Russia-based Commercial Bank owned by Japanese SBI Holdings Joins R3 Consortium

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    The SBI Bank LLC, a Russia-based commercial bank owned by Japanese financial giant SBI Holdings, is joining the New York City-based banking consortium R3

Cover image via U.Today

SBI Bank LLC, a Russia-based commercial bank owned by Japanese financial giant SBI Holdings, is joining the New York City-based banking consortium R3. The bank said it aims to join the financial group to advance R3's Corda distributed ledger (DLT) platform, and push cross-industry adoption of blockchain technology.

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About the author

George Shnurenko is a Bitcoin and cryptocurrency enthusiast, financial analyst and writer. He's majoring in history but he believes that the digital currency which has taken the world by storm will bring about change to all us humans. 

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