'Common Accord' in Consensus Décentralisé - Blockchains - Smart Contracts - Decentralized Consensus

Tags
Current selected tag: 'Common Accord'. Clear

Scorechain joins LaBChain, first banking-finance-insurance European Consortium dedicated to Blockchain Technology | Consensus Décentralisé - Blockchains - Smart Contracts - Decentralized Consensus | Scoop.it

From www.scorechain.com - February 16, 2017 9:32 AM

Scorechain rejoint LaBChain, le premier consortium européen banque-finance-assurance dédié à la technologie Blockchain.

En tout LaBChain intègre 8 nouveaux partenaires : Allianz, Groupama, OFI Asset Management, RCI Bank and Services ainsi que les start-ups BELEM, Scorechain, Stratumn et Utocat.

Le consortium rassemble désormais autour de la Caisse des Dépôts 26 partenaires banquiers1, asset managers, assureurs, mutualistes, start-ups, entreprises industrielles et associations.

Lancé par la Caisse des Dépôts en décembre 2015, LaBChain est le laboratoire d’innovation dédié aux technologies de registres distribués afin de mutualiser les démarches d’exploration et d’anticiper collectivement les opportunités et impacts de cette rupture technologique, en priorité dans les métiers de la banque-finance-assurance. Cette initiative soutient également le développement de l’écosystème français Blockchain en organisant ses travaux autour de partenariats entre grands groupes et start-ups.

Pour rappel, LaBChain s’organise autour de :

Une académie de « Learn » dédiée aux collaborateurs des partenaires LaBChain à la  technologie Blockchain ;
Un « Do Tank », où chaque partenaire met à disposition des ressources en vue d’identifier et  de prototyper, en mode agile, les scénarii d’implémentation possibles de cette technologie, et de partager des cas d’usages concrets et réalisables par une ou plusieurs des parties prenantes de la Blockchain. A ce jour, plusieurs expérimentations (POC) ont été menées ou sont en cours, notamment sur l’identité numérique et le KYC ou la gestion du collateral titres ;
Un « Think Tank » afin de répondre aux questions soulevées par les travaux du « Do Tank » et d’approfondir la réflexion sur les enjeux de cette technologie, en lien avec les partenaires institutionnels régulateurs.

1. Allianz, AXA, Aviva France, BNP Paribas, CNP Assurances, Crédit Agricole, Groupama, Groupe BPCE, La Banque Postale, La MAIF, OFI Asset Management, RCI Bank and Services, Société Générale, BELEM, Blockchain Solutions, Cellabz, CommonAccord, IBM, Ledger, OCTO Technology, Paymium, Scorechain, Stratumn, Utocat, PME Finance, Pôle de compétitivité Finance Innovation

How Barclays Used R3's Tech to Build a Smart Contracts Prototype - CoinDesk | Consensus Décentralisé - Blockchains - Smart Contracts - Decentralized Consensus | Scoop.it

From www.coindesk.com - April 29, 2016 12:44 PM

UK banking giant Barclays took another step toward positioning itself at the forefront of innovators in the blockchain sector last week with the news it had become the first to trial Corda, a new distributed ledger platform from partner R3CEV.

The prototype, demoed at the Barclays Accelerator in London last week, follows a particularly active period for Barclays, which earlier this month revealed it would provide banking services to blockchain payments startup Circle, and earlier this year, participated in a test of a private version of the Ethereum blockchain with 11 R3 member banks.

In interview, Dr Lee Braine of the Investment Bank CTO Office at Barclays, spoke to what it described as a broader need for leadership from the banking industry should the industry want blockchain technology to “reach maturity”.

Braine said that Barclays aims to devote time and expertise to the ecosystem, specifically to areas where banks have more experience than innovators. In particular, he cited Barclays and its drive to create smart contracts templates, as an example of this ongoing work.

Braine told CoinDesk:

"What we’ve been doing in the last year, working with other banks through consortium and directly with startups, has been providing feedback around tech… In this case, we have subject matter expertise around legal documentation around the bank. Startups may not have that, so we thought by showcasing this, we’d look to encourage other banks to move into this space."

To Braine, step one for the proof-of-concept was to determine how blockchain-based smart contracts could be connected to real-world legal contracts. This possibility, he said, could enable the simplification of legal documentation, while mutualizing costs.

Braine said that Barclays approached the challenge by devoting a full team to its incubator program for the project, during which these employees liaised heavily with internal legal teams working on derivatives.

"We’ve taken in their preferences in order to build the interface," Braine said. "The lifecycle, the workflow ... these aspects were driven by the legal document automation team."

But Barclays is not alone in identifying this area as one where blockchain and distributed ledger tech could play a role. Industry startup CommonAccord, incubated in the BNP Paribas accelerator, has also set its sights on codifying and automating legal contracts.

Scorechain joins LaBChain, first banking-finance-insurance European Consortium dedicated to Blockchain Technology

How Barclays Used R3's Tech to Build a Smart Contracts Prototype - CoinDesk