Tag: Corda

June 08, 2018 BY Valentina Kirilova

TIS invests in enterprise blockchain software firm R3

TIS Inc. (headquarters: Shinjuku, Tokyo), has just announced its strategic investment and firmed up business collaboration with enterprise blockchain software firm R3 HOLDCO LLC. R3 is a fast growing US technology firm with a highly innovative software platform, global brand recognition in blockchain technology and successful formation of a global ecosystem of over 200 financial…

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May 31, 2018 BY Valentina Kirilova

FX settlement company CLS invests in R3 financial blockchain platform

Enterprise blockchain software firm R3 has announced that it has secured a strategic investment from CLS, the market infrastructure group delivering settlement, processing and data solutions. CLS will work with R3 to explore how Corda, R3’s enterprise blockchain platform, can be deployed to improve efficiencies for its members, including 70 of the world’s leading financial…

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May 17, 2018 BY Valentina Kirilova

HSBC and ING execute live trade finance transaction on R3’s Corda Blockchain platform

Letter of Credit transaction facilitated bulk shipment of soybeans for Cargill HSBC Holdings plc (NYSE:HSBC) and ING Bank just anounced that they have successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform. The blockchain transaction involved a bulk shipment of soybeans from Argentina, through Geneva’s…

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April 06, 2017 BY Valentina Kirilova

HQLAᵡ selects Corda for collateral lending solution in collaboration with R3 and five banks

Financial innovation firm R3, five of its members and financial resource management specialist HQLAᵡ have built a collateral lending solution for liquidity transfers on R3’s Corda distributed ledger platform. Project participants CIBC, Commerzbank, Credit Suisse, ING, UBS and HQLAᵡ collaborated with R3 to develop an operating model for a digital collateral receipt (DCR) lending marketplace.…

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Corda Network announces Board of Directors
December 14, 2016 BY Valentina Kirilova

Credicorp joins R3 distributed ledger consortium

Financial innovation firm R3 has announced Credicorp (NYSE: BAP) as the first Spanish-speaking Latin American financial institution to join its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Credicorp provides corporate and personal banking, brokerage services, and other financial services across its six principal subsidiaries in Peru, as well as…

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Corda Network announces Board of Directors
November 30, 2016 BY Valentina Kirilova

R3 offers global developer community opensource access to Corda distributed ledger platform

Financial innovation company R3 has made its Corda distributed ledger platform open source, granting the global developer community universal access to its source code to encourage collaboration, review and contribution to the platform. Corda was built in close collaboration with over 70 banks and financial institutions and is already by far the biggest collaborative effort…

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November 29, 2016 BY Valentina Kirilova

Calypso partners with R3 to build distributed ledger applications for financial services

Calypso Technology has become the first firm to partner with R3 to develop capital markets applications on its Corda distributed ledger-based smart contract platform. The two firms are currently developing a multi-party trade confirmation solution and testing it with multiple financial institutions. R3’s Corda – which will be open-sourced globally on November 30 – is…

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November 23, 2016 BY Valentina Kirilova

Minsheng Bank joins R3 distributed ledger consortium

Just two days after global investment banking giant Goldman Sachs Group Inc (NYSE: GS) left the R3 distributed ledger technology consortium, R3 has announced the addition of China Minsheng Bank to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Beijing, Minsheng Bank is China's first major…

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Corda Network announces Board of Directors
November 03, 2016 BY Valentina Kirilova

China Foreign Exchange Trade System (CFETS) joins R3 distributed ledger consortium

Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Shanghai, CFETS provides a series of services covering issuance, trading, information and post-trade for cash and…

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