Odaily Planet Daily News R3, the development team behind the Corda blockchain, has used Solana to incorporate more than $10 billion in real-world assets issued by its financial institutions into the public ledger to support a wider range of capital market applications. Its clients include DTCC, Mastercard, Nasdaq, HSBC and JPMorgan Chase.
The move is intended to make Corda no longer limited to private networks, allowing for wider access and integration. R3 also plans to work with public chains such as Solana to explore integrated applications in the capital market. R3's CEO said the move was to meet market demand for more open and interoperable blockchain solutions. The company plans to launch a related test network in the coming months to verify the feasibility and security of new features. (The Block)