Companies involved in blockchain projects are introducing practical implementations of the technology, and financial institutions are among those interested in how they can use distributed ledger technology.
IBM Corp. recently rolled out a service called IBM Blockchain that lets businesses build applications on its cloud with code from the Hyperledger Project, a cross-industry blockchain project. Along with IBM, some of the Hyperledger’s premier members include financial institutions like American Express Co., CME Group Inc. and JPMorgan Chase & Co. The organization is actively tracking proofs of concept in the financial industry.
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