Corda starts to work with Amazon Web Services

R3 Consortium went to the Amazon Web Services (AWS) marketplace with DLT solution
05 December 2017   1129

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.

Karpeles to Face Another 10 Years in Jail

Japanese enforcements agencies blamed Mt. Gox CEO in stilling $3M
12 December 2018   33

Japanese prosecutors blamed the head of the already inactive exchange Mt. Gox Mark Carpeles in embezzling 341 million yen ($ 3 million) from a bank account trading platform. The prosecutors made the corresponding statement in the Tokyo District Court, demanding 10 years of imprisonment for Karpeles, reports The Mainichi.

[Mark Karpeles] diverted company funds to such uses as investing in a software development business for personal interest" and "played a great role in totally destroying the confidence of bitcoin users.
 

Japanese prosecutors

It is noted that in September-December 2013, the head of MtGox allegedly transferred funds to personal bank accounts, and then invested in the software development business.

Carpeles is also accused of faking the data of the trading system of the exchange for the fabrication of balance sheets.

The deadline for accepting applications from affected investors as part of the civil rehabilitation of Mt. Gox has been extended until the end of December.