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.

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