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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 largest outside-Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC.

Ripple wants go public after settling SEC lawsuit, SBI CEO says

2021-04-29T12:28:24+01:00

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Chinese banks will soon have access to a permissioned version of the Corda Enterprise infrastructure via the country's Blockchain Service Network.

China's blockchain project BSN to integrate R3 Corda

Osato Avan-Nomayo

2021-03-31T11:04:16+01:00

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A major global blockchain trade network welcomes one of Russia’s largest banks.

Russian Alfa-Bank joins HSBC-backed blockchain trade finance network

2020-11-03T13:07:59+00:00

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HSBC Bangladesh has completed the country’s first blockchain-powered cross-border trade settled using a letter of credit.

HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore

2020-11-03T05:46:53+00:00

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Bangladesh is now on the blockchain map.

Standard Chartered Conducts First Blockchain Trade in Bangladesh

2020-08-16T19:00:00+01:00

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R3’s widely-used open source blockchain platform Corda now supports the DAML smart contract language.

Smart Contract Language DAML Is Now Available on R3's Corda

2020-07-27T20:00:00+01:00

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The Singapore Fintech Association and R3 have entered a partnership to provide startups in the SFA network with access to R3’s Corda blockchain.

Singapore Fintech Association to Give Startups Access to R3 Corda

2020-07-15T10:30:00+01:00

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The Linux Foundation has launched the ToIP Foundation, a new cross-industry coalition that aims to provide a trusted exchange of data over the internet.

Mastercard and R3 Join Linux Foundation’s New Data Privacy Project

2020-05-05T15:03:00+01:00

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