R3 started out as a consortium and grew fast. Now it is reportedly waiting to see where fate takes it next.
Corda News
Corda is an open source enterprise blockchain platform designed to record, manage and synchronise agreements and transfer value. It allows firms build interoperable blockchain networks that transact directly, in strict privacy. It is built by R3, an enterprise blockchain software firm based in New York. While Corda remains open source at its core, in 2018 R3 launched Corda Enterprise to enable certain types of businesses to integrate blockchain technology across their operations rapidly and efficiently.
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The Sveriges Riksbank said that CBDC technology still requires further investigation.
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Chinese banks will soon have access to a permissioned version of the Corda Enterprise infrastructure via the country's Blockchain Service Network.
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A major global blockchain trade network welcomes one of Russia’s largest banks.
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HSBC Bangladesh has completed the country’s first blockchain-powered cross-border trade settled using a letter of credit.
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Bangladesh is now on the blockchain map.
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R3’s widely-used open source blockchain platform Corda now supports the DAML smart contract language.
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The Singapore Fintech Association and R3 have entered a partnership to provide startups in the SFA network with access to R3’s Corda blockchain.
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The Linux Foundation has launched the ToIP Foundation, a new cross-industry coalition that aims to provide a trusted exchange of data over the internet.
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Nasdaq is partnering with the blockchain solution provider R3 to build institution-grade digital assets and marketplaces.
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SBI Holdings will start implementing R3 blockchain-consortium technology in their Foreign Exchange services.
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Flagship global airline KLM Royal Dutch Airlines is using blockchain to facilitate intercompany settlements process with its subsidiaries.
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BCB Group, a British crypto firm that provides services to exchanges like Coinbase and Bitstamp, is now officially approved by U.K. financial watchdog, the FCA.
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Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency project for cross-border payments.
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In Q4 2019, Hyperledger’s Fabric open source blockchain software overtook R3’s Corda in terms of developer activity.
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