R3’s Marco Polo Runs Largest Trade Finance Trial With Over 70 Members

The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial. Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the largest global trade finance trial that involved over 70 organizations from 25 countries including financial giants like Japanese SBI Holdings, according to […]

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Commerzbank, Deutsche Börse and MEAG reach further step in post-trade services using DLT

Settlement via securities and cash tokens and further use as collateral at Eurex Clearing’s Central Counterparty – within a binding legal framework Joint use cases confirm a potential founding stone for multiple comprehensive distributed ledger services Commerzbank, Deutsche Börse and MEAG, the Asset Manager of Munich Re and ERGO, have reached a further step in […]

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ING Bank Devises Privacy Fix for R3’s Corda Blockchain

ING, the Netherlands megabank blazing a trail with extra privacy measures for enterprise blockchains, has come up with such a solution for the Corda distributed ledger system built by R3.  Announced Tuesday at the annual developer conference CordaCon, ING has helped solve a security/privacy trade-off that currently bedevils Corda users. The bank’s blockchain team did […]

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Digital Securities Exchange Taps R3’s Blockchain for Post-Trade Activities

Digital securities startup Archax has inked a deal to use blockchain firm R3’s Corda Enterprise solution for handling post-trade activities on its exchange. Revealed Friday, Corda Enterprise was chosen for mopping up trades using distributed ledger technology to “reduce friction in the post-trade process.” Post-trade activities normally include the changing of ownership records, transfer of securities and […]

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Mastercard, R3 to Develop a Blockchain Cross-Border Payments Platform

Payments giant Mastercard is to develop a blockchain-powered cross-border payments platform in partnership with enterprise-focused blockchain firm R3. In an announcement on Wednesday, Mastercard said the two firms have inked a deal to “develop and pilot” the payments solution. It will initially be aimed at connecting faster payments schemes and banks backed by Mastercard’s clearing and […]

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