HSBC Singapore Joins Forces With ING & Cargill to Conduct Live Commercial Trade Finance Transaction on R3’s Blockchain Platform Corda

May 14, 2018 @ 9:29 am By Samantha Hurst |

HSBC Singapore announced on Monday it was joining forces with ING and agrifood group Cargill to conduct what it claims to be the first live, commercial trade finance transaction on R3’s blockchain platform, Corda. According to HSBC Singapore, the blockchain transaction involved a bulk shipment of… Read More

Read more in: Asia, Blockchain & Digital Currency | Tagged blockchain, cargill, corda, hsbc singapore, ing, r3

Deutsche Börse Group & HQLAX Commit to Building Securities Lending Platform Using R3 Corda Blockchain

March 28, 2018 @ 8:08 am By JD Alois |

Deutsche Börse Group and HQLAX have signed a Letter of Intent to partner on the creation of a securities lending platrorm using the R3 Corda Blockchain platform. R3 is Blockchain platform working with a network of more than 200 banks, financial institutions, and more to develop… Read More

R3 Partners with Evernym on Identity Management for Financial Services

January 29, 2018 @ 7:50 am By JD Alois |

R3, a bespoke distributed ledger technology (DLT) provider that is working with over 100 financial institutions, has formed a partnership with Evernym to apply self-sovereign identity to financial services. R3 seeks to create a standardized financial service focused DLT. R3 was the genesis of frustration amongst banks… Read More

Twitter Brawl: R3 Takes Some Heat on Whether it is Blockchain. Or Not.

June 30, 2017 @ 11:19 am By JD Alois |

This is kind of interesting. R3, the big bank funded distributed ledger technology initiative, has been in a bit of a dust up as it “repositions” its services. The controversy is not anything new but things continue to simmer a bit as there is an… Read More

Read more in: Blockchain & Digital Currency, Global | Tagged abn amro, corda, giles chapman, hsbc, r3

Thomson Reuters Launches Blockchain Based Service for Delivering Market Data

June 15, 2017 @ 11:23 am By Jonathan Nieh |

It was announced recently that Thomson Reuters is set to launch its blockchain-based service, BlockOne IQ, which will provide its clients with fast and secure financial market data. Wall Street firms will be able to connect to market data through the blockchain network and be… Read More

R3 Secures World’s Largest Distributed Ledger Investment with $107 Million

May 24, 2017 @ 10:17 am By Jonathan Nieh |

R3, the head of the world’s largest consortium of financial institutions collaborating to build a platform and commercial applications for distributed ledger technologies, announced it had secured $107 million in funding as part of its Series A round. The figure is the largest investment in distributed… Read More