Journal quotidien finance-innovation daily news
Financial Year Financial Year
Journal quotidien Finyear : finance-innovation all the year
 
 
 


              



Network leadership essential to blockchain success | Verdict Financial


Blockchain is the single innovation that will revolutionize mainstream finance. However, its development will require co-operation among financial institutions, regulators, and technologists.



The global financial sector has gradually opened up to the use of blockchain, with interest in this technology growing rapidly throughout 2015. Blockchain technology has already attracted significant investment from many major banks, in the belief that it can make their operations faster, more efficient, and more transparent. However, one of the conditions for blockchain to become a reality is that multiple parties must be involved.

2015 spawned a range of internal blockchain labs, partnerships with blockchain tech companies, and collaborations such as the R3 consortium. 2016 will see the continuation and acceleration of this trend, though financial institutions are now past the debate stage and are developing proof of concepts in the product development stage.

New York-based R3 CEV (a firm leading a consortium of banks to expand a common blockchain framework), is a perfect example of “network leadership” within this space. Launched in September 2015 with the support of just nine financial companies, it is now a consortium of 42 members. Many leading global banks – from universal providers such as Barclays, BBVA, Credit Suisse, and Santander to institutional banks such as JP Morgan and Morgan Stanley – have joined the blockchain innovation initiative.

The R3 consortium marks the first time banks have come together to collaborate on research, design, and engineering to improve and advance security, reliability, performance, scalability, and auditing in financial services. A collaborative approach among a broad range of institutions is essential to developing the use cases of distributed ledger technologies, and will truly benefit the financial services industry as a whole.

Post original: verdictfinancial.com/network-leadership-essential-to-blockchain-success/

My Blockchain Company est partenaire des rubriques blockchain de votre quotidien Finyear.
Pour lire tous les articles Finyear dédiés Blockchain rendez-vous sur www.finyear.com/search/Blockchain/

Participez à la conférence "Blockchain Leaders" éditée par Finyear.
Pour cela inscrivez-vous sur www.bl0ckcha1n.com

Les médias du groupe Finyear

Lisez gratuitement :

Le quotidien Finyear :
- Finyear Quotidien

La newsletter quotidienne :
- Finyear Newsletter
Recevez chaque matin par mail la newsletter Finyear, une sélection quotidienne des meilleures infos et expertises de la finance d’entreprise et de la finance d'affaires.

Les 6 lettres mensuelles digitales :
- Le Directeur Financier
- Le Trésorier
- Le Credit Manager
- The FinTecher
- The Blockchainer
- Le Capital Investisseur

Le magazine trimestriel digital :
- Finyear Magazine

Un seul formulaire d'abonnement pour recevoir un avis de publication pour une ou plusieurs lettres

Mardi 19 Janvier 2016
Notez


Nouveau commentaire :
Twitter

Your email address will not be published. Required fields are marked *
Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *

Les derniers articles publiés sur Finyear