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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?
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.
Seeking to spur the adoption of distributed ledger technologies in financial systems, R3 and Microsoft start a strategic partnership.
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