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China’s Blockchain-based Service Network, or BSN, embodies China’s vision to push blockchain as a national priority. And the network has already onboarded global blockchain projects to ease blockchain applications for local developers. And certainly, there’s a push for an international presence as well. And oh, have they been busy. On a
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Red Date Technology, one of the builders of China’s Blockchain-based Service Network, has obtained licensing rights from R3 to resell both the free and enterprise Corda implementations in China.According to a press release by R3, the news marks the first occasion of the BSN developer being able to resell enterprise
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Mike Hearn, the lead platform engineer at enterprise blockchain builder R3, is stepping down from his role at the company, CryptoX has learned.Hearn will stay on at R3, but only in the capacity of a technical adviser, according to a memo sent to company staff Friday. Hearn has long harbored ambitions
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As of July 2020, about 80% of Italian Banks were using R3’s Corda Blockchain to exchange data and this market may play a crucial role in driving the adoption of the XDC coin.R3 has launched the XDC Coin, coming off as the first digital currency for the public Corda network
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A group of former bankers building on R3’s public Corda Network are touting the first digital currency for that ecosystem, dubbed XDC. Announced Tuesday, the Cordite Society, a co-operative registered in the U.K., released the XDC crypto token on public Corda, the open-source version of R3’s network. The new regulation-friendly cryptocoin
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R3, the company behind distributed ledger technology (DLT) platform Corda, is edging ever closer to Ethereum, with news of a partnership with blockchain-in-the-cloud startup Kaleido.The announcement comes following Kaleido’s emergence as a standalone company last month. The startup revealed Tuesday it was spun out of ConsenSys, the Ethereum-based venture studio
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No central bank is currently working on a Central Bank Digital Currency, or CBDC, that can be used by consumers, according to enterprise blockchain firm, R3.A recent report by R3 claims that no central bank is currently pursuing the development of a retail CBDC. As the authors of the document
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Sharing is caring!After months of intense cooperation and development, Dutch software services provider unchain.io has successfully delivered a strategic finance application for KLM Royal Dutch Airlines utilising R3 Corda technology. Unchain worked with the KLM Digital Studio – a 200-strong innovation lab meant to explore how new technologies like blockchain can
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Distributed ledger tech provider R3 says it's providing pension firms with the technology to build new blockchain-based identity solutions that could help savers reclaim some of the $48 billion in lost U.K. pension pots.According to Abbas Ali, the head of the New York firm's digital identity unit, pension providers will
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Enterprise software vendor R3 has won a patent for a blockchain-based record system designed to make corporate information-sharing more efficient.Awarded Tuesday by the U.S. Patent and Trademark Office, the patent describes a "system and method for managing transactions in dynamic digital documents" that would provide companies with a shared distributed
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