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In a letter to Cointelegraph, R3 CEV has refuted claims it researched then abandoned Blockchain technology, saying its platform was “never designed” to use it.
When it seems like opening its Blockchain to all is the right thing for R3 consortium to do, considering all that it has endured in the month of November, Peter Todd, cites that it has similarities with Bitcoin.
The R3 Consortium is attempting to neutralize criticism on the ambiguity in the coding language and structure of permissioned ledgers by open sourcing its technology.
Though it has no native cryptocurrency, R3’s Corda will support digital currencies on its platform later as it churns out more beneficial products for the financial sector.
A Barclays team has demonstrated a derivative trade using Corda, a distributed ledger platform. What challenges does Corda have to overcome before becoming the future of derivative contracts?
Seeking to spur the adoption of distributed ledger technologies in financial systems, R3 and Microsoft start a strategic partnership.
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