You are here

Tag: JPMorgan blockchain

jpmorgan blockchain platform to rival r3 FTSE / NASDAQ NEWS 

75 Major Banks Join JPMorgan Blockchain Platform to Rival R3 and Fintech Startups

BCTechreport, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

More than 75 multinational banks have joined the JPMorgan blockchain platform to rival R3, or any other company outside of the banking sector, in a bid to keep payments ‘in-house’ via the Interbank Information Network (IIN). JPMorgan, the largest bank in the U.S., departed from the R3 consortium after a year’s membership, and together with the Royal Bank of Canada and the Australia and New Zealand Banking Group (ANZ), in October 2017 they began developing the IIN payments platform. Built using JPMorgan’s Ethereum-based private blockchain Quorum, in partnership with development studio EthLab, the…

Read More
goldman sachs investment in enterprise blockchain startup axoni FTSE / NASDAQ NEWS 

Goldman Sachs Leads Major Investment in Enterprise Blockchain Startup Axoni

BCTechreport, , , , , , , , , , , , , , , , , , , , , , , ,

Goldman Sachs and Nyca Partners, have led a funding round raising $32 million for a major investment in enterprise blockchain startup Axoni. The Series B funding round brought together the biggest names of Wall Street, such as Wells Fargo, J.P. Morgan, Citigroup, and Franklin Templeton, with numerous high-profile blockchain investors, including Digital Currency Group, Andreessen Horowitz, and Y Combinator. Axoni, founded in 2013, aims to use the funding to complete the transfer of some of the largest financial infrastructures in the world to its Ethereum-based blockchain technology.  Greg Schvey, CEO of Axoni said:…

Read More