What is R3 in Blockchain ?
R3, founded in 2014 by David E Rutter and Todd McDonald, is an enterprise software firm that is pioneering digital transformation through Enterprise Blockchain Technology. R3’s solutions deliver trust across Financial Services industry and other verticals too where there was a trust deficit pertaining to how enterprises or firms collaborated and transacted with one another.
R3’s purposely built Enterprise blockchain platform Corda is digitalizing processes and systems that firms rely on, to connect and transact with each other through Blockchain networks in Trade Finance, Insurance, Banking and Capital Markets. More than 350 institutions are deploying, servicing and building on R3’s offerings.
R3 has also developed Conclave – a Confidential Computing Platform to foster privacy in Enterprise applications where multiple users can securely share and analyze data.