Calypso Technology Joins Wall Street Blockchain Alliance

The American distributed ledger technology advocacy group - the Wall Street Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term Alliance (WSBA) - has announced that Calypso Technology, a global provider of front-to-back solutions for the financial markets, has joined the non-profit trade association as a corporate member.

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Commenting on the membership announcement, Ron Quaranta, Chairman of the WSBA, said: “We are very pleased to have Calypso join the WSBA as one of our premier corporate members. Given the depth and breadth of their expertise in financial markets, as well as their innovative approach to blockchain and other disrupting technologies, we are confident that collaborating with Calypso on behalf of their customers and WSBA members will provide deep and lasting benefit for all parties. We look forward to many collaborative efforts with our colleagues at Calypso in the near future.”

Jean Safar, Chief Architect at Calypso, added: “We are delighted to join the WSBA. Blockchain has the potential to substantially improve both the efficiency and the transparency of the financial services industry, and the WSBA is dedicated to facilitating that transition. We are excited about the opportunity to work with both their leadership and member firms as we explore the various applications of the distributed ledger. Our participation in the WSBA will enhance our existing blockchain research and development, allowing us to bring innovative solutions to market faster.”

Back in June, the WSBA Chairman Quaranta joined Loyyal, the blockchain and smart contracts platform for loyalty and rewards (formally known as Ribbit.me), as Executive Vice President for Business and Strategy Development.