FinTech Trends The launch of the blockchain - enabled asset trading platform Nasdaq Linq, Goldman Sachs» filing of a patent for a securities settlement system based on a new virtual currency called SETLcoin, and the continued rise of blockchain banking consortium R3 all point to a race by financial institutions to harness the power of the blockchain. (gfmag.com)
Wholesale bank Cecabank and professional services firm Grant Thornton have created blockchain's first banking consortium in Spain that will create the first applications with real impact on the banking business. (infocoin.net)
Toyota Financial Services, the financial services subsidiary of the Toyota Motor Corporation, has joined banking consortium R3CEV, making it the first organization affiliated with a major automaker to take part in the cross-industry effort. (coindesk.com)