R3, the enterprise blockchain company behind the permissioned Corda platform, is integrating with Solana, one of the world’s most widely used public blockchains
R3, the enterprise blockchain company behind the permissioned Corda platform, is integrating with Solana, one of the world’s most widely used public blockchains. This integration will enable institutional permissioned networks on Corda, which currently manage over $10 billion in tokenized regulated assets, to settle assets directly on Solana’s public blockchain. The move represents a convergence of public and private blockchain technologies, combining Corda’s modularity and regulatory compliance with Solana’s speed and throughput. Major financial institutions such as HSBC, SDX, and Euroclear utilize Corda for moving tokenized assets, and this new consensus service aims to connect these institutional networks to the broader public blockchain ecosystem.
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Source: https://thedefiant.io/news/tradfi-and-fintech/r3s-corda-integrates-solana-to-enable-10-billion-tokenized-assets-hsbc-sdx-on-0bce135b