Many industry observers are expecting the blockchain/distributed ledger technology (DLT) movement to yield real-world results (and tests) this year, which is making some entrenched concerns nervous and some rebels very happy. In fact, we reported on how HSBC has been using a DLT implementation internally to settle more than three million foreign exchange (FX) transactions… Read More >>
DLT Passes Canadian Tests for Ops Usage
A little over a week ago, news broke that Payments Canada, the Bank of Canada, TMX Group, Accenture and R3 have been able to show that distributed ledger technology (DLT), the ballyhooed blockchain framework at the core of Bitcoin and other crypto-currencies, has passed an initial test of its ability to facilitate equity clearing and… Read More >>
Blockchain’s Myths Starting to Fade: Report
Despite the hype, there is currently very little hard data to evaluate the benefits of blockchain-supported systems over existing infrastructures, according to a new report, “Blockchain in Capital Markets: More Evolution than Revolution,” by market research consultancy Opimas, based near Paris. The initial results of the blockchain/distributed ledger technology (DLT) are indicating that the emerging… Read More >>
Dynatrace Acquires Qumram
Dynatrace Declines to Reveal Qumram Acquisition Price Dynatrace, a digital performance management vendor, has acquired Qumram, a privately held company offering session replay technology for mobile and web applications, officials say. “With the addition of Qumram’s technology and intellectual property, Dynatrace will further expand its digital experience capabilities by providing the ability to visually replay… Read More >>
R3 Lines Up 60+ Vendors for Corda Platform
FinTech & Service Providers Among R3’s Stable of Vendors The blockchain/distributed ledger technology (DLT) revolution is hitting milestones and software vendor R3 has just announced that more than 60 technology companies from multiple industries and regions have joined the Corda partner network, which supports the Corda platform. Corda is an open source, “blockchain-inspired” DLT platform… Read More >>
R3, Synechron to Build DLT-based KYC Solution
12 Banks Support Synechron-R3 Effort Consultancy Synechron and enterprise software vendor R3 are collaborating to provide a know your customer (KYC) solution based on distributed ledger technology (DLT), and the partnership has the support of 12 global banks. Described as one of the largest DLT projects of the year, the KYC solution being developed will… Read More >>
Four Banks Test DLT-Based ECP Platform
Enterprise software vendor R3 (formerly known as “blockchain consortium”) and four of its member banks — ABN Amro, Commerzbank, ING, and KBC — have developed a prototype solution for the issuance of euro commercial paper (ECP) on the group’s Corda distributed ledger technology (DLT) platform. Participants in the project say that it will prove to… Read More >>
DTCC-IBM Blockchain Project Could Be Transformative
(Editor’s note: Earlier this month, post-trade infrastructure services vendor DTCC announced that it will be updating the legacy technology of its Trade Information Warehouse (TIW) with blockchain/distributed ledger technology (DLT) and support from IBM, Axoni and R3; IBM will be serving as the prime contractor. This will be a major undertaking as the TIW service… Read More >>
IBM to Help DTCC Upgrade TIW to DLT
Post-trade infrastructure systems provider DTCC will be updating the legacy technology of its Trade Information Warehouse (TIW) with distributed ledger technology (DLT) and support from IBM, Axoni and R3, officials say. The TIW service automates the record keeping, lifecycle events, and payment management for more than $11 trillion of cleared and bilateral credit derivatives, according… Read More >>
R3 to Contribute Corda Code to Hyperledger Project
As promised months ago, a distributed ledger technology (DLT) consortium of key players, R3, is going to “open source” its DLT platform Corda by the end of November with the hope of making the platform an industry standard that will encourage others to build products on top of it, confirms Todd McDonald, R3 co-founder and… Read More >>
