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Ripple and R3 Consortium reach settlement in litigation
Ripple Labs says it has reached a settlement “of all outstanding litigation” between R3 and XRP II, according to a press release published today. As per that statement, the details of the settlement... more
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R3 CEV blockchain consortium raises $107 million from members
Financial and technology companies led by Bank of America,SBI Holdings, HSBC, Intel and Temasek Holdings have invested $107 million in R3 CEV which runs a big bank consortium seeking to develop blockchain technology. Despite some high profile leavers in the last few months like JP Morgan, over 40 institutions from more than 15 countries participated in [...]
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R3 conducts Blockchain trail with first 11 banks
R3 CEV is set to trial its first Blockchain experiment using Ethereum and Microsoft Azure’s Blockchain as a Service, and involving 11 of its member banks. The R3-managed private peer-to-peer distributed ledger connected Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of Australia, HSBC, Natixis, Royal Bank of Scotland, TD Bank, UBS, UniCredit and Wells Fargo. Participants [...]
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