R3 Announces Corda™, a Blockchain-Inspired Platform for Financial Services

Chatsworth client R3 has announced that it is building a platform, Corda, for its members to test use-cases and evaluate blockchain-inspired technologies. Richard Gendal Brown, Chief Technology Officer at R3 explains more below:

“As reported in Bloomberg this morning, I’m delighted to confirm that R3 and our member banks are working on a distributed ledger platform for financial services: Corda™.

“For the last six months, my team and contributors from our membership have been building a distributed ledger platform prototype from the ground up, specifically designed to manage financial agreements between regulated financial institutions. I am massively excited by the progress our team, led by James Carlyle, our Chief Engineer, and Mike Hearn, our Lead Platform Engineer, are making and I think the time is right to share some details.”

Read Richard’s full blog post here.

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