After engaging in almost one-year of legal battle, the two companies decided to end it in an undisclosed agreement.
Siemens Financial Services will work together with Standard Chartered and TradeIX to provide blockchain-based solutions for trade finance.
The Bank of Thailand’s is going to finish the first phase of its work on Central Bank Digital Currency (CBDC) early next year.
With the introduction of the commercial version of Corda, R3 makes it easier for businesses to reap the benefits of blockchain technology.
As part of its ongoing efforts to offer next-generation trade finance solutions to its clients, Natixis has announced that it has joined the trade finance network Marco Polo.
The use of blockchain considerably reduced the time of entire loan process – from negotiations to signing the loan – from a few days to just a few hours.
Microsoft and R3 Blockchain Consortium strengthen their partnership for deeper integration between cloud-platform Azure and Corda platform making it easy for businesses to develop their infrastructure on blockchain network.
According to the consortium, a new blockchain-based solution will enable fast and efficient international transactions among financial organizations.
Enterprise software firm R3 has introduced version 1.0 of Corda distributed ledger platform and, with it, core API stability.
The distributed ledger consortium R3 will soon launch the first production version of its Corda platform, following two years in the development stage.