Wall Street Blockchain Alliance Joins Enterprise Blockchain Consortium R3

The Wall Street Blockchain Alliance will partner with R3 to develop solutions on their Corda blockchain platform.

The Wall Street Blockchain Alliance (WSBA) has joined blockchain consortium R3 to develop applications and solutions on their Corda platform, a Feb. 5 press release reports.

According to a statement made by the CEO of R3, David E. Rutter, the WSBA and R3 will collaborate in order to “advocate a strategic approach to collaborating with regulatory bodies so that financial markets, and beyond can gain the full benefits of blockchain’s capabilities.”

The WSBA is a non-profit trade association that promotes the general adoption of blockchain technology and crypto assets across international markets.

R3, an enterprise blockchain software firm with over 300 partners, has developed Corda, an open-source blockchain platform for both the private and public sectors across multiple industries. Corda is a blockchain platform that allows for institutions to transact directly with the usage of smart contracts while ensuring their user's privacy and security.

In mid-January, R3 announced the launch of its Corda Network, with non-for-profit organization the Corda Network Foundation responsible for its operations.

On Jan. 30, Cointelegraph reported that Japanese financial company SBI Holdings would also partner with R3 as they aim to help them develop the local use of Corda blockchain on their platform.

Also at the end of January, major global banking payments network SWIFT revealed its plans to develop a Proof-of-Concept gateway that would allow R3 to link to the SWIFT Global Payments Innovation payments from their platform.

COMMENTS

By Readers$type=blogging$cate=2$count=6

Name

Analysis,498,News,2978,Press Releases,338,Sponsored,137,
ltr
item
CryptoNomus: Wall Street Blockchain Alliance Joins Enterprise Blockchain Consortium R3
Wall Street Blockchain Alliance Joins Enterprise Blockchain Consortium R3
https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8wMWIyMWM5ZDJhM2UxOWU3ZWMzYTEyZDFlMTIxNGFkOS5qcGc=.jpg
CryptoNomus
https://www.cryptonom.us/2019/02/wall-street-blockchain-alliance-joins.html
https://www.cryptonom.us/
https://www.cryptonom.us/
https://www.cryptonom.us/2019/02/wall-street-blockchain-alliance-joins.html
true
4884201149675661183
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy