R3's Corda Network has Gone Live

On January 16, 2019, R3 launched its Corda Network and announced the formation of the Corda Network Foundation what will manage its affairs. Arrival According to the announcement, the network will be managed by its new non-profit body, the Corda Network Foundation. The Corda Network will function as an open shared network, that will foster…

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Ripple/XRP: r3 launches Corda Network with “Corda Network Foundation”, a new not-for-profit organization

The most awaited news about the enterprise blockchain software firm r3 confirms that the Corda Network [CN] is up and running. The Corda Network will be governed by an independent ‘not-for-profit’ organization called the “Corda Network Foundation”. The news about r3’s Corda settler going live was something that the XRP community and fans were waiting…

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Blockchain Firm R3, Japan’s SBI Holdings To Establsih Joint Venture Next Year

Japanese financial services giant SBI Holdings is partnering with New York-based enterprise blockchain software firm R3 to establish a joint venture in January 2019. Japanese news outlet Nikkei reported that SBI Group is expanding its partnership with R3 to create a joint venture that would promote the use of R3’s Corda blockchain. The partnership would…

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XRP selected as first settlement mechanism by r3 for Corda Settler; wild adoption ahead?

r3, a blockchain solution firm for businesses, today launched a universal settler application on Corda to facilitate global payments. Corda is an open-source blockchain firm that is working on spreading digital currencies across the global financial system. XRP, the native digital asset of the leading Fintech firm, Ripple, has been chosen for the first settlement…

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Blockchain Digital Identity Solution Developed By Gemalto And R3

Digital security company Gemalto, in collaboration with enterprise software firm R3, has developed a new blockchain digital identity solution. Gemalto is an international digital security company providing software applications, secure personal devices such as smart cards and tokens, and managed services. The company’s technologies and services enable businesses and governments to authenticate identities and protect…

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Deutsche Boerse Invests in Liquidity Management Blockchain Firm HQLAx

Deutsche Boerse Group, an exchange operator and provider of transactions services, announced this Tuesday that it has made a sizeable investment in HQLAx, a provider of liquidity solutions to institutional investors. In their statement, Deutsche Boerse did not reveal exactly how much money they will be pumping into HQLAx. The firm only noted that it…

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Bank Of Thailand To Develop Central Bank Digital Currency Prototype

The BoT hopes the knowledge gained from developing the prototype will aid it in future blockchain-related endeavors. The Bank of Thailand (BoT), in partnership with R3 and eight participating financial institutions, is set to lead development on a proof-of-concept prototype for wholesale funds transfer by issuing a wholesale central bank digital currency (CBDC), according to…

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R3’s Corda Enterprise Has A ‘Blockchain Firewall’

One month after reports surfaced that R3 was running out of money, the startup has launched Corda Enterprise, which it says includes a “unique Blockchain Application Firewall for businesses.” On July 10, 2018, R3 announced the launch of Corda Enterprise, a commercial version of Corda, the company’s open-source blockchain, which has been around since 2016….

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R3 Launches Corda Enterprise With First-Ever 'Blockchain Firewall'

More than a year in the making, Corda Enterprise has arrived. Announced Tuesday, blockchain startup R3 has released a paid version of its signature open-source Corda blockchain technology, one that offers added features aimed at regulated institutions including 24/7 support, disaster recovery and more. The big reveal comes just over 13 months after R3 raised…

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ING, BNP Paribas, Deutsche Bank, Others Test KYC App on R3’s Corda Network

Several major banks are among the 39 companies that have tested R3’s blockchain platform Corda for a KYC application during a four-day pilot. by Anatol Antonovici, 57 mins ago Subscribe Blockchain software developer R3 announced on Thursday that 39 companies had tested a Know Your Customer (KYC) application built on its Corda platform. During the…

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Bitcoin Developer Jimmy Song: Private Blockchains Make ‘Zero Sense’

Bitcoin (BTC) developer Jimmy Song stated that using blockchain tech for a private, centralized system, such as an enterprise, ‘makes zero sense’ in an interview with Laura Shin June 26. Song, also a venture partner at Blockchain Capital, spoke on the podcast Unchained about his work as an architect on an enterprise private blockchain at…

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R3 and Corda Running on Empty Say Ex-Employees

Two R3 former employees revealed that the company might have trouble with money after giants like JPMorgan and Goldman Sachs left its consortium. The company denied the claims. Blockchain startup R3 is struggling and might be out of money by 2019, two former employees told Fortune. On the other hand, the company has recently received…

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HSBC, ING Conduct Trade Finance Transaction Using Blockchain

Banking and financial services organization HSBC and Dutch bank ING have conducted their first live trade finance transaction using the blockchain technology. The value of the transaction has not been disclosed. HSBC and Dutch bank ING successfully completed the transaction for US-based agriculture company Cargill. A shipment of soybeans was transported from Argentina to Malaysia,…

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National Bank Of Egypt Joins R3 Global Blockchain Consortium

The National Bank of Egypt has joined over 200 other financial services firms, stakeholders, and regulators in technology firm R3’s global blockchain initiative. In Egypt, the gap between cryptocurrency acceptance and blockchain adoption is widening.  On January 1, 2018, Egypt’s grand mufti, Shawki Allam, decreed that the use of cryptocurrencies is incompatible with Sharia Law….

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