TU Delft and ABN AMRO to Team up on Open Source Blockchain Development

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Dutch University of Technology is set to collaborate with Netherlands’ bank ABN AMRO on the development of more complex Blockchain applications. The aim is to deliver a secure, working application in just six months. In addition to developing the application, ABN AMRO staff will also attend courses on Blockchain applications in the TU Delft Blockchain Lab.

Practical application

Arjan van Os, Head of the ABN AMRO Innovation Centre, describes the situation.

“We are delighted to be able to work with an expert partner like TU Delft. This offers us an excellent opportunity to expand our knowledge and gain a deeper understanding of the ways in which Blockchain applications can be used. The fact that it is being approached from a scientific perspective makes it especially interesting.”

Blockchain Lab @TU Delft

The application will be based on previous work done at TU Delft on Blockchain technology, which was recently amalgamated within the Blockchain Lab. TU Delft has been working on Blockchain since 2007, when the specialism was still known as distributed accounting systems.

The research at TU Delft focuses on practical applications: developing next-generation Blockchain technology that can deal reliably and appropriately with large amounts of data and large numbers of users. 

All of the code developed will be open source. During this phase, dummy data will be used exclusively, rather than data from bank customers.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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