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Decentralized • November 14-16, 2018

After the huge success of Decentralized 2017, the University of Nicosia is proud to announce that Decentralized 2018 will take…

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Tag: R3

UK Bank NatWest to Leverage Blockchain Technology in Syndicated Loan Market

Category: Blockchain, Business, Finance, News, Platform

UK Bank NatWest to Leverage Blockchain Technology in Syndicated Loan Market

United Kingdom’s major commercial bank NatWest announced to leverage blockchain technology for the syndicated loan market, from the coming month. The technology will be introduced to effectively streamline communication between lenders and agent banks in the loan market sector. Bringing Efficiency to Syndicate Loan Market The blockchain platform Fusion was developed by blockchain consortium R3 and fintech company Finastra. Recent…

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HM Land Registry to Revolutionize Land Registration with DLT

Category: Blockchain, News, Platform, Tech

HM Land Registry to Revolutionize Land Registration with DLT

Her Majesty’s (HM) Land Registry, a non-ministerial department of the U.K. government, has joined forces with Methods software firm to integrate distributed ledger technology into its research and development initiative called Digital Street, which is aimed at revolutionizing the land registration and property buy-sell process in the United Kingdom, according to a news release by Gov.UK on October 1, 2018….

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Blockchain InsurTech Consortium RiskBlock Alliance Engages Deloitte to Facilitate Canada Expansion

Category: Blockchain, Business, News, Platform

Blockchain InsurTech Consortium RiskBlock Alliance Engages Deloitte to Facilitate Canada Expansion

RiskBlock Alliance, an insurance-focused distributed ledger technology (DLT) consortium, has employed the services of Deloitte, a globally recognized professional services organization, to help take its cutting-edge blockchain solutions development to the next level. The partnership looks to fuel its expansion plans to crypto-friendly Canada, according to a news release by RiskBlock on September 25, 2018. Canada Takeover RiskBlock Alliance, a…

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Ripple and R3 End Year-Long Legal Battle with a Settlement

Category: Altcoins, Business, Finance, News

Ripple and R3 End Year-Long Legal Battle with a Settlement

Ripple Labs and R3 Consortium released an official announcement on September 10, 2018, stating that both parties have managed to settle their year-long legal dispute. “Happy” to Put the Dispute in the Past Ripple Labs Inc. and XRP II, LLC released an official statement to Business Wire confirming that Ripple and R3 have reached a settlement of all outstanding legal…

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Establishment-Backed Blockchain Company R3 Set to Issue IPO

Category: Blockchain, Business, Finance, News

Establishment-Backed Blockchain Company R3 Set to Issue IPO

Information has emerged revealing that R3 is considering going public via an IPO. The blockchain software company which is backed by more than 200 of the world’s most prominent corporate names including Intel Corporation, Microsoft Corporation, Wells Fargo & Co., and US Bancorp is reportedly speaking with advisers about the proposed IPO, with no firm decision in view yet. Potential…

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Blockchain Consortium R3 under Fire for Burning Capital, Lack of Noteworthy Developments

Category: Blockchain, Business, Finance, News, Tech

Blockchain Consortium R3 under Fire for Burning Capital, Lack of Noteworthy Developments

Cryptocurrency startups and ICOs face the onus of retail investors who rightfully expect working prototypes of the former’s ideas. However, a significant blockchain player could be the first to succumb to poor business tactics and go out of business in 2019. R3 Close to Biting the Dust In a startling report by Fortune, the institutional-backed blockchain platform R3 is buried…

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Hyperledger Chief Predicts that Blockchain’s Consolidation Phase Is Near

Category: Blockchain, Business, Commentary, Ethereum, News, Tech

Hyperledger Chief Predicts that Blockchain’s Consolidation Phase Is Near

Brian Behlendorf, the executive director of the Hyperledger Project, sees significant evolvements in blockchain technology from scale, interoperability, and governance in 2018 and over the next few years. Pinpointing Progress As a leading figure in open-source software and one of the primary developers of the Apache web server, Behlendorf is currently working on the Hyperledger project to create enterprise-ready distributed…

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Finastra Launches Blockchain Solution for Syndicated Lending

Category: Blockchain, Finance, News

Finastra Launches Blockchain Solution for Syndicated Lending

Finastra, a London-based financial services software provider, announced on April 24, 2018, the launch of Fusion LenderComm. Fusion LenderComm is an application commercially available on R3’s Corda platform for the syndicated lending market. According to Finastra’s press release, the Fusion LenderComm app has managed to “streamline information exchange between agent banks and lenders, driving transparency and efficiency in the syndicated…

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Ripple Wins Lawsuit Against R3, CEO Brad Garlinghouse Reveals

Category: Altcoins, Finance, News, Regulation

Ripple Wins Lawsuit Against R3, CEO Brad Garlinghouse Reveals

Brad Garlinghouse, the CEO of Ripple, the software development company behind the $10 billion Ripple network, revealed the firm had won the lawsuit R3CEV filed in September. Last month, R3CEV, which operates a blockchain consortium participated by more than 70 retail and investment banks including Barclays, HSBC, and UBS, filed a lawsuit against Ripple in the Delaware Chancery Court. The…

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Ripple and R3 Begin Court Struggle Over $1 Billion XRP Digital Tokens

Category: Altcoins, Business, Finance, News

Ripple and R3 Begin Court Struggle Over $1 Billion XRP Digital Tokens

On September 8, in the Delaware Chancery Court, R3, moved a legal action to its partner Ripple, over the options contract to buy more than $1 billion worth of XRP. As a reaction, in the same day, in a California state court in San Francisco, Ripple sued its partner as well. As a result, the two enterprises are now involved…

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