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

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Hodler’s Digest

Iran could soon release its state-backed coin, and Gemini announces it will complete further security compliance reviews.

Hodler’s Digest, Jan. 28 – Feb. 3: Top Stories, Price Movements, Quotes and FUD of the Week

Molly Jane Zuckerman

2019-02-03T16:07:00+00:00

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SBI Holdings has published its nine-month financial report, recognizing Ripple’s potential in cross-border payments.

SBI Reports Financial Results, Recognizes Ripple for Cross Border Payments

2019-01-31T22:41:00+00:00

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Japan finance giant SBI Holdings and enterprise software firm R3 have established a joint venture for business expansion in Asia.

Japanese Finance Giant SBI Holdings, Blockchain Firm R3 Officially Announce Joint Venture

2019-01-30T12:55:00+00:00

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Major global banking payments network SWIFT has revealed it plans to integrate technology from R3.

SWIFT CEO Reveals Plans to Launch PoC Gateway With Blockchain Consortium R3 Tech

2019-01-30T10:57:00+00:00

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R3 consortium member raises $10 million in a Series A funding round to launch a distributed ledger-based ID platform for credit union members.

R3 Consortium Member Closes $10 Million Funding Round for Blockchain ID Platform

2019-01-29T19:44:00+00:00

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Two executives at blockchain startup R3 are reportedly departing from the company, according to sources familiar with the situation.

Report: Two R3 Executives Are Leaving Their Positions Amid Broad Company Reorganization

Adrian Zmudzinski

2019-01-27T13:59:00+00:00

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ING bank has signed a five-year deal to have unlimited licences for R3’s commercial blockchain platform, Corda Enterprise.

ING Bank Signs 5-Year Licensing Deal With R3 for Access to Its Blockchain Platform Corda

2019-01-22T16:25:00+00:00

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R3 has announced the launch of its Corda Network, which will be operated and governed by a newly-created not-for-profit organization.

Blockchain Consortium R3 Launches Corda Network and Independent Governance Foundation

2019-01-16T14:31:00+00:00

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