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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.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

CLS, a provider of foreign exchange settlements, has invested $5 mln in blockchain startup R3.

Forex Settlement Provider CLS Invests in Blockchain Consortium R3

2018-05-31T02:52:00+01:00

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Bangkok Bank has become the latest institution to join a trade finance initiative from R3 and TradeIX.

Biggest Thai Bank Joins R3 Consortium’s Trade Finance Pact Marco Polo

2018-05-25T14:49:00+01:00

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LG CNS, a subsidiary of South Korean LG Corporation has recently launched its own blockchain service, Yonhap News reports.

S. Korean Media: Electronics Giant LG Launches Own Blockchain Service ‘Monachain’

2018-05-13T13:23:00+01:00

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2018 will see central banks launching wholesale digital currencies on Blockchain platforms, R3 researcher says.

R3 Researcher Predicts Central Bank Digital Currency Will Kick Off In 2018

2018-04-06T01:37:00+01:00

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Deutsche Börse Group has partnered with HQLAx in order to create a securities lending platform using R3’s Corda Blockchain platform.

German Securities Exchange Deutsche Börse Group Partners With HQLAx For Blockchain Platform

Molly Jane Zuckerman

2018-03-26T17:08:00+01:00

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Blockchain developer Ripple has lost its opportunity to fight against R3 in its home state California. Now, the case is expected to be settled by a New York cou...

R3 v. Ripple Lawsuit To Be Decided In NY As XRP Loses Its Appeal To CA Court

2018-03-13T20:09:00+00:00

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Financial service groups Credit Suisse and ING have completed the first successful transfer of about $30 mln in securities on R3’s blockchain platform.

European Banks Complete First Live Securities Transfer On R3’s Blockchain Platform

Molly Jane Zuckerman

2018-03-04T17:25:00+00:00

48642

A poll has shown that people would respond favorably to the creation of an Amazon digital currency, while Starbucks hinted at launching its own Blockchain-based...

Poll Shows People Want An Amazon Cryptocurrency, Starbucks Hints Of A Blockchain App

Molly Jane Zuckerman

2018-03-04T15:50:00+00:00

46671