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Collaboration intended to streamline trade processes in key regions including Africa, by bringing together banks and businesses on software company R3’s Corda blockchain platform.
Singapore’s central bank has provided the market with a glimpse into the strengths and weaknesses inherent in a new wave of distributed ledger technology.
Singapore recently announced the development of three different prototypes for decentralized inter-bank payments from IBM, R3 and ConsenSys. Could one of them become the gold standard for corporates?
Corda, developed by a consortium of some of the world's biggest financial institutions, will be available for anyone to build applications or check for security flaws.