Blockchain Consortium in Credit Cards Formed By SBI Ripple Asia

Announcements, Blockchain, Group | December 29, 2017 By:

SBI Ripple Asia has formed a consortium with some Japanese credit card companies to utilize blockchain technology. Called the Credit Card Industry Consortium, the group will be formally established in January.

Formed in 2016, SBI Ripple Asia is the Asia-Pacific partnership of Japanese financial services company SBI Holdings and FinTech payments firm Ripple.

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Enterprise Ethereum Alliance Creates Three New Working Groups

Announcements, Blockchain, Group | December 27, 2017 By:

Enterprise Ethereum Alliance (EEA) has created three new member-driven working groups focused on energy, digital identity, and multiplatform interoperability. This brings the total number of EEA working groups to 17.

Formed in February of this year, EEA is a blockchain initiative seeking to evolve ethereum so that it can serve as an enterprise-grade technology.

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Open Source Software Developers Find A Home At Gitcoin

Blockchain, FinTech, Group, Innovation | November 28, 2017 By:

Open source software is often the ugly stepchild of technology development. Because developers are largely donating their time and efforts, progress lags on building better versions of apps, blockchains and other software. That stifles progress, and leaves advancement in the hands of for-profit ventures, many of them without the public’s best interests at heart.

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Project Ubin Releases Source-Codes of DLT Prototypes for Inter-Bank Payments

Announcements, Blockchain, FinTech, Group | November 15, 2017 By:

Project Ubin has released the source-codes on blockchain software prototypes for inter-bank payments for public access.

First unveiled in November 2016, Project Ubin is a collaborative project with the banking industry to explore the use of distributed ledger technology (DLT) for clearing and settlement of payments and securities.

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R3 Consortium Develops DLT Solution for International Payments

Announcements, Blockchain, FinTech, Group | November 2, 2017 By:

Consortium R3 has developed a blockchain-based system for cross-border payments based on Corda, its distributed ledger technology (DLT) software. The solution prototype will be out by the end of this year.

R3, along with 22 of its member banks, specifically designed the solution to interact with central banking systems’ digital currencies as they are created.

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