China Merchants Bank to Develop Blockchain with R3 Consortium

[kreslik.news]

The R3 blockchain consortium has announced the addition of China Merchants Bank (CMB) to its list of financial institutions developing a distributed and shared ledger-inspired technologies (DLT) for the global markets. CMB, headquartered in Shenzhen, has a particular focus on the unique needs of the Chinese market for blockchain technology.

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Tianhong Zhou, General Manager of IT Department at CMB, commented: “It is a great pleasure for us to reach an agreement with R3. As a technologically advanced bank, China Merchants Bank has always actively explored new technologies and ... (read more)