R3CEV is a distributed database technology company leading a consortium of more than 70 of the world’s largest financial institutions. According to CEO David Rutter, consortium members are interested in different “themes” when deploying blockchain technology, including trade finance, global digital identification, post-trade processing, and payment applications.
Up Next in Blockchain
The Canadian Securities Exchange (CSE) plans to launch a blockchain-based clearing and settlement platform for token sales. The initiative will see the CSE move to list 'Security Token Offerings' through which blockchain-based assets that are explicitly securities would be offered and sold.
Canadian Securities Exchange Taps Blockchain for New Clearinghouse
Additional Wall Street money may start making its way into cryptocurrency investments soon. An American rating agency is set to issue grades for bitcoin and a host of altcoins this week, possibly opening the door for more fund managers to enter the field. Beyond market leader bitcoin, the rating agency will issue grades for ether, Ripple’s XRP, bitcoin cash, Litecoin, and many others.
U.S. Rating Agency to Issue Bitcoin and Cryptocurrency Grades
Bitcoin News - Avi Mizrahi