R3 Corda Blockchain Consortium Partners With The Wall Street Blockchain Alliance

The Wall Street Blockchain Alliance and the R3 consortium have officially started a very important partnership today. The partnership was made in order for these groups to collaborate on developing app and solutions on top of the Corda blockchain, which was created by R3.

These two organizations will collaborate strategically on creating new technology and working with regulatory bodies, the CEO of R3, Davie Rutter, has affirmed. This way, the market will be finally able to really understand all the potential from the blockchain.

According to the official press release, the president of the Wall Street Blockchain Foundation, Ron Quaranta, has affirmed that the company is pleased to be a partner of R3 and that the members of the alliance will be benefited from working closely with the creators of Corda.

R3 has been making several important partnerships lately in order to expand its reach. Despite being a considerably big conglomerate, it is important for the companies that are a part of R3 to turn Corda into the universal blockchain and this will only come with huge efforts.

Recently, R3 made a partnership with SBI Holdings, a major financial company from Japan. The idea was to help the company to use the Corda blockchain on its platform. The company has also recently launched the Corda Network Foundation as well, as a way to help the conglomerate.

About the Wall Street Blockchain Alliance

The Wall Street Blockchain Alliance is possibly the most important blockchain nonprofit organization in Wall Street. It was created as a way to promote cooperation between the most traditional sectors of banking and the financial industry with the innovative industry of cryptos.

Its official mission is to promote the adoption of the blockchain tech across global markets with the help of Wall Street.

About the R3 Consortium

R3 is the creator of the Corda blockchain. The consortium has over 300 members which hail from all the corners in the world, considering both the public and the private sector.

The R3 team develops the Corda blockchain, which is fully open source. The core team has over 180 professionals from 13 countries, but the initiative, big as it is, has the support of over 2,000 professionals from all the world that cooperate in the creation of this blockchain.

At the moment, the Corda technology is getting increasingly popular and it is already being used in the sector of finances, trades, shipping, insurance, healthcare and others.

Bitcoin (BTC), Ethereum (ETH), XRP (Ripple), and BCH Coin Price Watch (Feb 6th)

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Coin Market Cap Price Change 24 Hour Volume
BTC $229.27B $12,892.7137 5.29% $22.28B
ETH $35.79B $335.5629 1.19% $6.75B
XRP $19.56B $0.4596 -3.45% $1.47B
BCH $8.53B $477.6920 -2.45% $1.02B
LTC $8.08B $129.4432 -4.75% $1.78B
EOS $6.14B $6.6660 -8.18% $2.05B
BNB $4.93B $34.9075 -4.22% $306.45M
BSV $3.9B $218.6031 -9.06% $359.64M
USDT $3.53B $0.9873 -1.09% $17.69B
ADA $2.51B $0.0967 -3.13% $250.72M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.