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Saturday, October 23, 2021
Home News TU Delft and ABN AMRO to Team up on Open Source Blockchain...

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

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.

Richard Kasteleinhttps://www.the-blockchain.com
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, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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