A blockchain platform developed by a group that includes more than 70 of the world’s biggest financial institutions is making its code publicly available, in what could become the industry standard for the nascent technology.
The Corda platform has been developed by a consortium brought together by New-York-based financial technology company R3. It represents the biggest shared effort among banks, insurers, fund managers and other players to work on using blockchain technology in the financial markets.
Corda’s code will be contributed on Nov. 30 to the Hyperledger project – a cross-industry project led by the non-profit Linux Foundation to advance blockchain technology by coming up with common standards.
Read more at Reuters
