Cryptocurrency GIANT Coinbase has announced on Tuesday a massive Series E funding round that values the company at $8 billion.
US banking giant JPMorgan Chase Bank’s blockchain, Quorum, will be used to “tokenize” gold bars. Quorum is the enterprise version of the Ethereum blockchain, developed by JPMorgan Chase, will ensure users operate smart contracts while using pre-programmed rules to automate them.
R3 is an enterprise software firm which focuses on distributed database technology. It leads a consortium of over 200 members, such as financial institutions, banks, trade associations and fintech companies.