R3 Corda blockchain supports over 300 transactions

Blockchain News

Nearly 39 firms have completed three hundred transactions on the Know Your Customer (KYC) application developed on Corda blockchain platform. The CEO of R3, David E Rutter stated, “KYC requirements present a significant challenge to financial institutions and the process is often slow and time-consuming.” The transactions were carried from 19 countries across eight time-zones.

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