22 September 2017
visit www.avoka.com

R3 signs up BM&FBovespa as first exchange member

06 September 2016  |  4823 views  |  0 Brazilina flag 1

The rapidly expanding R3 distributed ledger consortium has added its first exchange, in the shape of Brazilian giant BM&FBovespa.

The largest financial market infrastructure in Latin America, BM&FBovespa joins more than 60 of the world's biggest FS players - including banks such as Goldman Sachs, insurance outfit MetLife and data firm Thomson Reuters - as an R3 member.

The exchange operator will work with other members to develop Corda, the R3 shared ledger platform specifically designed to record, manage and synchronise financial agreements between regulated financial institutions.

Jochen Mielke de Lima, IT MD, BM&FBovespa, says: "BM&FBovespa is researching blockchain-based solutions from a business and IT perspective, and we are pleased to join R3 in the drive to innovate in capital markets. Distributed ledgers hold a promise for process efficiencies and we want to work with our customers to evaluate real use cases."

Meanwhile, R3 member BNP Paribas is preparing to host a 'blockchain bizhackathon' in New York. The event, happening this week, will mark the unveiling of the French bank's new in-house Innovation Lab at their Americas head office, with more than 50 participants exploring how DLT can concretely advance the consumer and client experience and improve the efficiency of BNP services.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Credit Unions create their own R3-like blockchain consortium

Credit Unions create their own R3-like blockchain consortium

05 September 2016  |  13896 views  |  1 comments | 30 tweets | 28 linkedin
R3 eyes insurance sector as MetLife comes onboard

R3 eyes insurance sector as MetLife comes onboard

31 August 2016  |  8309 views  |  0 comments | 16 tweets | 18 linkedin
R3 blockchain consortium sheds light on Concord project

R3 blockchain consortium sheds light on Concord project

24 August 2016  |  12430 views  |  0 comments | 17 tweets | 14 linkedin
Thomson Reuters joins R3 blockchain consortium

Thomson Reuters joins R3 blockchain consortium

02 August 2016  |  10444 views  |  0 comments | 15 tweets | 16 linkedin
R3 bids to develop master templates for smart contracts

R3 bids to develop master templates for smart contracts

13 July 2016  |  7221 views  |  0 comments | 8 tweets | 18 linkedin
Absa becomes first African member of R3

Absa becomes first African member of R3

12 July 2016  |  4174 views  |  0 comments | 8 tweets | 4 linkedin
Asian life insurer AIA joins R3 consortium

Asian life insurer AIA joins R3 consortium

02 June 2016  |  5242 views  |  0 comments | 1 tweets | 7 linkedin
R3 consortium gets first Chinese member

R3 consortium gets first Chinese member

24 May 2016  |  4864 views  |  0 comments | 8 tweets | 6 linkedin
R3 outlines Corda distributed ledger for financial agreements

R3 outlines Corda distributed ledger for financial agreements

05 April 2016  |  9150 views  |  0 comments | 7 tweets | 9 linkedin
R3 and 40 banks run parallel trials of five different blockchains

R3 and 40 banks run parallel trials of five different blockchains

03 March 2016  |  10438 views  |  0 comments | 24 tweets | 50 linkedin
R3 blockchain collaboration project builds momentum

R3 blockchain collaboration project builds momentum

19 November 2015  |  11179 views  |  3 comments | 30 tweets | 28 linkedin
BM&FBovespa taps Cinnober for clearing overhaul

BM&FBovespa taps Cinnober for clearing overhaul

09 November 2011  |  6470 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.sibos.comvisit www.vasco.com

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
12746 views comments | 26 tweets | 42 linkedin
Equifax hack: Visa and Mastercard flag 200k compromised credit cardsEquifax hack: Visa and Mastercard flag 200...
11040 views comments | 6 tweets | 17 linkedin
Dutch bank sentences teenage DDoS culprit to community serviceDutch bank sentences teenage DDoS culprit...
9577 views comments | 6 tweets | 3 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8278 views comments | 18 tweets | 27 linkedin
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
8063 views comments | 13 tweets | 27 linkedin

Featured job

A minimum of £200K (not a limiting factor)
London

Find your next job