Discover joins blockchain collective

The Chamber of Digital Commerce announces the addition of Discover Financial Services (NYSE: DFS) to its Executive Committee, where it will join the Chamber’s efforts to educate, promote and accelerate the adoption of blockchain technologies worldwide.

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Discover Financial Services is a leading direct banking and payment services company. The company is one of the largest card issuers in the United States and operates the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation’s leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories.

Last month, Discover and the Chamber of Digital Commerce hosted Discover Blockchain Technology - a blockchain code-a-thon - which included more than 200 participants focused on developing solutions that showcased innovative developments in payment processing, regulatory technology and digital identity.

“The Chamber of Digital Commerce has developed an impressive platform of industry-leading innovators,” said Joe Bonefas, Vice President - Business Technology: Strategy & Innovation at Discover. “We are pleased to join the Chamber and looking forward to further exploring how we can achieve a brighter financial future through the power of blockchain.”

“We are thrilled to welcome Discover to the Chamber’s Executive Committee,” said Perianne Boring, Founder and President of the Chamber of Digital Commerce. “As a globally recognized leader in payment processing networks, Discover’s expertise and commitment to innovation will strengthen the Chamber’s team of more than 160 member companies dedicated to advancing blockchain-based technologies.”

“As Chairman of the Chamber of Digital Commerce, I’ve witnessed first-hand the extraordinary growth of this leading blockchain organization, it’s membership and the industry,” said Matthew Roszak, Co-founder of Bloq and Chairman of the Chamber. “I’m honored and thrilled to welcome Discover Financial Services, a world-class leader in the financial, banking and payments space to the Chamber.”

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