Major blockchain initiatives prove the technology offers privacy and scalability, but banks waiting to see which models prevail.
Fei Zhang of B3i founding member Allianz says the consortium will transform into a company as it puts debut products into production.
R3 has pivoted from its initial ambition of rolling out blockchain apps, to focus on the foundational technology.
Blockchain development consortium R3 explains the work it is doing to lay the groundwork for applications.
But as use cases proliferate for distributed ledgers, so do vendors, coding languages, and the number of emerging intermediaries.
Jame and Dave discuss how and when blockchain makes sense and what challenges remain to broader adoption.
DTCC, the Depository Trust and Clearing Corporation, tests whether its blockchain initiative for repurchase agreements can go into operation.
Many commercial uses for blockchain technology will originate from the open-sourced community of Hyperledger.
R3, a DLT consortium of financial institutions, intends to move away from a single flat fee for its members.
