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15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing The Depository Trust & Clearing Corporation (DTCC) has advanced its main blockchain project to a testing phase with 15 global banks, one of the last steps before taking the tech live.  Announced today, U.K.-based Barclays is among the global banks …

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Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance

Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance Oil and gas conglomerate Reliance Industries – owned by India’s richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction. According to a news release from HSBC India shared with CoinDesk on Sunday, …

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Accenture Tech Now Connects Corda, Fabric, DA and Quorum Blockchains

Accenture Tech Now Connects Corda, Fabric, DA and Quorum Blockchains Enterprise blockchain customers might not need to worry any longer about having picked the wrong platform to build on, thanks to a new interoperability solution being unveiled by Accenture. Revealed at the annual Sibos conference on Monday, the consulting giant …

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Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding

Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding Blockchain finance firm Clearmatics Technologies has raised over $12 million in a Series A funding round led by venture capital firm Route 66 Ventures. Additional investment in the funding round came from private equity firm TNF Capital and XTX Ventures, …

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India’s Federal Bank Is Building a Remittance App on R3’s Corda

India’s Federal Bank Is Building a Remittance App on R3’s Corda An Indian commercial bank has revealed it is building a cross-border remittance app based on the Corda blockchain platform developed by consortium startup R3. Being built as a so-called CorDapp on the platform, Kochi-based Federal Bank has turned to blockchain …

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UK Land Registry Begins New Phase of Blockchain Research Project

UK Land Registry Begins New Phase of Blockchain Research Project The U.K.’s national land registry is moving into the second phase of its ongoing blockchain research effort. The HM Land Registry announced Tuesday it was partnering with blockchain company Methods, which plans to build on R3’s Corda framework to develop …

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Two of Blockchain’s Biggest Consortiums Just Joined Forces

Two of Blockchain’s Biggest Consortiums Just Joined Forces Seismic shifts are happening in the world of enterprise blockchain. Announced Monday, the Hyperledger Project and the Enterprise Ethereum Alliance (EEA) have agreed to collaborate on bringing common standards to the blockchain space and cross-pollinate a wider open-source community. This joining of …

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ConsenSys Invests $6.5 Million in Former R3 Exec’s Blockchain Startup

ConsenSys Invests $6.5 Million in Former R3 Exec’s Blockchain Startup Ethereum development studio ConsenSys has invested $6.5 million in a blockchain startup founded by a former R3 executive. DrumG Technologies, formed by Tim Grant, R3’s former head of business development, is also adding ConsenSys founder and CEO Joseph Lubin to its …

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