September 02, 2016 BY LeapRate Staff
China Merchants Bank become second Chinese firm to join R3 distributed ledger consortium
The R3 distributed ledger consortium has announced that Chinese banking giant China Merchants Bank Co. Ltd (SHA:600036) has become the latest member to join R3. China Merchants Bank, or CMB, becomes the second major China-based group to join R3. We had earlier reported that Ping An Financial Services Group had become an R3 member back in May. The R3…
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