Friday, April 08, 2016

Block chain technology just left the station:

J.P. Morgan Chase & Co. and Citigroup Inc. Red Hat Microsoft & Bitcoin join the party 

Posted by CotoBlogzz

Banks including J.P. Morgan Chase & Co. and Citigroup Inc. have successfully tested the record-keeping technology behind bitcoin on credit-default swaps,  the DTCC, the bank-owned utility for settling trades, announced its first test of an application of blockchain, for repo trades, Red Hat is offering upstart financial types the opportunity to play with blockchain tech on its OpenShift platform AND Microsoft struck a deal to investigate blockchain tech in partnership with major financial institutions. 

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