Corda Blockchain Development Team R3 to Enter Public Internet Capital Markets via Solana
The development team behind the Corda blockchain, R3, has utilized Solana to incorporate over $10 billion in real-world assets issued by financial institutions into a public ledger to support broader capital market applications. Their clients include DTCC, Mastercard, Nasdaq, HSBC, and JPMorgan Chase.
This move aims to extend Corda beyond private networks, allowing for wider access and integration. R3 also plans to collaborate with public chains like Solana to explore integrated applications in capital markets. R3's CEO stated that this initiative is to meet the market demand for more open and interoperable blockchain solutions. The company plans to launch related test networks in the coming months to verify the feasibility and security of the new features. (The Block)
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