Thirteen top banks, including HSBC and Deutsche Bank, have joined a consortium led by financial tech firm R3 that is working on a framework for using blockchain technology in markets, a spokesman for the firm said on Tuesday.
Nine other banks had already signed up to the initiative, which represents the first time banks have collaborated on how the technology that underpins bitcoin – a controversial, web-based "cryptocurrency" – can be used in finance.
The other […]
