Santiago Stock Exchange Set to Partner in Blockchain Consortium

A new blockchain project is being launched to help stabilize and improve Chile’s stock market and attract foreign investors.

The Santiago Stock Exchange (STE), Central Securities Depository (DCV), and the Global Trade Directory (GTD) are set to establish a blockchain association, in order to work on a Hyperledger blockchain initiative. This, according to a BNamericas report, released on August 27, 2019.

The Technology Consortium will be looking into various use cases for distributed ledger technology (DLT) in the nation’s financial industry. The Consortium will aim to work on projects that enhance communications for local and international investors participating in Chile’s stock exchange.

During the next 18 months, the association members are planning to establish the Business Blockchain Network. The new network will run on a set of nodes, which will allow for interconnectivity, in order to “reduce applications, times, and costs of administrative processes.”

José Antonio Martínez, the general manager of the Santiago Stock Exchange, said:

“Innovation is a strategic pillar for the Santiago Stock Exchange. Through this Consortium we seek to generate the best conditions for the stock and financial business, with innovative and world-class solutions,”

In 2018, the STE launched the Linux Foundation’s Hyperledger framework to enhance the exchange’s short selling and other financial products. The Hyperledger technology stack is an enterprise-level, permissioned (private) blockchain network.

Recently, the International Swaps and Derivatives Association (ISDA) also started using certain components of the Hyperledger software.

During the course of the next six months, the association intends to formally define and complete the project’s main objectives. The Consortium members will be seeking feedback from the concerned parties. Production releases could begin after the relevant details have been finalized.

Latin American Banking Service Provider to Conduct Bitcoin Blockchain-based Cross-Border Transfers

On August 13, 2019, Bantotal, a major Latin American banking technology company, partnered with crypto exchange Bitex, in order to conduct Bitcoin blockchain-based cross-border transactions.

Manuel Beaudroit, chief marketing officer at Bitex, said:

“The integration of Bitex into Bantotal program represents a major step in the breakthrough of blockchain technology in banking.”

Bantotal is a leading Uruguay-based banking service provider that serves more than 60 financial institutions in 14 different countries.

Approximately 20 million people use the company’s money management services, a Bantotal representative said.

IIT-Backed Kerala Blockchain Academy Selected As Partner for R3

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A screenshot of Kerala Blockchain Academy’s website
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Kerala Blockchain Academy has been selected as a general partner of R3, an enterprise blockchain software firm working with more than 300 organizations across multiple industries.

A press release said that KBA is an initiative of Government of the Indian state of Kerala, under Indian Institute of Information and Technology and Management – Kerala (IIITM-K), that explores the disruptive potential of the blockchain technology for achieving public good through capacity building to promote Research, Development and Entrepreneurship.

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The press release added that KBA has already designed a developer certification program on Corda blockchain, which will be launched next month. This program is reportedly meant for banking and technology professionals and includes training on Corda App development. KBA also provides in-person training on technologies such as Hyperledger and Ethereum.

The KBA came into prominence, early last year, when the Kerala-government run Indian Institute of Technology and Management had partnered with internationally renowned Blockchain Education Network to set up a first-of-its kind Blockchain Academy.

Michael Gord, founder and CEO, MLG Blockchain Consulting, was to launch the website. Gord is also an Advisory Board Member. Saji Gopinath, director at IITM had said, “The academy plans to explore the possibilities of leveraging blockchain technology for public good, capacity building initiatives and promoting disruptive innovations and entrepreneurship with blockchain technology.”

He had added, “Setting up the academy will be definitely a leap forward in Kerala’s efforts in becoming a national leader in the education, adoption and entrepreneurship promotional activities in the new age technological domains.”

Apart from that, last year in April, the Academy was selected as a member of Linux Foundation’s Hyperledger project, which was a huge achievement for India.

KBA was granted an associate membership in the project along with Cambridge University’s Centre for Alternative Finance. As a member, its role would include devising code bases and ledger frameworks of enterprise standards that can be used for easier business transactions around the globe. It might also work on some frameworks that aid in development of market oriented apps and hardware.

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KBA becomes general partner of R3 Corda

The Kerala Blockchain Academy (KBA), a State government initiative under the Indian Institute of Information Technology and Management, Kerala, (IIITM-K), has been chosen as a general partner of R3, a New York-based enterprise blockchain platform and technology firm enabling blockchain solutions in the financial sector.

The KBA has already designed a developer certification programme on Corda Blockchain and it will be rolled out from September, this year. This programme is meant for banking and technology professionals and includes training on Corda App development.

Apart from offering in-person classroom training on various Blockchain technologies such as Ethereum and Hyperledger, the KBA is the first government institution in the country to offer a developer programme on Corda Blockchain.

Many banks in Kerala have already started implementing Corda Blockchain-based solutions for their core banking systems. R3 Consortium leads an ecosystem of more than 300 organisations working together to develop distributed applications for usages in industries such as financial services and insurance.

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Ethereum to Join Hyperledger Consortium as First Public Blockchain

EthereumEthereum

Ethereum is expected to be the first public blockchain to be accepted on Hyperledger once the technical steering committee gives an okay to the adoption of ConsenSys’ Pantheon project.

Pantheon Project to be Part of Hyperledger

Pantheon, which is created by PegaSys, is a collection of Ethereum-based services that is built on Java. The Pantheon Ethereum client is important in developing enterprise applications that have features such as permissions and privacy.

If the proposal, which was sent on August 8, gets approved, the Pantheon project will change its name to HyperledgerBesu, besu meaning foundation or base in Japanese. With the approval, Pantheon’s protocol will be under Hyperledger, thus becoming part of a collection of projects such as HyperledgerSawtooth by Intel (NASDAQ:INTC) and Hyperledger Fabric by IBM (NYSE:IBM).

It is important to note that this will make Pantheon the first public blockchain to be incorporated under the umbrella of Hyperledger. Pantheon code will thus be published on the GitHub page and be open to contribution from other developers that are involved in the projects already. Besides the Ethereum public network, Pantheon also runs on private and test networks such as Gorli, Ropsten, and Rinkeby.

Burrow Code on Ethereum Virtual Machine

The foray of Hyperledger into Ethereum started with the Monax “Burrow” codebase, which was the first Ethereum Virtual Machine blockchain to be approved for the Hyperledger project. The approval brought Monax’s protocol under Hyperledger, joining Fabric and Sawtooth Lake. The Burrow code, just like Pantheon project, was also published on the proprietary GitHub pages and was open to contribution from various developers within the project.

>> Understanding the Difference Between Proof of Work and Proof of Stake

Then an incubation agreement gave Monax access to the Ethereum Virtual Machine, which is the part of the Hyperledger network that brings together the bytecode as well as executes the scripts on the network. Approval for incubation meant that Monax could use the licensed Apache version of the Ethereum Virtual machine to pave way for the development of other complex smart contracts.

The latest proposal comes days after R3, which is Hyperledger’s competitor, announced that it is hiring to expand its London office as well as open a second engineering hub.

Featured image: DepositPhotos © akulamatiau

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Ethereum to Join Hyperledger Consortium as First Public Blockchain

EthereumEthereum

Ethereum is expected to be the first public blockchain to be accepted on Hyperledger once the technical steering committee gives an okay to the adoption of ConsenSys’ Pantheon project.

Pantheon Project to be Part of Hyperledger

Pantheon, which is created by PegaSys, is a collection of Ethereum-based services that is built on Java. The Pantheon Ethereum client is important in developing enterprise applications that have features such as permissions and privacy.

If the proposal, which was sent on August 8, gets approved, the Pantheon project will change its name to HyperledgerBesu, besu meaning foundation or base in Japanese. With the approval, Pantheon’s protocol will be under Hyperledger, thus becoming part of a collection of projects such as HyperledgerSawtooth by Intel (NASDAQ:INTC) and Hyperledger Fabric by IBM (NYSE:IBM).

It is important to note that this will make Pantheon the first public blockchain to be incorporated under the umbrella of Hyperledger. Pantheon code will thus be published on the GitHub page and be open to contribution from other developers that are involved in the projects already. Besides the Ethereum public network, Pantheon also runs on private and test networks such as Gorli, Ropsten, and Rinkeby.

Burrow Code on Ethereum Virtual Machine

The foray of Hyperledger into Ethereum started with the Monax “Burrow” codebase, which was the first Ethereum Virtual Machine blockchain to be approved for the Hyperledger project. The approval brought Monax’s protocol under Hyperledger, joining Fabric and Sawtooth Lake. The Burrow code, just like Pantheon project, was also published on the proprietary GitHub pages and was open to contribution from various developers within the project.

>> Understanding the Difference Between Proof of Work and Proof of Stake

Then an incubation agreement gave Monax access to the Ethereum Virtual Machine, which is the part of the Hyperledger network that brings together the bytecode as well as executes the scripts on the network. Approval for incubation meant that Monax could use the licensed Apache version of the Ethereum Virtual machine to pave way for the development of other complex smart contracts.

The latest proposal comes days after R3, which is Hyperledger’s competitor, announced that it is hiring to expand its London office as well as open a second engineering hub.

Featured image: DepositPhotos © akulamatiau

If You Liked This Article Click To Share

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Ethereum to Join Hyperledger Consortium as First Public Blockchain

EthereumEthereum

Ethereum is expected to be the first public blockchain to be accepted on Hyperledger once the technical steering committee gives an okay to the adoption of ConsenSys’ Pantheon project.

Pantheon Project to be Part of Hyperledger

Pantheon, which is created by PegaSys, is a collection of Ethereum-based services that is built on Java. The Pantheon Ethereum client is important in developing enterprise applications that have features such as permissions and privacy.

If the proposal, which was sent on August 8, gets approved, the Pantheon project will change its name to HyperledgerBesu, besu meaning foundation or base in Japanese. With the approval, Pantheon’s protocol will be under Hyperledger, thus becoming part of a collection of projects such as HyperledgerSawtooth by Intel (NASDAQ:INTC) and Hyperledger Fabric by IBM (NYSE:IBM).

It is important to note that this will make Pantheon the first public blockchain to be incorporated under the umbrella of Hyperledger. Pantheon code will thus be published on the GitHub page and be open to contribution from other developers that are involved in the projects already. Besides the Ethereum public network, Pantheon also runs on private and test networks such as Gorli, Ropsten, and Rinkeby.

Burrow Code on Ethereum Virtual Machine

The foray of Hyperledger into Ethereum started with the Monax “Burrow” codebase, which was the first Ethereum Virtual Machine blockchain to be approved for the Hyperledger project. The approval brought Monax’s protocol under Hyperledger, joining Fabric and Sawtooth Lake. The Burrow code, just like Pantheon project, was also published on the proprietary GitHub pages and was open to contribution from various developers within the project.

>> Understanding the Difference Between Proof of Work and Proof of Stake

Then an incubation agreement gave Monax access to the Ethereum Virtual Machine, which is the part of the Hyperledger network that brings together the bytecode as well as executes the scripts on the network. Approval for incubation meant that Monax could use the licensed Apache version of the Ethereum Virtual machine to pave way for the development of other complex smart contracts.

The latest proposal comes days after R3, which is Hyperledger’s competitor, announced that it is hiring to expand its London office as well as open a second engineering hub.

Featured image: DepositPhotos © akulamatiau

If You Liked This Article Click To Share

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Ethereum to Join Hyperledger Consortium as First Public Blockchain

EthereumEthereum

Ethereum is expected to be the first public blockchain to be accepted on Hyperledger once the technical steering committee gives an okay to the adoption of ConsenSys’ Pantheon project.

Pantheon Project to be Part of Hyperledger

Pantheon, which is created by PegaSys, is a collection of Ethereum-based services that is built on Java. The Pantheon Ethereum client is important in developing enterprise applications that have features such as permissions and privacy.

If the proposal, which was sent on August 8, gets approved, the Pantheon project will change its name to HyperledgerBesu, besu meaning foundation or base in Japanese. With the approval, Pantheon’s protocol will be under Hyperledger, thus becoming part of a collection of projects such as HyperledgerSawtooth by Intel (NASDAQ:INTC) and Hyperledger Fabric by IBM (NYSE:IBM).

It is important to note that this will make Pantheon the first public blockchain to be incorporated under the umbrella of Hyperledger. Pantheon code will thus be published on the GitHub page and be open to contribution from other developers that are involved in the projects already. Besides the Ethereum public network, Pantheon also runs on private and test networks such as Gorli, Ropsten, and Rinkeby.

Burrow Code on Ethereum Virtual Machine

The foray of Hyperledger into Ethereum started with the Monax “Burrow” codebase, which was the first Ethereum Virtual Machine blockchain to be approved for the Hyperledger project. The approval brought Monax’s protocol under Hyperledger, joining Fabric and Sawtooth Lake. The Burrow code, just like Pantheon project, was also published on the proprietary GitHub pages and was open to contribution from various developers within the project.

>> Understanding the Difference Between Proof of Work and Proof of Stake

Then an incubation agreement gave Monax access to the Ethereum Virtual Machine, which is the part of the Hyperledger network that brings together the bytecode as well as executes the scripts on the network. Approval for incubation meant that Monax could use the licensed Apache version of the Ethereum Virtual machine to pave way for the development of other complex smart contracts.

The latest proposal comes days after R3, which is Hyperledger’s competitor, announced that it is hiring to expand its London office as well as open a second engineering hub.

Featured image: DepositPhotos © akulamatiau

If You Liked This Article Click To Share

Related:

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Ethereum to Join Hyperledger Consortium as First Public Blockchain

EthereumEthereum

Ethereum is expected to be the first public blockchain to be accepted on Hyperledger once the technical steering committee gives an okay to the adoption of ConsenSys’ Pantheon project.

Pantheon Project to be Part of Hyperledger

Pantheon, which is created by PegaSys, is a collection of Ethereum-based services that is built on Java. The Pantheon Ethereum client is important in developing enterprise applications that have features such as permissions and privacy.

If the proposal, which was sent on August 8, gets approved, the Pantheon project will change its name to HyperledgerBesu, besu meaning foundation or base in Japanese. With the approval, Pantheon’s protocol will be under Hyperledger, thus becoming part of a collection of projects such as HyperledgerSawtooth by Intel (NASDAQ:INTC) and Hyperledger Fabric by IBM (NYSE:IBM).

It is important to note that this will make Pantheon the first public blockchain to be incorporated under the umbrella of Hyperledger. Pantheon code will thus be published on the GitHub page and be open to contribution from other developers that are involved in the projects already. Besides the Ethereum public network, Pantheon also runs on private and test networks such as Gorli, Ropsten, and Rinkeby.

Burrow Code on Ethereum Virtual Machine

The foray of Hyperledger into Ethereum started with the Monax “Burrow” codebase, which was the first Ethereum Virtual Machine blockchain to be approved for the Hyperledger project. The approval brought Monax’s protocol under Hyperledger, joining Fabric and Sawtooth Lake. The Burrow code, just like Pantheon project, was also published on the proprietary GitHub pages and was open to contribution from various developers within the project.

>> Understanding the Difference Between Proof of Work and Proof of Stake

Then an incubation agreement gave Monax access to the Ethereum Virtual Machine, which is the part of the Hyperledger network that brings together the bytecode as well as executes the scripts on the network. Approval for incubation meant that Monax could use the licensed Apache version of the Ethereum Virtual machine to pave way for the development of other complex smart contracts.

The latest proposal comes days after R3, which is Hyperledger’s competitor, announced that it is hiring to expand its London office as well as open a second engineering hub.

Featured image: DepositPhotos © akulamatiau

If You Liked This Article Click To Share

Related:

  • No Related Posts

Ethereum to Join Hyperledger Consortium as First Public Blockchain

EthereumEthereum

Ethereum is expected to be the first public blockchain to be accepted on Hyperledger once the technical steering committee gives an okay to the adoption of ConsenSys’ Pantheon project.

Pantheon Project to be Part of Hyperledger

Pantheon, which is created by PegaSys, is a collection of Ethereum-based services that is built on Java. The Pantheon Ethereum client is important in developing enterprise applications that have features such as permissions and privacy.

If the proposal, which was sent on August 8, gets approved, the Pantheon project will change its name to HyperledgerBesu, besu meaning foundation or base in Japanese. With the approval, Pantheon’s protocol will be under Hyperledger, thus becoming part of a collection of projects such as HyperledgerSawtooth by Intel (NASDAQ:INTC) and Hyperledger Fabric by IBM (NYSE:IBM).

It is important to note that this will make Pantheon the first public blockchain to be incorporated under the umbrella of Hyperledger. Pantheon code will thus be published on the GitHub page and be open to contribution from other developers that are involved in the projects already. Besides the Ethereum public network, Pantheon also runs on private and test networks such as Gorli, Ropsten, and Rinkeby.

Burrow Code on Ethereum Virtual Machine

The foray of Hyperledger into Ethereum started with the Monax “Burrow” codebase, which was the first Ethereum Virtual Machine blockchain to be approved for the Hyperledger project. The approval brought Monax’s protocol under Hyperledger, joining Fabric and Sawtooth Lake. The Burrow code, just like Pantheon project, was also published on the proprietary GitHub pages and was open to contribution from various developers within the project.

>> Understanding the Difference Between Proof of Work and Proof of Stake

Then an incubation agreement gave Monax access to the Ethereum Virtual Machine, which is the part of the Hyperledger network that brings together the bytecode as well as executes the scripts on the network. Approval for incubation meant that Monax could use the licensed Apache version of the Ethereum Virtual machine to pave way for the development of other complex smart contracts.

The latest proposal comes days after R3, which is Hyperledger’s competitor, announced that it is hiring to expand its London office as well as open a second engineering hub.

Featured image: DepositPhotos © akulamatiau

If You Liked This Article Click To Share

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