ING Bank Strikes 5 Year Agreement with R3

ING Bank has come to a 5 year agreement with R3 that will allow the bank to have an unlimited number of commercial blockchain platform licenses; ING can now launch CorDapps for trade finance, identity, insurance and capital markets; “ING has been an enthusiastic adopter of blockchain technology and a valued long-term partner to R3,” says David E. Rutter, CEO of R3, to Banking Technology; R3 launched the open shared blockchain network Corda Network last week. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.