Consensus Décentralisé - Blockchains - Smart Contracts - Decentralized Consensus
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Consensus Décentralisé - Blockchains - Smart Contracts - Decentralized Consensus
Covering Blockchain, Ethereum, Smart Contracts and Decentralized Consensus Topics at large in both english et en français.
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JP Morgan, Santander Said to Join New "Enterprise Ethereum" Blockchain Group

JP Morgan, Santander Said to Join New "Enterprise Ethereum" Blockchain Group | Consensus Décentralisé - Blockchains - Smart Contracts - Decentralized Consensus | Scoop.it

New details have emerged about a soon-to-be-launched initiative focused on enterprise uses of the ethereum protocol.

Dubbed Enterprise Ethereum, the project's founding membership is said to include major financial institutions, tech giants and natural resources companies. According to sources, participating firms include JP Morgan, CME Group, BNY Mellon, Banco Santander, Microsoft, Red Hat, Cisco, Wipro and British Petroleum, among others.

Blockchain startups BlockApps, Brainbot Technologies, ConsenSys, Nuco and Tendermint – as well as the Ethereum Foundation, the non-profit that oversees its code creation – are also said to be involved.

Many of the companies on the list above have already worked with ethereum, such as JPMorgan, which has developed several projects based on that codebase. Notably, Enterprise Ethereum appears to include both existing and former stakeholders in the R3 blockchain consortium.

The initiative is perhaps the most significant to date in terms of enterprise interest and the scale of development being discussed. It also signals a deepening of interest among financial firms in the ethereum platform, albeit one focused in part on implementations that are separate yet compatible with the public ethereum network.

What's more, sources say that members plan to work on initiatives that would relate to both the public ethereum network as well as permissioned or private version.

More companies are expected to join the effort, sources suggest.

Philippe J DEWOST's insight:

Watch this "Enterprise Blockchain" move very carefully as heavyweight banking and industry leaders are about to join...

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Leaked: R3 Funding Book Shows 7 Banks Could Be Out of Blockchain Group

Leaked: R3 Funding Book Shows 7 Banks Could Be Out of Blockchain Group | Consensus Décentralisé - Blockchains - Smart Contracts - Decentralized Consensus | Scoop.it

As many as seven of the original 42 members of the R3CEV banking consortium have yet to express interest in funding the startup's ongoing $150m funding round, leaked documents reveal.
Released on PasteBin this morning (and confirmed by sources close to the deal), the text details a list of the banks that have expressed interest in participating in the funding, how much each could invest and the names of seven banks that are alleged to have opted-out.
The list of banks includes names that have confirmed they are no longer participating in the consortium, including Banco Santander and Goldman Sachs, as well as those that were previously rumored to have withdrawn (such as Morgan Stanley and National Bank Australia) but that have yet to publicly respond.
New banks that have reportedly yet to submit a bid as part of the funding including JP Morgan, Macquarie Group and US Bancorp, though it is unclear if they are out of the consortium officially or if they have yet to confirm interest.

Philippe J DEWOST's insight:

Another one bites the dust ? Not entirely sure ...

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