Dutch international bank ING has signed a deal with enterprise blockchain consortium R3 for access to R3’s commercial blockchain platform.
The new Corda Settler application facilitates traditional and blockchain-based payments for payment obligations raised on the Corda blockchain platform.
SBI Group is considering variants to develop a project for R3 in the framework of which XRP will be used more extensively.
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.