Washington DC-based Chamber of Digital Commerce, one of the leading global blockchain trade associations, announced today that Toronto-based TD Bank Group (NYSE: TD) has joined the Chamber’s Executive Committee to work together to promote the acceptance and use of digital assets and related technologies with the goal of developing a pro-growth legal environment that fosters innovation, jobs, and investment.
TD had Can$ 1.3 trillion in assets as of April 30, 2017, and ranks among the world’s leading online financial services firms with approximately 11.5 million active online and mobile customers.
Chris Owen, vice president, Enterprise Shared Platforms, Blockchain at TD said:
“There is no denying that there is a tremendous opportunity to apply blockchain technologies in the world of finance, to provide better, more secure and more economical banking services.”
“However, unlocking this potential will take collaboration and we look forward to working with the Chamber and its members to nurture this thriving ecosystem and accelerate the adoption of blockchain technology.”
Chamber Founder and President Perianne Boring said:
“We are excited to welcome TD as our first Canadian bank to the Chamber’s Executive Committee. TD thought leadership is greatly valued as we work together to improve the global financial system with blockchain and distributed ledger technology.”