David Rutter News

The Colombian central bank Banco de la República Colombia has partnered with software developer R3, for the testing of the latter’s distributed ledger technology (DLT) or Blockchain technology, called Corda.

The R3 Consortium is attempting to neutralize criticism on the ambiguity in the coding language and structure of permissioned ledgers by open sourcing its technology.

Toyota Financial Services and R3 Consortium have announced the start of their collaboration on research and development of Blockchain applications.

Seeking to spur the adoption of distributed ledger technologies in financial systems, R3 and Microsoft start a strategic partnership.

Three more banks have announced joining the Distributed Ledger Group (DLG) and R3 Blockchain consortium that include Mizuho Bank, UniCredit and Nordea.

As much as the financial establishment hates to admit it, Bitcoin is a major economic and technological advancement, and it's not going anywhere.