R3 News

R3, a New York-based blockchain enterprise, slashes its workforce by over 20% in a strategic move to conserve resources

R3 has rolled out an upgrade of Corda, its enterprise-grade distributed ledger technology  (DLT) network. The team claims the next-gen Corda offers users increased scalability, interoperability, privacy, and security.

The Central Bank of the United Arab Emirates (CBUAE) has released its CBDC strategy. R3 and G42 Cloud have been chosen as the infrastructure and technology providers.

Ownera, provider of a global inter-trading network based on the open-source FinP2P protocol has partnered with R3, the global enterprise blockchain technology firm, to enable Ownera to offer a unified digital wallet solution for institutions, according to an announcement on…

R3, one of the top enterprise blockchain solutions known for its Corda blockchain is reportedly considering launching a private permissionless network as a layer 2 solution on Ethereum. R3 Poised to Launch Permissionless Blockchain Network For those not in the…

R3 and the ASEAN Financial Innovation Network (AFIN) have inked a strategic partnership deal aimed at developing a central bank digital currency (CBDCs) sandbox that would make it easier for fintech firms and traditional banks to create and test their…

R3 has announced that its Corda enterprise blockchain network will now be interoperable with public distributed ledgers and ERC-20 tokens via eXchange inFinite’s (XinFin) XDC altcoin, according to reports on March 30, 2021. R3-XinFin Alliance Gets Stronger  In February 2019,…

Stock exchange behemoth Nasdaq is set to integrate with enterprise blockchain firm R3 to utilize the latter’s Corda platform to create an ecosystem for a full-spectrum digital asset marketplace. The move indicates a continuation of Nasdaq’s growing crypto and blockchain…

Penta Security and blockchain software firm R3 announced a strategic partnership in order to combine Penta Security’s technologies and R3’s blockchain platform to improve digital asset management and MPC (Multi-Party Computation) technology, this according to news released by PRNewswire. Safer…

ING Bank, a Dutch multinational banking and financial services corporation that has been exploring the potential of distributed ledger technology (DLT), has patched the security and privacy loopholes present in R3’s Corda blockchain platform by applying zero-knowledge proofs (ZKPs) to…

Infosys, an Indian corporation that provides banks with universal digital banking solutions, has partnered with financial institutions across 19 countries to trial R3’s distributed ledger technology (DLT) based solution for trade finance, reports livemint, September 23, 2019. Leveraging Blockchain Technology …

Mastercard, a global payments service provider has joined forces with R3, the creator of enterprise-grade distributed ledger technology (DLT) solutions, to develop a blockchain-based cross-border payments platform to enable banks and other financial institutions facilitate frictionless and cost-efficient international payments,…

HSBC Bank, one of the biggest financial institutions in the world, has successfully completed its first distributed ledger technology (DLT) powered letter of credit transaction pegged to the Chinese yuan. HSBC Completes Letter of Credit on Voltron Per sources close…

In a press release to the Bombay Stock Exchange on May 7, 2019, Indian IT powerhouse Wipro along with the R3 consortium announced the launch of an interbank settlement blockchain that will utilize digital currencies. While many Indian companies are…

MonetaGo, a New York-based firm that claims to help businesses resolve challenges in supply chain financing and corporate issuances, is moving its fraud mitigating network from Hyperledger Fabric to R3’s Corda enterprise blockchain, reports Global Trade Review on February 26,…

Sumitomo Mitsui Banking Corporation (SMBC) has completed a successful proof of concept on R3’s Marco Polo trade platform, according to a press release dated February 18, 2019. Done and Dusted A successful proof-of-concept (PoC) has been completed by Sumitomo Mitsui…