R3cev blockchain news
R3CEV was one of the biggest Fintech stories in This signaled that banks were accepting Blockchain and making it respectable through getting rid of Bitcoin and proceeding to make it permissioned where only banks can participate. The was the year that permissioned Blockchain got to rode to the top while at the same time Bitcom got to fall deep except for just a few believers.
But as we move to we see skepticism about Permissioned Blockchain and Bitcoin getting more traction. This shift is shown by the R3CEV news. However, this does not necessarily mean that the defections at R3CEV are primarily caused by this. From implementing permissioned blockchain there is a massive payoff which is meant to eliminate settlement latency in capital markets. This can result to huge cost saving and Business Process Elimination. Simply this could give bank equal efficiency with a newly born digital startup.
Therefore there is adequate motivation for the banks. R3CEV had the idea of a cooperative that would be owned by the banks and would deliver the Settlement Latency prize. This precisely what MasterCard and Visa did in another era.
Nataliia Bulhaka Customer service support n. Vitaliy Hadzhynov Event Coordinator v. Yaroslava Velykaya For speakers y. Aleksandra Dziuba For exhibitors and sponsors a.
Tatyana Chirva For exhibitors and sponsors t. Aleksandra Yanko For exhibitors and sponsors a. Managing director Charley Cooper has announced the second round of accepting applications from companies.
The first round was closed in the end of last year, but there was no doubt that it would be renewed. He also mentioned that there is no quota restricting the number of partners. Founded in the past year R3CEV collaborates with more than 40 banks.
Their mutual goal is to implement blockchain technology in operations of world financial markets. Buy a ticket This website uses cookies.