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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

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The R3 Consortium is attempting to neutralize criticism on the ambiguity in the coding language and structure of permissioned ledgers by open sourcing its techn...

R3 Finally Open Sources Blockchain Project, Member Banks Admit Budget Difficulty

2016-10-22T10:44:00+01:00

635

Two expert from R3 and HSBC share their views on Blockchain potential.

R3, HSBC Experts: Collaboration is Key for Blockchain Potential

2016-08-22T13:20:00+01:00

509

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 finan...

Corda Will Support Digital Currencies, R3 Confirms

Olusegun Ogundeji

2016-08-13T16:06:00+01:00

1154

The four top accounting firms will meet with the American Institute of Certified Public Accountants to discuss the establishment of a distributed ledger consort...

The ‘Big Four’ to Establish Their Own Blockchain Consortium

Olusegun Ogundeji

2016-08-12T16:05:00+01:00

1238

Thomson Reuters joins R3 blockchain consortium as the first major data and technology provider among banks and other financial institutions

Thomson Reuters Joins R3 Blockchain Consortium

Olusegun Ogundeji

2016-08-03T14:01:00+01:00

374

R3 Consortium gets truly global by the addition of its first African bank.

R3 Consortium Adds Its First African Bank, Member of Barclays Group

Olusegun Ogundeji

2016-07-15T15:05:00+01:00

481

Barclays, ISDA, UCL, Norton Rose Fulbright explore development of master templates to enable banks to trade and manage securities on distributed and shared ledg...

R3-led Group Investigates Smart Contract Templates for Blockchain, Aims At Making Them Admissible in Courts

2016-07-15T10:05:00+01:00

554

The Central Bank of Russia and a number of large financial institutions sign a memorandum to begin collaborative work on researching and testing of Blockchain t...

Russia Takes its Relationship with Blockchain to the Next Level, Forms its Own R3 Consortium

2016-07-13T13:55:00+01:00

507