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Japan’s SBI Holdings Joins R3 Blockchain Consortium

Posted: Sun Mar 13, 2016 8:00 am
by kreslik.news

The Japanese conglomerate SBI Holdings, Inc. (TYO:8473) announced today that it will be the latest firm to join the  blockchain consortium led by R3 CEV LLC. As a group whose main operation channel is the internet, SBIH will join the global initiative to increase the efficiency of financial markets by using blockchain technology, and proactively consider applying blockchain technology to the financial services of the SBI Group.

R3 already consists of 42 financial institutions from around the world, after in December 2015 a dozen banks joined the consortium including BMO Financial Group, Danske Bank, Intesa Sanpaolo, Natixis, Nomura, Northern Trust, OP Financial Group, Banco Santander, Scotiabank, ... (read more)