Corda starts to work with Amazon Web Services

R3 Consortium went to the Amazon Web Services (AWS) marketplace with DLT solution
05 December 2017   1264

Corda distributed ledger (DLT) platform of the R3 consortium has launched with the Amazon Web Services (AWS) marketplace. AWS users can develop and deploy own finance and commerce applications or use "CorDapps" from R3. On the marketplace Corda has become one of the first DLT solutions.

Corda is a leading DLT platform for businesses and this announcement marks a significant milestone for enterprise-grade blockchain technology. Corda’s strength comes from its vibrant ecosystem of interoperable applications, and extending the pool of potential developers to the vast network of Amazon Web Services users will spark further innovation amongst businesses building innovative DLT apps for finance and commerce.

 

David E. Rutter

CEO of R3

The R3 consortium now consist over 100 banks, regulators and technology firms. Corda removes costly friction in business transactions by enabling institutions to transact directly using smart contracts and has high privacy and security. It can be built on by third party providers which can operate and earn revenue from DLT applications and using the platform’s code and protocols.

Also earlier R3 developed Corda’s version 2.0 of Corda which adds functional to the stable core application programming interface (API) achieved in version 1.0.

Wirex to Issue 26 Stablecoins on XLM Blockchain

Wirex chosen Stellar blockchain because company considers it safe, easily scalable and relatively inexpensive to use
25 April 2019   66

British online banking platform Wirex has announced the listing for the XLM token, as well as the release of 26 stablecoins on the Stellar blockchain, pegged to fiat currencies, including USD, EUR, GBP, HKD and SGD.

Prior to this, Wirex card supported eight digital assets and ten fiat currencies.

In addition, Wirex added the ability to instantly convert steablecoins to each other at over-the-counter rates.

As the company expects, new assets will be used for money transfers, issue and redemption of tokens, as well as for payments for services.

The choice of Wirex fell on the Stellar blockchain, as the company considers it safe, easily scalable and relatively inexpensive to use.

Last year Wirex became the third company in a row that received a license to provide services in the UK and Europe.