Global Standards

The Hyperledger Project, an open source project at the Linux Foundation to develop a distributed ledger technology standard, has recently released a draft white paper and completed a proof-of-concept hackathon. The purpose of the hackathon was to...

There was consensus among speakers the Block Chain Conference in San Francisco last week that collaboration toward a "scalable standard for blockchain technology" was essential for its adoption by the global financial industry. The conference also determined that the blockchain ecosystem has been...

JPMorgan on Friday revealed its own blockchain technology prototype at the technical steering committee meeting of the open source Hyperledger Project, according to a CoinDesk scoop. JPMorgan executive director David Voell introduced the "Juno Digital Cryptoledger"...

Forty major global banks tested the blockchain technologies of various technology providers in the second experiment conducted by R3 CEV, according to reports in the Wall Street Journal and the New York Times. Bank of America, Citi,...

The distributed ledger code bases of IBM and Digital Asset Holdings (DAH) have been put forward for merger by the two companies according to proposal sponsored by two members of the Hyperledger Project's Technical...

Banking blockchain technology company, R3 CEV, revealed yesterday the completion of a distributed ledger experiment involving eleven of the largest global financial institutions. R3 and eleven of the 42 banks that joined its consortium, Barclays,...

Mizuho Bank, Fujitsu, and Fujitsu Laboratories today announced that they have jointly conducted a trial using blockchain technology to reduce the processing time for cross-border securities transactions, from the current three days to same-day settlement. The test...

Eris Industries, a blockchain distributed applications developer, played a major role in R3's experiment with forty banking giants. The Eris Platform and tools were tested by all 40 banks on different blockchains, including a fully-permissionable ErisDB (eris:db)...

White & Case, the ninth-largest law firm in the United States as of 2015, highlights the advent of blockchain technology in financial services in a recent report. Two lawyers in the firm, Kevin Petrasic and...

Tendermint is an open source, blockchain & language agnostic socket protocol that facilitates distributed application deployment. In particular, banks could run a Tendermint enabled ledger with publicly identified validators for fast settlement of transactions. I had...