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Major Dutch bank bets on NY blockchain firm with 5-year deal


Dutch multi-national banking giant ING has signed a five-year deal with a blockchain services firm to roll out distributed ledger tech into a range of business areas ING will join forces with R3 to obtain an unlimited number of licenses for its commercial (read: private permissioned) blockchain platforms  Corda Enterprise platform and CorDapps. Specifically how ING will make use of these licenses remains unclear, however it seems the bank is intent on developing usable solutions in the near future. “We are one step closer to deploying live DLT solutions for our clients with the supported infrastructure in place,” said Head…

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