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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.

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Asset management firm Fidelity Investments has become the first financial member of alternative Blockchain research group IC3.

Spot the Difference? “IC3” Blockchain Group Gains First Financial Member

2017-04-10T13:00:00+01:00

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Anticipating the largest international Blockchain-related event, Cointelegraph had a chat with Jens Hermann Paulsen, Senior Consultant at Deloitte Blockchain In...

Blockchain Platforms Like Hyperledger More Promising Than R3’s Corda: Deloitte

2017-04-03T18:59:00+01:00

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R3 Consortium has invited the Sri Lankan central bank to join its list of members after a “very positive” discussion.

Sri Lanka Central Bank Offered R3 Membership After ‘Very Positive Discussion’

2017-03-29T12:41:00+01:00

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The R3 Consortium has gained its first regulatory member in the form of the Illinois Department of Financial and Professional Regulation.

Illinois First Regulator to Join “Distributed Ledger” R3 Consortium

2017-03-17T14:55:00+00:00

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R3 CEV appears to have altered its own publicity materials away from Blockchain at the same time as accusing media outlets of libel.

R3 Appears to Alter Tweet While Accusing Media Of Libel Over Blockchain Identity

2017-02-27T17:19:00+00:00

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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.

R3 Rebuts Claims Blockchain Research Was Money Wasted

2017-02-27T12:23:00+00:00

810

Commentators have poured scorn on R3 after the banking startup announced it “no longer needs” Blockchain.

We Don’t Need Blockchain: R3 Consortium After $59 Million Research

2017-02-22T16:33:00+00:00

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Ethereum co-founder Joe Lubin and Sandeep Kumar, Managing Director of Synechron, on what’s next for blockchain in financial services in 2017.

Blockchain Mini-Consortiums, New DApps: What’s Next for Financial Services in 2017

2017-01-27T09:20:00+00:00

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