Tag: R3

  • XRP

    XRP Supported for R3 Consortium’s New Payment Application

    R3, an enterprise blockchain software firm, launched Corda Settler, an application that settles international payments within a corporate network – and it supports XRP. The open-source application comes as a part of a bigger CorDapp package. It allows participants to issue payment requests and settle them on the...

    Davit Babayan | December 6, 2018 | 1:00 pm
  • Blockchain

    15 Banks to Test DTCC’s Market Infrastructure Using Blockchain

    Post-trade market infrastructure giant DTCC has initiated the testing phase to re-platform its credit derivatives on distributed ledger technology (DLT) and cloud. The trial will include the participation of 15 of the world’s largest global banks, which will conduct structured user acceptance tests to validate the interaction between...

    Ricardo Esteves | November 8, 2018 | 12:30 am
  • Gemalto

    Gemalto to Test Digital ID Service Built on R3’s Corda Blockchain Platform

    Dutch digital security company Gemalto has launched a distributed approach to Digital ID management in the form of the Trust ID Network service, developed in partnership with leading distributed database technology firm R3. Blockchain Identity Systems “Solves Profound Weaknesses of Traditional, Siloed Identity Frameworks” Identity systems are one...

    Ricardo Esteves | September 19, 2018 | 1:00 am
  • agreement

    Ripple and R3 Reach Agreement Over Earlier Legal Dispute

    In a press release earlier today it has emerged that Ripple has reached an agreement with R3 over a legal dispute that dates back to 2017. The two parties appear to be trying to leave the incident in the past but are keeping most of the details confidential....

    Rick D. | September 11, 2018 | 5:45 pm
  • cash flow

    Blockchain Based Financial Services Provider R3 Operating in the Red

    Sources at Blockchain consortium R3 say despite claims of millions raised in funding the company is floundering and could be insolvent by next year, as reported by Fortune. R3’s Finances Laughable R3 which started off in a promising position in 2014 when it launched as an invitation-only consortium...

    John McMahon | June 8, 2018 | 9:00 am
  • Ripple

    Ripple Loses Battle Over XRP Dispute in California

    Ripple Labs Inc, a San Francisco-based blockchain developer famous for the XRP token, lost a home-court battle with rival R3 Holdco over ownership of its cryptocurrency, XRP. With San Francisco’s state appeals court denying Ripple’s request, it should be the New York deciding the fate of the dispute against...

    Ricardo Esteves | March 14, 2018 | 2:00 pm
  • securities

    Credit Suisse and ING Group Complete $30 Million Securities Lending Transaction Using Blockchain Technology

    Yesterday, Credit Suisse and ING Group completed a 25 million euro ($30.48 million) securities lending transaction using blockchain-based software. The transaction involved the banks swapping baskets of securities through an application from fintech company HQLAx, which was built with a blockchain created by bank consortium R3. The trade...

    Thomas Delahunty | March 2, 2018 | 11:30 pm
  • Ripple and R

    Lawsuit Between R3 and Ripple is far From Over

    The legal spat between R3 and Ripple is not over just yet. Even though the case is thrown out in Delaware, several cases are still in place. For now, the focus will shift to San Francisco. Ripple countersued R3 in this city last month. There is also another...

    JP Buntinx | October 17, 2017 | 2:00 pm
  • Blockchain.info Growth

    R3 Rejects Sberbank, Difference Bitcoin & Blockchain s Evident

    Financial institutions across the world are lining up to implement Bitcoin’s underlying technology into their operations. The use of blockchain technology in the traditional financial system, mainly driven by the banks’ need to evolve while facing competition from cryptocurrencies still doesn’t solve the issues of centralization itself. It...

    Gautham | April 7, 2017 | 1:00 pm

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