• Days
  • Hours
  • Mins
  • Secs
  • Mon, 16 Sep 2019, 02:11 PM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

XinFin joins R3 blockchain consortium to host dApps on Corda

Mon, 11 Feb 2019, 10:03 am UTC

Enterprise blockchain platform XinFin has announced that it is joining the blockchain consortium led by blockchain startup R3 to host its standardized and decentralized applications on the R3 Corda marketplace.

Founded in 2017, XinFin offers a scalable, secure enterprise-grade blockchain particularly targeted at highly-regulated industries and commercially sensitive data. It has been granted sandbox license in Abu Dhabi Global markets (ADGM) and is currently awaiting sandbox access across six global jurisdictions.

According to the official release, the standardized distributed applications range from Invoice Factoring, Global Trade and Finance, Instant Remittances, E-wallets, Liquidity relayers, University Certificate Issuance, Asset Digitization, and Global Air Charter.

Financial institutions using Corda can run distributed applications on a combination of private and public (Hybrid) blockchain architecture in a sandbox environment, it said.

Furthermore, XinFin said that its developer community will build a relay bridge between the Corda private Network to the XinFin Public Network, creating the ability to relay a limited set of data and transactions from privacy channels to the public network.

“Applications already deployed on the R3 Corda marketplace will be able to connect to XinFin’s Public Network,” it added.

Earlier this month, XinFin announced that it presented blockchain proof-of-concept (POC) to the government of Indian state of Maharashtra and the Department of Revenue.

Last month, global banking payments network SWIFT launched a proof-of-concept (PoC) to link gpi, the new standard in cross-border payments, with R3’s Corda blockchain platform.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,218.10 (-1.11%)
  • Ethereum (ETH) $190.68 (+1.07%)
  • XRP (XRP) $0.260300 (-1.03%)
  • Bitcoin Cash (BCH) $304.44 (-0.28%)
  • Litecoin (LTC) $70.25 (-0.27%)
  • Bitcoin (BTC) $10,218.10 (-1.11%)
Sep 16, 2019 (Monday)
11:57
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:31
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:24
HTC’s blockchain smartphone Exodus 1 adds support for Bitcoin Cash
10:14
Crypto Technicals: DASH/USD capped below 50-DMA, 'Bullish Divergence' keeps scope for upside
06:51
Crypto Technicals: LTC/USD breaks above 21-EMA, scope for further gains
06:41
ConsenSys enters decentralized finance ecosystem with new product suite ‘Codefi’
06:06
Kaleido Blockchain integrates QEDIT Zero-Knowledge Proof Enterprise Privacy Solution
05:21
Crypto Technicals: ETH/USD extends 21-EMA breakout, pauses shy of 55-EMA, bias bullish
04:39
Canada-based Bull Bitcoin latest to join Blockstream’s Liquid Network
04:25
Crypto Technicals: BTC/USD extends sideways with no clear directional bias
04:12
FxWirePro Poll: Ethereum seen to rise but not recoup 2018’s drastic losses
03:32
CME's bitcoin index provider CF Benchmarks scores FCA license in Europe
03:30
eToro introduces programming language Lira to simplify derivatives trading
03:18
Crypto ATM chain Coinme reels $1.5M from Ripple's Xpring, Blockchain Finance
03:16
Crypto lending firm BlockFi now lets clients earn interest on any amount of crypto holdings
03:07
Facebook to face 26 central bank officials over Libra crypto project
03:02
Deutsche Bank signs up to JPMorgan's blockchain-based Interbank Information Network
Sep 13, 2019 (Friday)
11:12
Libra Association head confident about crypto launch in H2 2020
10:42
Blockchain industry welcomes Mastercard-R3 collaboration, but skeptical about the future of private networks
09:52
tZERO to bring blockchain to film financing via new partnership
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft