Tagged: r3

February 1, 2023 @ 9:16 am By JD Alois  |  

The UK government has announced its intent to “robustly regulate crypto-asset activities.” In recent years, the UK has expressed its intent to become a crypto hub – supporting innovation while crafting a regime that provides sufficient consumer protections and transparency. The goal is to deliver… Read More

August 22, 2022 @ 10:20 am By JD Alois  |  

DTCC Ion Platform Processing 100,000+ Transactions per Day The Depository Trust and Clearing Corporation (DTCC), a vital post-trade custody and asset servicing firm, says its blockchain-based platform Ion is live and in production, operating in parallel with its legacy system. DTCC shares that it has… Read More

June 11, 2022 @ 2:00 pm By Omar Faridi  |  

Catalyst Blockchain Platform is now available on Corda, the distributed ledger technology platform from R3, “created specifically for highly-regulated markets.” Users benefit from both Corda Community Edition and Corda Enterprise Edition, “using Catalyst’s highly-automated processes and intuitive user interface to streamline the development, deployment, and… Read More

May 9, 2022 @ 9:15 am By JD Alois  |  

LedgerEdge has announced a regulated bond trading platform that utilizes distributed ledger technology (DLT or blockchain). LedgerEdge has selected Corda’s R3 permissioned blockchain to power the trading platform. LedgerEdge shares that it is targeting the $41 trillion global corporate bond market, much of which is… Read More

June 17, 2021 @ 12:03 am By JD Alois  |  

The ASEAN Financial Innovation Network (AFIN) has partnered with R3 to build and test central bank digital currencies (CBDCs). CBDCs have emerged as a hot topic of governmental innovation – fueled in part by the rise of stablecoins utilized as digital references of fiat currency…. Read More

April 23, 2021 @ 4:57 pm By Omar Faridi  |  

DBS Bank and Contour have expanded their digital trade offerings to four new markets in the Asia-Pacific (APAC) region. As mentioned in a release, digital letter of credit capabilities will be offered in Australia, China, Hong Kong and Singapore starting this month. The announcement also… Read More

April 21, 2021 @ 9:38 pm By Omar Faridi  |  

Global enterprise software company R3’s Development Fund has reportedy reached the milestone of $10 million in capital deployed “across over 30 investments in more than 20 of the most promising early-stage blockchain and confidential computing companies,” according to a release shared with CI. As noted… Read More

March 29, 2021 @ 10:08 pm By Omar Faridi  |  

Singapore-based #dltledgers, a blockchain or distributed ledger technology (DLT) platform for conducting cross-border trade, trade finance, and handling supply chain digitization, has secured $7 million in capital through a Series A round. The firm’s investment round was led by Regis and Savoy Capital, Vittal, Walden… Read More

March 3, 2021 @ 10:30 pm By JD Alois  |  

R3 will expand its presence in Thailand, including new hires, after the renewal of its partnership with Bangkok Bank, according to a statement by the firm. Amit Ghosh, Head of APAC, R3, stated: “Thai enterprises are at the forefront of innovation, digital transformation and blockchain… Read More

October 14, 2020 @ 9:00 am By Emma Channing  |  

Back in December, I wrote a piece for Coindesk’s Year in Review 2019 entitled “Security Token Offerings Are (Finally) Set for Takeoff in 2020”.  This was before word of COVID-19 became widespread and before many of the cataclysmic events of 2020 were even imaginable.  Thus… Read More

July 15, 2020 @ 7:42 am By Omar Faridi  |  

David Rutter, founder at LedgerEdge, a trading venue for the US Treasuries market, and R3, a blockchain and DLT infrastructure company, is reportedly planning to address some of the major challenges in the corporate bond market with the launch of LedgerEdge, a new trading platform…. Read More

June 24, 2020 @ 10:16 am By JD Alois  |  

Quant Network, an enterprise blockchain tech firm, and SIA, European payment services business and a subsidiary of CDP Equity, have successfully tested cross-blockchain interoperability between multiple Distributed Ledger Technology (DLT) protocols, according to a company release. The test integrated the Quant Network’s Overledger technology into… Read More

May 15, 2020 @ 4:46 pm By Omar Faridi  |  

Hedera Hashgraph, a decentralized public network where “anyone can carve out a piece of cyberspace to transact, play, and socialize in a secure, trusted environment,” may offer “Consensus-as-a-Service” for blockchains or distributed ledger technology (DLT) networks. Hedera is a leading provider of enterprise-grade DLT solutions…. Read More

April 5, 2020 @ 1:29 pm By Omar Faridi  |  

Hex Trust has reportedly become the very first licensed crypto-asset custodian in Hong Kong to integrate its services with R3’s Corda platform. The integration will allow the blockchain or distributed ledger technology (DLT) platform to be used by Hex Trust’s virtual asset custody solution. R3… Read More

March 14, 2020 @ 11:37 am By JD Alois  |  

R3 an enterprise blockchain platform that has developed “Corda” and was founded with the support of multiple financial services firms, has hired Dorothy Copeland, as Global Head of Partner Ecosystem & Alliances. Copeland previously worked at both Amazon Web Services (AWS) and IBM. While at… Read More

February 5, 2020 @ 2:48 pm By Omar Faridi  |  

Blockchain-enabled supply chain and trade finance firm Envoy Group is reportedly planning to expand its operations beyond Latin America. This, after recently acquiring $13 million in funding from Alcedo Digital Ventures. Developed on R3’s Corda platform, Envoy aims to enhance the existing $17 trillion annual… Read More

November 24, 2019 @ 10:42 am By Omar Faridi  |  

Oman Oil and Orpic Group and HSBC Bank Oman SAOG have reportedly performed the first blockchain-based trade finance transaction in the Middle Eastern nation using R3’s Corda technology. According to a November 23 report from Oman Observer, Oman Oil and Orpic Group, the country’s largest… Read More

November 20, 2019 @ 1:00 am By JD Alois  |  

Wethaq Capital has announced that it has issued the first pilot Sukuk on its securities market platform for the Islamic capital markets under the supervision of the Dubai Financial Services Authority (DFSA). Wethaq is operating under an innovation testing license issued by the DFSA. Mohammed… Read More

October 29, 2019 @ 1:22 am By Cali Haan  |  

Accenture (NYSE:ACN), SAP SE (NYSE:SAP) and R3 are working to build a real-time gross-settlement system to handle large payments between banks and other parties. In standard real-time gross settlement (RTGS) systems, electronic fund transfers are immediate. RTGS is often used for high-value transactions that must… Read More

October 19, 2019 @ 3:21 pm By Omar Faridi  |  

London-based Archax, an institutional digital securities exchange, announced on October 18 that it had teamed up with enterprise blockchain developer R3. The partnership between the two companies involves using R3’s Corda Enterprise software to manage post-trade activities on Archax’s platform. Archax provides a globally accessible… Read More