[2016-7-12] South African Bank Joins R3 Blockchain Consortium

[DAOstock]

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

[farl4web]

Great news! 

[Karartma1]

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