Hewlett Packard Enterprise to launch blockchain project

Hewlett Packard Enterprise is developing the blockchain based product called "Mission Critical Distributed Ledger Technology"
13 November 2017   588

Technology giant Hewlett Packard Enterprise will launch new blockchain product in 2018. This is reported by the CoinDesk.

The initial idea comes months after customers of the company began software solutions built around the blockchain. By using the distributed ledger startup R3's Corda platform as an underlying basis, HPE is planning to offer services around payments and identity, among others. The two companies announced their partnership in June.

The product named the "Mission Critical Distributed Ledger Technology" is being announced to enterprises as an addition of cloud-based services. It's also the first of what HPE indicated will be a number of product offerings that utilize blockchain.

Enterprises interested in blockchain are realizing that public cloud alone does not always meet their non-functional requirements.
 

Raphael Davison

Blockchain director, Hewlett Packard Enterprise

According to Fortune, HPE has already sold some versions of their produced privately to financial services companies.

Exact launch date wasn't set, but HPE indicated that it would come in "early 2018." 

Fidelity Investments to Launch BTC & ETH Platform

New platform is designed for institutional investors
16 October 2018   137

One of the world's largest asset managers, Fidelity Investments, announced the launch of a unit focused on providing institutional investors with Bitcoin and Ethereum services. The Forbes reports.

The new division received the name Fidelity Digital Assets and, possessing a staff of 100 employees, will provide a platform for trading cryptocurrencies and consulting services 24/7.

The platform already has first customers, but its launch for a wider range of investors is scheduled for the beginning of 2019.

This is a recognition that there is institutional demand for these assets as a class. Family offices, hedge funds, other sophisticated investors are starting to think seriously about this space.
 

Tom Jessop

Founding head, Fidelity Digital Assets

In particular, Fidelity Digital Assets will offer a transaction service that, using internal cross-connect and order routers, will trade through third-party liquidity providers.

One of the most popular offers by the company can also be a service for storing Bitcoin and other cryptocurrencies. It is physical storage, distributed in different geographical locations and offering the so-called "cold" storage of digital assets. This way of storing cryptocurrencies without access to the Internet and with a multi-level control system is considered to be one of the safest and most resistant to hacking today.

As the CEO of Fidelity Investments, Abigail Johnson, said, the goal of the new platform is to make digital assets like Bitcoin more accessible to investors.

Fidelity Investments is considered the fifth largest asset manager in the world, offering investment and custody services to 13,000 consulting firms and brokers. In total, the company manages assets worth $ 7.2 trillion.