Search Results for "r3"
Permissionless Blockchains fit the Business World's Needs
R3 CTO Richard Brown recently published an interesting article. Among other issues, the story states explicitly permissionless blockchains have probabilistic confirmation of transactions. We want to clarify several parts of this problematic statement by describing how Concordium solves some of the challenges for Permissionless Blockchains.
FinFabrik and Chekk sign MOU to live and breathe KYC into digital assets investment
FinFabrik is pleased to announce that it signed a Memorandum of Understanding (MOU) with Chekk to integrate Chekk’s KYC capabilities to its market infrastructure “CrossPool”, enabling financial institutions in private markets to grow new digital asset businesses powered by distributed technology.
Bank of America Announces Blockchain Job Openings
Bank of America the second-largest bank in the United States recently announced various blockchain job openings. This shows its intention to considerably adopt blockchain technology.
MAS Announces Project Ubin’s Successful International Settlement Network in its Final Phase Report
The Monetary Authority of Singapore (MAS) and government-owned conglomerate Temasek released the final report of the Singaporean CBDC project, Project Ubin. The report is the fifth and final phase of Project Ubin, Singapore’s blockchain-based multi-currency payments network prototype that was built for the financial industry and blockchain ecosystem.
R3 Partners with Dubai Fintech Firm to Revolutionize the Sukuk Market
Enterprise software firm R3 recently entered into a strategic partnership with a Dubai-based fintech firm, Wethaq. The partnership aims to bring together a platform for issuing and trading Sukuk securities by utilizing R3 Corda’s blockchain.
MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19
Sopnendu Mohanty, the Chief FinTech Officer at the Monetary Authority of Singapore (MAS) announced that Phase 5 of Project Ubin has been completed, and partners of the project are already working on a production in the payments space. A new report is to be expected in the next few days, which will “articulate the last phase of experimentation of Project Ubin.” He hinted that the production is related to exchange, settlement, and will be working on releasing production inspired by Project Ubin Phase 5.
DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda
Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.
IBM and R3 to Scale Up Hybrid Cloud with Blockchain Capabilities
Tech giant IBM has teamed up with R3, an enterprise software company, to boost the hybrid cloud with blockchain capabilities.
Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain
On the outset, this article has been written to put in perspective Index Funds as we know them, which new kind of Index Funds are developing with Cryptocurrencies (Digital Assets) and what developments are taking place in the Global Capital Markets with Blockchain developments.
Blockchain Industry Leaders R3 and FORMS HK join Cyberport to Launch “Block AdVenture” Program
Hong Kong's innovation hub, Cyberport along with leading global enterprise blockchain platform provider R3 and FORMS HK have launched the Block AdVenture program.
Empowering Enterprise Blockchain Integration with Hyperledger and R3
Cyberport, being the digital flagship of Hong Kong has gained collaborations with other government-linked organizations, such as InvestHK. InvestHK is the department of the Hong Kong government responsible for foreign direct investment and for promoting Hong Kong’s status as the leading international business hub in Hong Kong.
Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting
The FATF has a wide range of recommendations, a total of 40 to ensure regulatory alignment between the compliance imposed on financial institutions and the regulations in its member states. The FATF Travel Rule is Recommendation 16, which has received a lot of attention from the crypto industry, especially virtual asset service providers (VASPs).