R3 News

R3 is an enterprise software firm which focuses on distributed database technology. It leads a consortium of over 200 members, such as financial institutions, banks, trade associations and fintech companies. The main aim of R3’s consortium is to develop Corda – an open-source distributed ledger platform, designed to work within finance to operate complex transactions and restrict access to transaction data. Corda has also garnered the interest of healthcare institutions, the insurance industry, and governments. Although R3 was inspired by blockchain, Corda is not designed to be a traditional blockchain platform. Corda does not have its own cryptocurrency, can only share data with the required participants and offers interoperable applications for finance and commerce (called CorDapps). Corda is gradually being implemented into the financial industry, being used for the transactions of Credit Suisse and IGN, while continuing to gather more and more partners for R3.

News
Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency project for cross-border payments.
Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments
Helen Partz
2020-01-22T13:39:00+00:00
3491
News
Recent research from the European Central Bank showed that it is possible to develop a central bank digital currency payment system that protects user privacy.
Private Payment System for Central Bank Digital Currency Possible, Says ECB
Ana Alexandre
2019-12-17T14:33:00+00:00
5339
News
Multinational IT services giant Tata Consultancy Services launched the Quartz DevKit, which the firm claims can build blockchain apps 40% faster.
Tata Consultancy Services Launches Blockchain App Deployment Kit
Adrian Zmudzinski
2019-12-16T12:49:00+00:00
7551
News
The Marco Polo Network, a trade finance network co-developed by major blockchain firm R3, has completed its largest finance trial to date.
R3’s Marco Polo Runs Largest Trade Finance Trial With Over 70 Members
Helen Partz
2019-12-16T12:09:00+00:00
1703
News
CULedger, a blockchain consortium and credit union service organization, has successfully completed a pilot project together with three American credit unions.
CULedger Pilots Blockchain Identity Solution With Three US Credit Unions
Marie Huillet
2019-12-16T09:50:00+00:00
1674
News
Commerzbank, Credit Suisse and UBS carried out the first transactions on Deutsche Boerse and HQLAX’s DLT-enabled security lending platform.
Deutsche Boerse’s DLT Security Lending Platform Sees First Transactions
Adrian Zmudzinski
2019-12-03T14:45:00+00:00
2476
News
U.S. financial services giant BNY Mellon has joined R3’s blockchain trade finance network, the Marco Polo Network.
BNY Mellon Officially Joins Blockchain-Based Marco Polo Network
Helen Partz
2019-11-26T16:22:00+00:00
2976
Hodler’s Digest
Binance and Bithumb deny their Shanghai offices have been raided by Chinese police, and Bitcoin completely wipes out the gains from its October rally.
Binance Denies Police Raid, Bitcoin Wipeout, Facebook ‘Stupid’: Hodler’s Digest, Nov. 18–24
Thomas Simms
2019-11-24T20:26:00+00:00
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