SIA, Quant Network explore blockchain applications for banks

Thursday 6 June 2019 08:18 CET | News

SIA and Quant Network have teamed up to explore blockchain interoperability and the creation of agnostic cross-platform applications and services for banks and financial institutions.

The partnership agreement aims to integrate the SIAchain infrastructure into Quant Network’s blockchain operating system Overledger to develop and implement blockchain and DLT based applications spanning different technologies.
The first interoperability tests will be executed on R3’s Corda and private Ethereum platforms.

SIAchain is a private infrastructure leveraging on 570 European network nodes within SIAnet that supports financial institutions, corporates and public administration bodies in developing and implementing applications based on blockchain technology.

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Keywords: SIA, blockchain, banks, financial institutions, partnership, blockchain, payments, Quant Network, DLT
Countries: World