R3 Corda Partners With Kaleido After Ethereum Startup Spins Out of ConsenSys
R3, the company behind the Corda blockchain, is edging ever closer to Ethereum, with news of a partnership with enterprise software startup Kaleido.
A new collaboration this week between R3 and IBM is raising eyebrows in the world of enterprise blockchain.
A group of former bankers building on R3’s public Corda Network is touting the first digital currency for that ecosystem, dubbed XDC.
HSBC said the transaction over the Contour trade finance blockchain platform slashed the time normally taken to process letters of credit.
The bank has partnered with Corda-based DASL to build the new service available on Corda’s public network
The bank said the blockchain letter-of-credit transaction – between mining giant Rio Tinto and Chinese firm Baosteel – was the first to be denominated in yuan.