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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Deloitte Publishes Key Principles for Blockchain Adoption

Blockchain, FinTech | November 2, 2017 By:

Accounting giant Deloitte has published a report that explores key advisory principles essential for blockchain adoption on a global scale.

The authors said blockchain has attracted significant attention in the global financial services community. Researchers and investors are increasingly interested in the transformative and disruptive ability of this technology to facilitate an exchange of value;

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ASX Sees Blockchain Replacing Current Post-Trade System

Announcements, Blockchain | September 29, 2017 By:

The Australian Securities Exchange (ASX) executives are bullish about distributed ledger technology (DLT) replacing their legacy post-trade infrastructure.

In August 2016, ASX completed the initial phase of its DLT testing, and their blockchain prototype has “met performance, security and scalability thresholds.” The same technology is now being developed as a potential system to replace its 20-year-old clearing and settlement system.

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