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R3 Blockchain Consortium

FintechNews RoundupUSA
·Nov. 1, 2017

R3 Building Cross Border Payments Solution

Blockchain consortium R3 and 22 partner banks are working to build a real time cross border payments solution on Corda; the project started last year and the banks are actively providing feedback; this is occurring while R3 and former partner Ripple are involved in a legal dispute over a previous agreement. Source.

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FintechNews Roundup
·Nov. 22, 2016

Goldman Sachs, Santander, Leave R3 Blockchain Consortium

Goldman Sachs and Santander have announced they are leaving the R3 Blockchain Consortium; Goldman Sachs was one of the 12 founding members of the Consortium; the reasoning behind the move is unknown however speculators believe it is likely due to solicitation of $150 million from members.  Source

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