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DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda
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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.

Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda
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Bank of America Joins Marco Polo Blockchain Network Powered by R3 Corda

Bank of America has joined the Marco Polo Network, powered by R3 Corda’s distributed ledger technology to solve the challenges of the global trade participants.

Permissionless Blockchains fit the Business World's Needs
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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.

IBM and R3 to Scale Up Hybrid Cloud with Blockchain Capabilities
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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.

Blockchain Industry Leaders R3 and FORMS HK join Cyberport to Launch “Block AdVenture” Program
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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.

R3 - Revolutionizing Trade Finance with Blockchain
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R3 - Revolutionizing Trade Finance with Blockchain

R3 leads the largest blockchain ecosystem in the world, creating initiatives using distributed ledger technology. Carl Wegner, the Managing Director and Head of Asia at R3, elaborates on the consortium’s reach with its broad ecosystem, on initiatives that are built on Corda, including, Project Voltron, Project Inthanon, Project LionRock, and Project Ubin in Asia.  

R3 and Asian Central Banks Join Forces to Unravel Central Bank Digital Currencies
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R3 and Asian Central Banks Join Forces to Unravel Central Bank Digital Currencies

Blockchain.News spoke with Carl Wegner, the Head of Asia Pacific at R3, who has been with the company for over three years, with a major focus on developing business and partnership opportunities for the consortium. Having been in the trade finance industry for over 30 years, Wegner feels that it is an incredible opportunity for blockchain to help streamline processes.   

IBM Takes Majority Control of Hyperledger Blockchain Steering Board
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IBM Takes Majority Control of Hyperledger Blockchain Steering Board

IBM has doubled the number of its employees on the technical steering committee (TSC) of Hyperledger according to an announcement by the TSC last week. IBM now holds six out of the eleven committee seats which has raised concerns about the tech giant’s new found influence on the enterprise blockchain consortium.

Italian Banking Association Chose Decentralized Blockchain Route
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Italian Banking Association Chose Decentralized Blockchain Route

The Italian Banking Association, Associazione Bancaria Italiana (ABI), chose to leverage the blockchain-based system Spunta, as they could not identify an appropriate single actor to run a centralized system.

Bank of America Announces Blockchain Job Openings
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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.

R3 Partners with Dubai Fintech Firm to Revolutionize the Sukuk Market
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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.

Bank of Lithuania Selects IBM and Tieto as Finalists for its Blockchain-Powered LBChain Project
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Bank of Lithuania Selects IBM and Tieto as Finalists for its Blockchain-Powered LBChain Project

The central bank of Lithuania has chosen IBM, a technology titan, and Tieto, a leading Nordic software and services company, as the finalists in its blockchain-powered LBChain project. The winner will be announced as the year ends.

Ethereum Dominates European Blockchain Startup Scene
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Ethereum Dominates European Blockchain Startup Scene

LeadBlock Partners, a European Venture Capital fund that invests in early-stage B2B Blockchain solutions, has announced that Ethereum is a prominent gamechanger among all the European blockchain startups.

Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain
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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.

Deployment of Blockchain Across the Financial Ecosystem Still at Least Three Years Behind
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Deployment of Blockchain Across the Financial Ecosystem Still at Least Three Years Behind

Today marks the kickoff of the Gartner IT Symposium/Xpo 2019, with Blockchain being one of the technologies that this event plans to tackle, there is also a major interest in how this technology will be affecting some industries in the coming years

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