Blockchain Consortia

R3 (R3CEV)

Name of Association/Consortium

R3 (R3CEV)

Website and Maturity

https://www.r3.com/

Website Maturity: Highly Mature

Focus

  • Technology Platform

Functional Area

  • Distributed Ledger
  • Private Blockchain Platform

Industries

  • Financial Services
  • Technology

Legal Entity Type

  • Part of an Enterprise/Corporate

Region

  • Region - Global

President/Executive Director

David E. Rutter

Exact title

Founder, CEO

Key Contact and Title

Senior Strategy Associate (Global Business Development)

Key Contact Phone Number and Email

+1 646 854-2292, [email protected]

Mission Statement of Association

Enterprise blockchain software firm working with a broad ecosystem of more than 200 members and partners across multiple industries from both the private and public sectors to develop on Corda, our open-source blockchain platform, and Corda Enterprise, a commercial version for enterprise usage.

Charter/other text describing objectives

Primarily Intended/designed for FS but serves cross-industry; DLT Platform CORDA platform differs from traditional public broadcast blockchain (which benefits cryptocurrency) by using private blockchain platform.

Member companies

https://www.r3.com/ecosystem/

Sponsor companies

Not disclosed to public

Board of Directors

Not disclosed to public

Membership fees if any

Tiers are differentiated by degree and level of services provided (listed in services column):

Tier 1: $250000

Tier 2: $150,000

Tier 3: $75,000

Period for membership

Annual

Services offered

Project startup & implementation, consulting, integration, architecture, research, trials, documentation, use cases, etc.

Fees for use of services, if any

Included with membership

Published Use Cases

  • Payments such as Instant Money Transfers (IMT) where banks no longer need to rely on complex and expensive nostro account relationships
  • Equity post trade where settlement can occur immediately without complex arrangements for transfer of pay

Events and Meetings (2019)

Has presence at Hyperledger Global Forum


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