2021-2-12 17:40 |
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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.
Singapore-based DBS bank has joined blockchain-powered trade finance network Contour for increased digitization of global trade processes including the creation, exchange, approval, and issuance of letters of credit (LCs).
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 Nasdaq stock exchange has partnered with R3 to offer a platform for digital asset marketplaces on the Corda blockchain.
HSBC, one of the largest financial services institutions in the world, has announced that it has stored $10 billion private placement records on the R3 Corda blockchain and the firm has made it clear that it plans to tokenize these private placements in the near future, according to reports on March 27, 2020.
The trade finance blockchain consortium claims that it completed more than 700 funding requests with around 340 participants.