Hodor Posted May 24, 2017 Share Posted May 24, 2017 Quote R3 secures largest ever investment for distributed ledger technology with USD 107 million from over 40 institutions https://www.corda.net/2017/05/r3-secures-largest-ever-investment-distributed-ledger-technology-usd-107-million-40-institutions/ Quote Financial technology innovator R3 has completed the first two of three tranches in its Series A fundraising round, securing USD 107 million in the world’s largest distributed ledger technology (DLT) investment to date. R3 is the largest consortium of global financial institutions collaborating to develop a platform and commercial applications for DLT. R3’s globally diverse group of investors represents an equal geographical split across Europe, Asia-Pacific and the Americas, counting over 40 participants from over 15 countries. I think this is great news, even though it's listed in the "investment" stage still. Reason: It's a who's who of Ripple partners. The point is, we might be one step closer to definitely knowing if R3 is going to go in the direction of ILP using RCL/XRP. If you look at the list of the banks, you'll notice MANY cross-overs with the list of banks that have been running XRP and RCL, either at the trial stage or actual production integrations! Here's the list, with my bold * on the ones I know of: Banco Bradesco Bangkok Bank * Bank of America Merrill Lynch Bank of Montreal Bank of New York Mellon Barclays * BBVA * BNP Paribas B3 (BM&FBOVESPA and Cetip) Canadian Imperial Bank of Commerce Citi Commerzbank * Commonwealth Bank of Australia Credit Suisse CTBC Financial Holding Daiwa Securities Group Danske Bank Deutsche Bank HSBC ING Intel Capital Intesa Sanpaolo Itaú Unibanco S.A. * Mitsubishi UFJ Financial Group (MUFG) Mizuho Natixis Nomura Nordea Bank Northern Trust OP Cooperative Ping An * Royal Bank of Canada * SBI Group SEB Societe Generale Sumitomo Mitsui Banking Corporation * TD Bank Group Temasek The Bank of Nova Scotia * The Royal Bank of Scotland U.S. Bank * UBS AG Wells Fargo Westpac I know for a fact I've missed some - let me know if any others have been experimenting with XRP / RCL already. Elite23 and Roborovskii 2 Link to comment Share on other sites More sharing options...
KarmaCoverage Posted May 24, 2017 Share Posted May 24, 2017 (edited) I was watching this video the other day on Corda. I was surprised and impressed. Still have not got the concepts fully in my head yet, so need to learn more, but the fact that Corda does not have a universal "ledger", and that every transaction does not have to be 'published' to a global ledger is a powerful enabling functionality. They use "windows" of time, and a type of PayChan like feature called "flows" to do off ledger transactions. Then "Notaries" which I think are like Validators, but since there is not 1 single universal "ledger" the network's graph does is not required to have overlap like RCL which requires the topology to have some amount of overlap. I think Corda is unlike any other "blockchain" which I have run across. Does anyone know more? Links? Videos? https://vimeo.com/192757743/c2ec39c1e1 Edited May 24, 2017 by KarmaCoverage Link to comment Share on other sites More sharing options...
Guest dfault123 Posted May 24, 2017 Share Posted May 24, 2017 Corda may definitely be cool and stuff, but I'm still struggling to understand its purpose alongside RCL & ILP. Link to comment Share on other sites More sharing options...
xh3b4sd Posted May 24, 2017 Share Posted May 24, 2017 How does corda solve the nostro account problem without a native network token? Link to comment Share on other sites More sharing options...
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