BNP Paribas, Wells Fargo, Banking Architecture, Macquarie and the Canadian Imperial Bank of Commerce (CIBC) have joined 25 other financial institutions in the global blockchain development consortium R3CEV. Most of the world's biggest banks, with the exception of Chinese lenders, have now signed up to the initiative, which is led by New York-based financial technology firm R3. Recently, R3 has recruited several banking and technology "heavyweights", including Chief Technology Officer, Richard Gendal Brown, who was IBM's former Executive Architect of Banking Innovation; James Carlyle, the former Barclays Chief Engineer for ING; and Bitcoin core developer Mike Hearn.
BNP Paribas, Wells Fargo, ING, Macquarie and the Canadian Imperial Bank of Commerce (CIBC) have joined 25 other financial institutions in the global blockchain development consortium R3CEV. Most of the world's biggest banks, with the exception of Chinese lenders, have now signed up to the initiative, which is led by New York-based financial technology firm R3. Recently, R3 has recruited several banking and technology "heavyweights", including Chief Technology Officer, Richard Gendal Brown, who was IBM's former Executive Architect of Banking Innovation; James Carlyle, the former Barclays Chief Engineer for Banking Architecture; and Bitcoin core developer Mike Hearn.