Tag: R3 Consortium

Delaware Judge Throws out Case Involving Ripple and R3

A few weeks ago, the cryptocurrency community learned that the R3 consortium was suing Ripple over a business deal gone awry. Although a lot of people weren’t too bothered by this development, it turns out Ripple eventually prevailed in the lawsuit. The case in question has been thrown out by a Delaware judge. R3 Loses Ripple Lawsuit No one can deny the outcome of the R3-Ripple lawsuit was known well in advance. …
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R3 Appears to Admit Defeat, Stops Blockchain Development

R3CEV, the largest blockchain consortium of banks and technology firms includng multi-billion dollar institutions such as Barclays, Credit Suisse, Bank of America, Citibank and HSBC, has seemingly admitted defeat and moved on from blockchain technology development. Over the past two years, various consortia and bank-funded blockchain startups raised billions of dollars to utilize blockchain technology in optimizing the global financial network. The vast majority of developers of actual cryptographic and open …
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R3 Blockchain Consortium Welcome BM&FBovespa As Its Latest Member

The R3 blockchain consortium has been adding a lot of new members as of late. The demand for their distributed ledger research services continues to grow on a global scale. BM&FBovespa is the first exchange members to join this initiative. A significant move for Brazil, as they seem to go all-in on the blockchain as well. A Significant Partner For R3 The addition of BM&FBovespa to the R3 blockchain consortium …
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R3 Consortium Files Patent Application For Corda

Most people know the R3 Consortium for their blockchain efforts. A project called Corda was announced not too long ago, which acts as a permissioned distributed ledger. Ever since, the team has been working filing a patent for this software.  The Corda Patent Filing There is an argument to be made as to how blockchain-based solutions should not have patents attached to the, After all, that could hinder innovation in …
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