Tagged: r3

Wall Street Blockchain Alliance Forms New Partnership With R3 For Corda Blockchain Platform

The Wall Street Blockchain Alliance (WSBA), a non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain technology and crypto assets across global markets, announced on Tuesday it has formed a new partnership with R3 to develop applications and solutions on its… Read More

Swift Partners With R3 to Bring Benefits of GPI to DLT & Trade Ecosystems  

SWIFT, a global member-owned cooperative and provider of secure financial messaging services, announced on Wednesday it is bringing benefits of gpi to DLT and trade ecosystems through its new partnership with blockchain enterprise software firm, R3. SWIFT reported that to support the growing demand amongst trade ecosystems… Read More

Ohio’s Crypto Friendly Tax Portal Called “A PR Stunt”

Cleveland car dealer Bernie Moreno recently became the first businessperson in the entire US to pay company taxes in Bitcoin, thanks to the Ohio government’s new portal, “OhioCrypto.com,” where businesses can pay 23 different taxes in cryptocurrency, The Detroit Free Press (DFP) reports. “Digital currency and… Read More

Report: Expressed Corporate Interest in Blockchain Declining

The word “blockchain” and other related buzzwords are being uttered less by corporate executives in earnings calls and in presentations to investors and analysts, says Axios reporter, Courtenay Brown. “Analysts are also asking about it less,” she writes. According to the chart, “Mentions of blockchain, Bitcoin… Read More

NatWest Launches Blockchain based Syndicated Loan Market to Address £3.5 Trillion Global Market

NatWest has announced the launch of a syndicated loan market built on blockchain. The goal is to “dramatically transform and streamline the global syndicated loans market.” NatWest partnered with Fusion LenderComm, a platform built by Finastra. The new platform will go-live in November. NatWest notes… Read More

UK: HM Land Registry is Investing Usage of Blockchain Using R3’s Corda

A note today from HM Land Registry indicates the government agency is investigating the use of blockchain for managing lan registration and the overall buying and selling process of property. More specifically, the agency is working with “Methods” a company that utilizes R3’s blockchain Corda…. Read More

Thai Central Bank Trialing R3 Distributed Ledger Among Mixed Reports of Enterprise DLT Performance, May Issue CBDC

Thailand’s central bank, the Bank of Thailand (BOT), has announced it is trialing a version of R3’s distributed ledger system, Corda, as a means of making wholesale funds transfers more efficient. R3’s distributed ledger will also be used by the BOT to issue a wholesale Central… Read More

Bank of England Moves Forward with POC on Blockchain based Payments

Earlier this week, the Bank of England (BoE) published a document outlining progress on their proof of concept (POC) project for a “renewed Real-Time Gross Settlement (RTGS) service that will deliver a resilient, flexible and innovative sterling payment system for the United Kingdom to meet the… Read More

Canada’s Largest Credit Union Coalition Joins Global Blockchain Ecosystem R3

The Large Credit Union Coalition (LCUC), a group comprising the CIOs of the 16 largest credit unions in Canada, announced on Tuesday it has joined enterprise software firm R3’s global blockchain ecosystem. The LCUC reported that it will join R3’s network of more than 200 financial… Read More

Luxoft Update: Forms Partnership With R3 & Now Set to Lead Integration of Identity Management Applications on Corda

Luxoft Holding, Inc (NYSE: LXFT), a global IT service provider, announced on Tuesday it has formed a partnership with blockchain software firm, R3. The company also reported it will leading the integration of identity management applications on Corda, which is R3’s open source blockchain platform…. Read More

On Again, Off Again Blockchain Firm R3 Running Out of Money, Former Staff Claim

Enterprise blockchain developer R3 is running out of money, sources to Fortune magazine say.   R3 began as a startup in 2014, and tasked itself with creating blockchain products for banks and finance firms. It is considered to be one of Ripple’s main competitors. Blockchain… Read More

Dianrong Announces Addition of Supply Chain Finance Solution to R3’s Corda Blockchain Platform

On Thursday, Chinese marketplace lending platform Dianrong announced its supply chain finance solution will be made available on Corda, R3’s blockchain platform for finance and business. According to the online lender, the new Corda app, CorDapp, will further expand Dianrong’s reach both in China and globally by leveraging… Read More

HSBC Singapore Joins Forces With ING & Cargill to Conduct Live Commercial Trade Finance Transaction on R3’s Blockchain Platform Corda

HSBC Singapore announced on Monday it was joining forces with ING and agrifood group Cargill to conduct what it claims to be the first live, commercial trade finance transaction on R3’s blockchain platform, Corda.  According to HSBC Singapore, the blockchain transaction involved a bulk shipment of… Read More

Deutsche Börse Group & HQLAX Commit to Building Securities Lending Platform Using R3 Corda Blockchain

Deutsche Börse Group and HQLAX have signed a Letter of Intent to partner on the creation of a securities lending platrorm using the R3 Corda Blockchain platform. R3 is Blockchain platform working with a network of more than 200 banks, financial institutions, and more to develop… Read More

R3 Partners with Evernym on Identity Management for Financial Services

R3, a bespoke distributed ledger technology (DLT) provider that is working with over 100 financial institutions,  has formed a partnership with Evernym to apply self-sovereign identity to financial services. R3 seeks to create a standardized financial service focused DLT. R3 was the genesis of frustration amongst banks… Read More

Fintech Firm R3 Teams Up With Twenty-Two Banks to Launch New Blockchain-Based Payments System

Enterprise software firm R3 announced on Tuesday it and 22 of its member banks have developed a solution that leverages distributed ledger technology (DLT) to enable fast, efficient and cost-effective cross-border payments. R3 revealed that the Corda platform was built to facilitate the full payments… Read More

Finastra Teams Up With R3 & Seven Banks to Create Distribute Ledger Technology Platform

UK-based fintech firm Finastra announced on Thursday it has teamed up with R3 and seven banks to create an online marketplace to drive transparency and efficiency in the syndicated loan market. Finastra reported that R3’s distributed ledger technology (DLT) based platform, Fusion LenderComm exposes real-time credit agreement, accrual… Read More

Twitter Brawl: R3 Takes Some Heat on Whether it is Blockchain. Or Not.

This is kind of interesting. R3, the big bank funded distributed ledger technology initiative, has been in a bit of a dust up as it “repositions” its services. The controversy is not anything new but things continue to simmer a bit as there is an… Read More

Singapore Tokenizes Their Currency Through Ethereum’s Blockchain

According to a recent article on Trustnodes, the Monetary Authority of Singapore, Singapore’s central bank, has successfully digitized their national currency by a creating a token out of the Singapore dollar on Ethereum’s blockchain technology. Phase 1 Complete Last November, MAS announced Project Ubin: a… Read More

R3 Secures World’s Largest Distributed Ledger Investment with $107 Million

R3, the head of the world’s largest consortium of financial institutions collaborating to build a platform and commercial applications for distributed ledger technologies, announced it had secured $107 million in funding as part of its Series A round. The figure is the largest investment in distributed… Read More

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