token Taxonomy Initiative which includes, some prominent names as are Microsoft, IBM, and J.P. Morgan Chase.
Forbes, a global media company known for prominent financial and business news has released a list of 50 companies with a minimum of $1 billion valuations or revenues that are implementing blockchain technology.
German banks LBBW and Commerzbank announced the successful completion of their first pilots on the Marco Polo trade finance blockchain network built on R3’s Corda platform.
Alfa-Bank announced that it joined the Marco Polo Network to bring significant efficiencies in financing trade and working capital.
SWIFT’s GPI riposte initiative reported growth from 15% to 56% representing a 270% year-on-year change enabling the company to shun its competitors and move at least $40trn in 2018.
Ripple‘s XRP token currently bears further uplifting news as SBI, which is a Ripple enthusiast, has planned to have a few banks in Japan and utilize the token by the 2025 Osaka Expo.
MonetaGo’s Fraud Mitigation Network built on Corda to go live in early 2019 in Mexico.
