The American distributed ledger technology advocacy group – the Wall Street Blockchain 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.