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4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda

4 Banks Complete €100K Commercial Paper Transaction on R3’s Corda Four European banks – Commerzbank, ING, Natixis and Rabobank – have settled a live transaction for a short-term debt instrument on the Corda platform developed by blockchain consortium startup R3. According to a report from FinTech Futures on Thursday, the …

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R3’s New Corda App Supports Payments in XRP Cryptocurrency

R3’s New Corda App Supports Payments in XRP Cryptocurrency Distributed ledger technology provider R3 has launched the Corda Settler, an application aimed to facilitate global cryptocurrency payments within enterprise blockchains – and it’s starting with XRP. R3 said XRP is the first globally recognized cryptocurrency to be supported by Settler, …

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Amber Baldet: Don’t Force Public Blockchains ‘Down Enterprises’ Throats’

Amber Baldet: Don’t Force Public Blockchains ‘Down Enterprises’ Throats’ Having left one of the world’s largest financial institutions to build an ethereum startup, Amber Baldet appreciates both the needs of enterprises and the potential of open, decentralized blockchains. But in the Clovyr co-founder’s view, it’s too soon for the former …

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15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing The Depository Trust & Clearing Corporation (DTCC) has advanced its main blockchain project to a testing phase with 15 global banks, one of the last steps before taking the tech live.  Announced today, U.K.-based Barclays is among the global banks …

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Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance

Firm Owned by India’s Richest Man Turns to Blockchain for Trade Finance Oil and gas conglomerate Reliance Industries – owned by India’s richest person, Mukesh Ambani – has used blockchain to conduct its first trade finance transaction. According to a news release from HSBC India shared with CoinDesk on Sunday, …

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Accenture Tech Now Connects Corda, Fabric, DA and Quorum Blockchains

Accenture Tech Now Connects Corda, Fabric, DA and Quorum Blockchains Enterprise blockchain customers might not need to worry any longer about having picked the wrong platform to build on, thanks to a new interoperability solution being unveiled by Accenture. Revealed at the annual Sibos conference on Monday, the consulting giant …

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Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding

Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding Blockchain finance firm Clearmatics Technologies has raised over $12 million in a Series A funding round led by venture capital firm Route 66 Ventures. Additional investment in the funding round came from private equity firm TNF Capital and XTX Ventures, …

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India’s Federal Bank Is Building a Remittance App on R3’s Corda

India’s Federal Bank Is Building a Remittance App on R3’s Corda An Indian commercial bank has revealed it is building a cross-border remittance app based on the Corda blockchain platform developed by consortium startup R3. Being built as a so-called CorDapp on the platform, Kochi-based Federal Bank has turned to blockchain …

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