A major global blockchain trade network welcomes one of Russia’s largest banks.
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.
HSBC Bangladesh has completed the country’s first blockchain-powered cross-border trade settled using a letter of credit.12371
Bangladesh is now on the blockchain map.8682
R3’s widely-used open source blockchain platform Corda now supports the DAML smart contract language.4657
The Singapore Fintech Association and R3 have entered a partnership to provide startups in the SFA network with access to R3’s Corda blockchain.2587
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.7099
Nasdaq is partnering with the blockchain solution provider R3 to build institution-grade digital assets and marketplaces.4486
SBI Holdings will start implementing R3 blockchain-consortium technology in their Foreign Exchange services.2854
Flagship global airline KLM Royal Dutch Airlines is using blockchain to facilitate intercompany settlements process with its subsidiaries.2490
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.3358
Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency project for cross-border payments.4587
In Q4 2019, Hyperledger’s Fabric open source blockchain software overtook R3’s Corda in terms of developer activity.2731
Multinational IT services giant Tata Consultancy Services launched the Quartz DevKit, which the firm claims can build blockchain apps 40% faster.7979
The Marco Polo Network, a trade finance network co-developed by major blockchain firm R3, has completed its largest finance trial to date.2489
U.S. financial services giant BNY Mellon has joined R3’s blockchain trade finance network, the Marco Polo Network.3710