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Bitcoin => Press => Topic started by: DAOstock on July 12, 2016, 02:55:55 PM



Title: [2016-7-12] South African Bank Joins R3 Blockchain Consortium
Post by: DAOstock on July 12, 2016, 02:55:55 PM
One of South Africa's largest banks has joined the global blockchain consortium led by R3CEV.

Absa Bank, a subsidiary of Barclays Africa, announced today that it would be joining the 40-plus consortium, which includes a range of banks and non-bank financial institutions worldwide. Recent participants have included Chinese bank Ping An and the financial arm of automaker Toyota.

The partnership is said to include an effort to develop a broader working group within South Africa focused on regional distributed ledger networks, with the goal of creating "the continent’s first distributed ledger-based banking solution".

http://www.coindesk.com/south-african-bank-joins-r3-blockchain-consortium


Title: Re: [2016-7-12] South African Bank Joins R3 Blockchain Consortium
Post by: farl4web on July 12, 2016, 02:56:15 PM
Great news!  :)


Title: Re: [2016-7-12] South African Bank Joins R3 Blockchain Consortium
Post by: Karartma1 on July 12, 2016, 05:56:39 PM
With the amount of money invested and the name involved R3CEV is better be releasin good stuff soon.
I read their blog every now and then and I must admit I'm very curious about R3 Corda release.
That's because that's going to be a permissioned ledger different from the blockchain as we know it