Blockchain Consortia

R3

Name of Association/Consortium

R3

Website and Maturity

https://www.r3.com/

Website Maturity: Mature

Focus

  • Technology Platform

Functional Area

  • AI
  • Blockchain Technology
  • IoT

Industries

  • Energy and Utilities
  • Healthcare
  • Insurance
  • Service Providers
  • Technology

Legal Entity Type

  • Platform Company

Region

  • Region - Global

Charter/other text describing objectives

Corda is an open source platform that enables businesses to transact directly and in strict privacy using smart contracts, reducing transaction and record-keeping costs and streamlining business operations.

In a world of permission-less blockchain platforms, in which all data is shared with all parties, Corda’s strict privacy model allows businesses to transact seamlessly.

R3 delivers two interoperable and fully compatible distributions of the platform–Corda, a free download based on the code available on GitHub and Corda Enterprise, a commercial version which offers features and services fine-tuned for modern-day businesses.

Member companies

N/A