R3 Completes Trade Finance Blockchain Trial With More Than 70 Organizations
The trade finance blockchain consortium claims that it completed more than 700 funding requests with around 340 participants.
Blockchain solutions based on R3's tech will make it easier for users to verify their identities and claim lost pension funds, the firm says.
Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains.
Tim Grant, formerly the CEO of ConsenSys-backed DrumG Technologies, is to become head of business at SDX.
Standard Chartered has invested in Contour, the recently-rebranded Voltron blockchain trade finance platform digitizing letters of credit for financial institutions.
Enterprise software vendor R3 has won a patent for a blockchain-based record system designed to make corporate information-sharing more efficient.