08/11/19 02:50 UTC-5

Standard Chartered joins the Enterprise Ethereum Alliance

British Standard Chartered transnational banking giant, with total assets of more than 685 billion dollars, has joined the Alliance Enterprise Ethereum.


Standard Chartere at Enterprise Ethereum

Standard Chartered will also collaborate with other industry leaders to strengthen research and the application of blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
in the banking sector. 

Other banking giants, such as JPMorgan, ING, Citi and the Spanish BBVA banking group, are also members of the alliance, as the latest cryptocurrency news has shown.  

The alliance's goal is to develop the Ethereum blockchain as an open standard for expanding the capabilities of enterprises.

Standard Chartered states that: “it considers blockchain as a central element of banking and commerce in the digital age, where transactions can be verified, secured and processed in real time.”

Interesting in the section: Debris in space will be removed using the Ethereum blockchain

  • Standard Chartered is one of the founders of the Voltron blockchain tradingTrading
    – is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details

See also: "The government of Shanghai creates a blockchain alliance to improve trade"

#StandardChartered #cooperation #alliance #Ethereum

Editor: Yuliya Soroka