In the press release British banking service Standart Chartered announced its work on the blockchain based project with implemented technology of R3 Corda.
Company announced their work together with Siemens Financial Services and trading platform TradeIX, and planning end it by the end of this year.
Samuel Mathew, main manager of Standard Chartered, noticed the importance of this project and possibility in future make trading digital, safe and effective. Samuel mentioned that future of trading will fully base its work on data services. The main purpose of this project – full digitalize of whole bank processes, reduce the paperwork etc.
The CEO of TradeIX Rob Barnes shared his thoughts, he believes that modern world trading is on an important stage of its development and they are able to bring into it a new, important and revolutionary model.
Bank of Thailand already announced about using the technology of R3’s Corda blockhain platform while were creating their own cryptocurrency.