R3 CEV, a consortium of 10+ big banks announce they used ethereum to test using blockchain technology for their interbank settlements of off-chain registered assets.
ConsenSys launches 'Internet-of-People'. ConsenSys, BlockApps, and Canonical form team to deliver Nimbus uPort Biometric Digital Identity Ethereum tools on Ubuntu phones so users can access Ethereum safely. The project will be fully unveiled on Mobile World Congress later in February.
European energy giant RWE partners with (ex ETHDEV) Stephan and Christoph'sSlock.it to tackle autonomous electric charging stations with smart contracts. News giving a whole new meaning to pump and dump.
Commonwealth Bank of Australia tests blockchain trading with 10 global banks
This is an automatic summary, original reduced by 80%.
Commonwealth Bank of Australia and 10 of the world's largest banks have used a blockchain to simulate trading with each other, says R3 CEV, which is managing a project to prove uses for distributed ledgers across financial markets. The R3 blockchain is underpinned by Ethereum technology and is hosted on a virtual private network in Microsoft Azure's Blockchain as a Service. Macquarie Bank, National Australia Bank and Westpac Banking Corp are also part of the R3 consortium, which has 43 global banks. As well as participating in this latest trial, it has built a blockchain in its innovation lab in Sydney and sponsored the blockchain workshops arranged by Coala in Sydney in December. IOSCO has established a blockchain taskforce and its board meeting in February will spend a day on the implications of blockchain on markets, clearing and settlements. Regulators are examining blockchains to understand whether they will increase systemic risk, because they are threatening to replace systems whose centralised nature allows them to act as shock absorbers in a time of crisis, something that blockchains, as decentralised ledgers, cannot.
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R3 will focus strictly on financial related uses of blockchain for the next 5-7 years, and will not engage in IoT or other benefits that Ethereum can and will be used for. Within 7 years, End users will use both Ethereum as a currency and for IoT and peer to peer contracts as well as fiat currencies transparently via R3's G20+ banks. That is what has led R3 to develop Corda rather than using Ethereum or something similar. However, as pointed out by some folks, even R3’s people are confused, as their marketing twitter description dates back two years to when they started (pre-Corda) and talks about blockchain rather than, as they have updated it to in the past few days ... R3 CEV Completes Blockchain Test with 11 Banks Using Ethereum and Microsoft Azure Jan 21 2016 · 01:10 UTC Updated Oct 18 2018 · 14:09 by Tatsiana Yablonskaya · 3 min read Photo: Paul/ Flickr R3는 R3CEV 라는 세계 최대규모의 금융프로젝트를 유수의 금융기관들과 협력하여 진행하고 있다. 현재(20160504)까지 참여하고 있는 은행들은 Barclays, Goldman Sachs, JP Morgan, Bank of America, Citi, Deutsche Bank, Morgan Stanley 등을 포함한 43개 은행이며, 세계에서 가장 권위있는 은행들이 대부분 참여하고 있다. Yes you can. While John is correct about the private nature of this investment with R3 consortium, in fact you can invest at two entry points. 1. Buying shares in the banks themselves. 2. Buying into the TECHNOLOGY providers that are working with ...
R3 Capital Management , BlackRock , R3 , Ripple And XRP Digital Asset Investor. ... Ripple Chairman XRP And How Bitcoin / Ethereum Regulatory Free Pass Helping China - Duration: 15:36. James Carlyle, Chief Engineer at R3CEV, a consortium of the world’s largest banks that is promoting the technology and adoption of distributed ledger technol... This video is unavailable. Watch Queue Queue. Watch Queue Queue Queue Ripple Tests In South Korea, Paying Taxes In Bitcoin And Finland Calls Bitcoin "Revolutionary" - 073 - Duration: 6:21. The Modern Investor 9,529 views Find out the latest Bitcoin news and the latest crypto news that happened today on 11/01/2018. This is a shortened version of the Live Session conducted this morning. Tune in 10:30 am CST every ...