Around 100 Italian Banks Are Officially on a Blockchain
The Italian Banking Association claims that about 100 local banks are now operating on a blockchain network designed to speed up interbank transactions and processes.
Former RBS bankers from blockchain startup LAB577 built the bridge.
Hearn will become CEO of a new firm while remaining a technical adviser to R3.
“You cannot ignore the Ethereum ecosystem as a driver of digital asset flow,” said SDX chief Tim Grant.
The crypto corridor connecting Switzerland and Singapore is firming up, involving many of the usual suspects in banking, custody and trading.
A new collaboration this week between R3 and IBM is raising eyebrows in the world of enterprise blockchain.