Report: R3’s Banking Blockchain Software is Going Open Source
R3’s blockchain software Corda, the product of the New York-based startup’s Concord project that aims to develop banking solutions overseen by 70 of the world’s biggest banks participating in the R3-led consortium, will go open source, via the Linux Foundation-led Hyperledger Project. R3 is spearheading what is arguably the biggest private blockchain effort, with several of world’s biggest banks, technological companies and other financial services companies taking part in its consortium. The startup’s Corda initiative – the blockchain solution software which is seen as its product to....
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R3's Corda distributed financial ledger platform will soon become open source as it becomes part of the Hyperleger project. Corda, the distributed financial ledger created by R3CEV led international banking consortium for blockchain technology will be made open source. The latest development was announced by the consortium recently. According to news reports, the codes for R3 consortium’s Corda blockchain platform will be handed over to the Hyperledger project. Hyperledger project is an initiative of Linux Foundation along with some of the leading information technology, blockchain....
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