Enterprise blockchain firm R3 has hired Kate Karimson as its new Chief Commercial Officer. According to R3, Karimson joins after executive positions at the CME Group, BrokerTec, ICAP, and LedgerEdge.
R3 CEO and founder David Rutter said they are focused on progressing in the capital markets sector:
“We’re designing long-term solutions for a seamlessly connected financial world. Corda [blockchain] built the foundation for this, as the only production-ready enterprise DLT solution built for regulated markets. With the launch of R3 Digital Markets, we’re further progressing Corda’s mission to unlock the true potential of digital currencies and digital assets, bringing unparalleled value to economies as they digitise.”
R3 currently promotes four different product lines for R3 Digital Markets:
- R3 Digital Currency: offering comprehensive management of the full lifecycle of digital currencies, including CBDCs and tokenized deposits
- R3 Digital Assets: enables full lifecycle management tokenization solutions and digital asset exchanges
- R3 Digital Connect: enables the integration of classic existing systems and all DLT networks, facilitating interoperability in financial markets
- R3 Digital Lab: a cloud-based collaborative lab equipped to handle custom use cases
Karimson is expected to lead the rollout of R3 Digital Markets.
The launch of R3 Digital Markets is expected to make it easier for regulated businesses to migrate to the digital future. R3 is already in use at some significant firms including SIX Digital Exchange (Switzerland) and Euroclear D-FMI. In brief, R3 wants to be the permission blockchain to rule them all.
