Two, Houston area software developers--TPG Software and TerraLedger--said Thursday afternoon that they have partnered on an effort to bring Blockchain technology to TPG's customers. According to the two, they are in a strategic partnership, which will bring Terraledger's distributed ledger blockchain technology to TPG's bank, broker-dealer, and credit union customers. Financial details of thedeal were not disclosed. TerraLedger is applying Blockchain--the cryptocurrency technology behind Bitcoin--for tracking financial transactions.
TPG Software is a Texas-based investment accounting software that offers solutions such as risk management and post-trade processing for the financial services industry.