“Blockchain is a coordination technology. You can’t be the only one writing it.”
The insurer is teaming up with Red Hat to become faster and nimbler across markets and products.
CTO Max Nam-Storm leads the effort to buttress the firm’s global ambitions through tech.
Banks can compete against Big Tech – with the help of fintech, says Standard Chartered’s chief data officer.
R3 has pivoted from its initial ambition of rolling out blockchain apps, to focus on the foundational technology.
But as use cases proliferate for distributed ledgers, so do vendors, coding languages, and the number of emerging intermediaries.
Many commercial uses for blockchain technology will originate from the open-sourced community of Hyperledger.