R3 launches Corda blockchain center of excellence to collaborate with law firms

10 law firms have joined, including Ashurst, Baker McKenzie, Clifford Chance, Crowell & Moring, Fasken, Holland & Knight, Perkins Coie, Shearman & Sterling, and Stroock.

February 20, 2018 (New York/London/Singapore) – Enterprise software firm R3 has launched the Legal Center of Excellence (LCoE) as a platform for the global legal community to get the latest updates and share best practices regarding blockchain technology and R3’s blockchain platform Corda.

Law firms are increasingly working with clients to provide specialist advice on how to handle the legal aspects of blockchain technology, such as structuring Corda business networks and drafting smart legal contracts. R3 has

developed the LCoE to collaborate with and gather feedback from the legal sector, helping law firms to better engage with the technology, while updating R3 on the specific needs of the legal community and their clients.

Members of the LCoE will actively collaborate with R3 and have access to R3’s research on blockchain that provides a view into the concerns of their clients, monthly project demos that give members a practical understanding of real world blockchain applications, as well as Corda training workshops that have specifically been developed for attorneys. This will ensure that law practioners have a strong understanding of the technology and are optimally equipped to advise their clients on new and emerging legal and regulatory issues associated with blockchain and Corda.

Corda is an open-source blockchain platform designed to record, manage and automate legal agreements between businesses. These agreements take the form of smart contracts on Corda, linking business logic and data to associated legal prose in order to ensure they are rooted firmly in law.

Richard Gendal Brown, CTO at R3, comments: “A key feature of Corda is its ability to record an explicit link between human-language legal prose documents and smart contract code. This enables agreements between businesses to be executed automatically with minimal need for human intervention. The LCoE will allow R3 to directly engage with the lawyers that will be advising on and helping draft the smart contracts used by the network of Corda users across the globe.”

Jason Rozovsky, Senior Counsel and Head of the LCoE at R3, comments: “Lawyers hold a key position in the financial services ecosystem. Many of our clients are also clients of the world’s leading law firms, a number of which have joined our Legal Center of Excellence. There is an overall benefit to our membership and the Corda community at large to collaborating with these firms about Corda and its capabilities early on, and to obtaining their valuable insights into the legal and regulatory environments in which Corda operates.”

About R3

R3 is an enterprise software firm working with a network of over 200 banks, financial institutions, regulators, trade associations, professional services firms and technology companies to develop on Corda, its blockchain platform designed specifically for businesses.

R3’s global team of over 140 professionals in nine countries is supported by over 2,000 technology, financial, and legal experts drawn from its global member base. R3 is backed by investment of USD 107 million from over 40 firms.

 

Corda is the outcome of over two years of intense research and development by R3 and its members and meets the highest standards of the banking industry, yet is applicable to any commercial scenario. It records, manages and executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce. Learn more at www.r3.com.

Press contact

R3:
Nick Warren/Nick Murray-Leslie Chatsworth Communications
+44 (0)207 440 9780
contact@chatsworthcommunications.com

Charley Cooper
R3
+1 929 329 1550
charley@r3.com

For membership inquiries
Cooper Schorr
R3
+1 646 854-2292
cooper.schorr@r3.com

Raiffeisen Bank International is first Austrian bank to join R3 global network

On 22 November 2017, Raiffeisen Bank International (RBI) became the first Austrian bank to join enterprise software firm R3’s global network of more than 160 banks, financial services firms, technology companies, central banks, regulators and trade associations.

R3 offers access to “Corda” an enterprise-grade distributed ledger platform for finance and commerce, working with its members to develop PoCs and move distributed ledger applications into commercial deployment.

“By joining R3 we will be able to exchange and collaborate with peers, which will substantially boost the speed, security and usability of our own blockchain innovations. The usage of technology platforms such as ‘Corda’ allows us to gain extensive know-how in the underlying infrastructure of future commercial blockchain applications,” explains Michael Hoellerer, Plenipotentiary of RBI, who is amongst other tasks in charge of RBI Group’s digitization strategy, the bank’s motivation for joining this leading blockchain consortium.

In its work with R3, RBI will focus on cash and payment services, capital markets, digital identity, securities services and trade finance.

About R3

R3 is an enterprise software firm working with over 160 network participants including, banks, financial institutions, regulators, trade associations, professional services firms and technology companies to develop on Corda, its distributed ledger platform designed specifically for businesses.

R3’s global team of over 140 professionals in nine countries is supported by over 2,000 technology, financial, and legal experts drawn from its global member base. R3 recently announced the successful completion of the first 2 of 3 tranches in a Series A fundraise valued at USD 107 million.

Corda is the outcome of over two years of intense research and development by R3 and its members and meets the highest standards of the banking industry, yet is applicable to any commercial scenario. It records, manages and executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce.

About Raiffeisen Bank International

Raiffeisen Bank International AG (RBI) regards Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. 14 markets of the region are covered by subsidiary banks. Additionally, the group comprises numerous other financial service providers, for instance in leasing, asset management or M&A.

In total, nearly 50,000 employees service 16.5 million customers through more than 2,400 business outlets, the majority thereof in CEE. RBI’s shares are listed on the Vienna Stock Exchange. The Austrian Regional Raiffeisen Banks own around 58.8 per cent of the shares, the remainder is in free float. Within the Austrian Raiffeisen Banking Group, RBI is the central institute of the Regional Raiffeisen Banks and other affiliated credit institutions and renders important services in this function.

For further information please contact:

Raiffeisen Bank International
Ingrid Krenn-Ditz (+43-1-71 707-6055, ingrid.krenn-ditz@rbinternational.com) or
Andrea Pelinka-Kinz (+43-1-71 707-8787, andrea.pelinka-kinz@rbinternational.com)
http://www.rbinternational.com

R3
Nick Warren/Nick Murray-Leslie
Chatsworth Communications
+44 (0)207 440 9780
contact@chatsworthcommunications.com

R3’s Corda partner network grows to over 60 companies including Hewlett Packard Enterprise, Intel and Microsoft

Emali launches training course for R3’s Corda DLT platform in Hong Kong and Southern China

**Simplified and Traditional Chinese below

November 09, 2017 (New York/London/Singapore) – Emali has been designated a certified trainer on enterprise software firm R3’s Corda distributed ledger technology (DLT) platform. Emali will run training classes in Hong Kong and Southern China in English, Cantonese, and Mandarin. The first course will begin in November. Corda is an open source, blockchain-inspired DLT platform that removes costly friction in business transactions by enabling institutions to transact directly using smart contracts, while ensuring the highest levels of privacy and security. It is the outcome of over two years of intense research and development by R3 and its 100+ members. David E. Rutter, CEO of R3, comments: “We’re pleased to partner with Emali to expand our Corda training capabilities in Hong Kong and Southern China. The demand has been overwhelming. We’ve seen a significant growth in RFPs and independent software vendors building on Corda in the Pearl River Delta, and this training will assist them to build their base of Corda developers.” Lawrence Ma, CEO of Emali, comments: “We are also very pleased and honoured to be a certified trainer on R3’s Corda platform in Hong Kong and Southern China. We have been building DLT applications using Corda and are looking forward to help produce more Corda talents for enterprises in the Pearl River Delta.

About R3

R3 is an enterprise software firm working with over 100 banks, financial institutions, regulators, trade associations, professional services firms and technology companies to develop Corda, its distributed ledger platform designed specifically for businesses. R3’s global team of over 140 professionals in nine countries is supported by over 2,000 technology, financial, and legal experts drawn from its global member base. R3 recently announced the successful completion of the first 2 of 3 tranches in a Series A fundraise valued at USD 107 million.

Corda is the outcome of over two years of intense research and development by R3 and its members and meets the highest standards of the banking industry, yet is applicable to any commercial scenario. It records, manages and executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce.

About Emali

 Launched in August 2016. Emali is a Hong Kong based blockchain and distributed ledger technology startup. Emali is currently working on developing DLT applications in the Fin/Insur/RegTech sectors specializing on identity management, insurance claim management, fraud detection and regulatory registries. Together with our clients, we focus on re-imagining fundamental business interactions, inventing new interactions and creating streamlining process that establish trust, accountability and transparency. Emali is also actively engaging local universities and trade associations to provide training courses and seminars in Blockchain and Distributed Ledger Technology: Technology, Business and Legal.

Press contact:

R3:
Nick Warren/Nick Murray-Leslie
Chatsworth Communications
+44 (0)207 440 9780
contact@chatsworthcommunications.com

Charley Cooper
R3
+1 929 329 1550
charley@r3.com

Emali:
Daniel Chan
Operations & Communications
Emali
Tel: +852 62925702
Email: daniel@emali.io

 (Simplified Chinese) 

Emali南中国推出R3公司的Corda分布式账本技术(DLT)平台培训课

 201711月09 (纽约/伦敦/新加坡) – Emali被指定为企业软件公司R3的Corda分布式账本技术平台的认证培训师。 Emali将用英语、广东话和普通话在香港及华南地区开展培训。 十一月举办第一期课程。 Corda是一个在区块链启发下的开源分布式账本技术平台,在确保最高级别的隐私和安全性的同时,平台上各个机构之间可以使用智能合约进行直接交易,消除了业务交易中可能会付出高昂代价的纠纷。 这是R3及其100多名组织成员经过两年多的深入研究和开发的成果。 R3首席执行官David E. Rutter评论说:“我们很高兴能与Emali合作,扩大我们在香港及华南地区的Corda培训能力。 目前的培训需求非常旺盛。 我们看到在珠江三角洲地区,基于Corda的需求建议书(RFP)和独立软件供应商在数量上有了显著增长,这次培训将有助于他们建立Corda程序员基地。“ Emali首席执行官马君豪评论道:“我们也非常高兴和荣幸能成为R3在香港及华南的Corda平台认证培训师。 我们一直在使用Corda开发分布式账本应用,并期待能在为珠江三角洲地区的企业提供更多的Corda人才方面有所帮助。

关于R3

R3是一家企业软件公司,与超过100家银行、金融机构、监管机构、行业协会、专业服务公司和科技公司合作开发Corda — 专门为企业设计的分布式账本技术平台。 R3的全球团队在9个国家拥有140多名专业人员,并得到了来自其全球成员中2000多名技术、财务和法律专家的支持。 R3最近宣布成功完成了A轮三级中前两级的价值1.07亿美元的融资。 Corda是R3及其成员经过两年的积极研究和开发的结果,它符合银行业最高标准,且适用于任何商业场景。 它完美同步地记录、管理和执行机构及其交易对手方的财务协议,创造了一个无纷争的商业世界。

关于Emali

成立于2016年8月,Emali是一家基于香港的区块链和分布式账本技术的创业公司。 Emali目前正致力于在金融科技/保险科技/监管科技领域,开发专门从事身份管理、保险索赔管理、欺诈检测和监管注册的应用。 与客户一起,Emali专注于重新构建基本的业务往来,发明新的互动并创建精简流程,从而建立信任、问责制和透明度。 Emali还积极地与当地大学和行业协会合作,提供区块链和分布式账本技术方面有关科技、商业和法律的培训与研讨会。

新闻联系人:

R3:
Nick Warren/Nick Murray-Leslie
Chatsworth Communications
+44 (0)207 440 9780
contact@chatsworthcommunications.com

Charley Cooper
R3
+1 929 329 1550
charley@r3.com

Emali:
陈作人
Emali
+852 62925702
daniel@emali.io

(Traditional Chinese) 

Emali在南中國推出R3公司的Corda分佈式賬本技術(DLT)平台培訓課程

2017年11月09日 (紐約/倫敦/新加坡) – Emali被指定為企業軟件公司R3的Corda分佈式賬本技術平台的認證培訓師。

Emali將用英語、廣東話和普通話在香港及華南地區開展培訓。十一月舉辦第一期課程。

Corda是一個在區塊鏈啟發下的開源分佈式賬本技術平台,在確保最高級別的隱私和安全性的同時,平台上各個機構之間可以使用智能合約進行直接交易,消除了業務交易中可能會付出高昂代價的糾紛。這是R3及其100多名組織成員經過兩年多的深入研究和開發的成果。

R3首席執行官David E. Rutter評論說:“我們很高興能與Emali合作,擴大我們在香港及華南地區的Corda培訓能力。 目前的培訓需求非常旺盛。 我們看到在珠江三角洲地區,基於Corda的需求建議書(RFP)和獨立軟件供應商在數量上有了顯著增長,這次培訓將有助於他們建立Corda程序員基地。“

Emali首席執行官馬君豪評論道:“我們也非常高興和榮幸能成為R3在香港及華南的Corda平台認證培訓師。 我們一直在使用Corda開發分佈式賬本應用,並期待能在為珠江三角洲地區的企業提供更多的Corda人才方面有所幫助。

關於R3
R3是一家企業軟件公司,與超過100家銀行、金融機構、監管機構、行業協會、專業服務公司和科技公司合作開發Corda — 專門為企業設計的分佈式賬本技術平台。 R3的全球團隊在9個國家擁有140多名專業人員,並得到了來自其全球成員中2000多名技術、財務和法律專家的支持。 R3最近宣布成功完成了A輪三級中前兩級的價值1.07億美元的融資。

Corda是R3及其成員經過兩年的積極研究和開發的結果,它符合銀行業最高標準,且適用於任何商業場景。它完美同步地記錄、管理和執行機構及其交易對手方的財務協議,創造了一個無紛爭的商業世界。

關於Emali
成立於2016年8月,Emali是一家基於香港的區塊鍊和分佈式賬本技術的創業公司。 Emali目前正致力於在金融科技/保險科技/監管科技領域,開發專門從事身份管理、保險索賠管理、欺詐檢測和監管註冊的應用。與客戶一起,Emali專注於重新構建基本的業務往來,發明新的互動並創建精簡流程,從而建立信任、問責制和透明度。 Emali還積極地與當地大學和行業協會合作,提供區塊鍊和分佈式賬本技術方面有關科技、商業和法律的培訓與研討會。

新聞聯繫人:

R3:
Nick Warren/Nick Murray-Leslie
Chatsworth Communications
+44 (0)207 440 9780
contact@chatsworthcommunications.com

Charley Cooper
R3
+1 929 329 1550
charley@r3.com

Emali:
陳作人
Emali
+852 62925702
daniel@emali.io

SIA and R3 Partner to Accelerate the Adoption of Blockchain Applications by 600 Banks and Corporates

Apps based on R3’s Corda technology available on SIAchain infrastructure
from Q1 2018

Milan/London/New York, 6 November 2017 – SIA and R3 have launched a strategic partnership aimed at speeding up the global development and adoption of blockchain applications by leveraging SIAnet’s 600 nodes provided to financial institutions, corporates and public administrations.

As part of the partnership, SIA will build a secure and protected network called SIAchain, which will be integrated with R3’s Corda platform to enable SIA customers to run CordDapps – applications designed specifically to meet the needs of institutions across the banking and finance sector. The first CorDapps on SIAchain will be available from the first quarter of 2018.

The main goal is to allow the use of CorDapps through the SIAchain infrastructure, which guarantees their full availability and use, ensuring a standardised operating context, to registered members of specific communities. Banks, companies and public administrations have an ever-increasing need to cooperate efficiently in the management of complex processes, reducing times, costs and operating risks.

Corda is an open source, blockchain-inspired distributed ledger technology (DLT) platform that removes costly friction in business transactions by enabling institutions to transact directly using smart contracts, while ensuring the highest levels of privacy and security. It is the outcome of over two years of intense research and development by R3 and its 100+ members. Applications on Corda use common code and protocols to ensure interoperability.

“The collaboration with the R3 consortium is a milestone in our blockchain strategy. We will integrate on SIAchain, which rests on roughly 600 nodes of the SIAnet network throughout Europe, the most advanced technologies available and we will develop innovative applications for financial institutions, corporates and public sector” said Massimo Arrighetti, CEO of SIA.

“We designed Corda as an open source platform specifically to encourage partnerships such as this. Working with our partners we are growing a diverse ecosystem of interoperable applications on the platform, each providing a unique solution to the challenges faced by financial market participants. In addition, leveraging connectivity to existing networks such as SIA’s helps speed up adoption and implementation of DLT across global financial markets”, affirmed David E. Rutter, CEO of R3.

About R3

R3 is an enterprise software firm working with over 100 banks, financial institutions, regulators, trade associations, professional services firms and technology companies to develop Corda, its distributed ledger platform designed specifically for businesses. R3’s global team of over 140 professionals in nine countries is supported by over 2,000 technology, financial, and legal experts drawn from its global member base. R3 recently announced the successful completion of the first 2 of 3 tranches in a Series A fundraise valued at USD 107 million.

Corda is the outcome of over two years of intense research and development by R3 and its members and meets the highest standards of the banking industry, yet is applicable to any commercial scenario. It records, manages and executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce.
www.r3.com

About SIA

SIA is European leader in the design, creation and management of technology infrastructures and services for Financial Institutions, Central Banks, Corporates and Public Administration bodies, in the areas of payments, cards, network services and capital markets. SIA Group provides its services in 46 countries, and also operates through its subsidiaries in Austria, Germany, Romania, Hungary and South Africa. The company also has branches in Belgium and the Netherlands, and representation offices in the UK and Poland.

In 2016, SIA managed 12.2 billion clearing transactions, 4.3 billion card transactions, 2.8 billion payments, 47.4 billion financial transactions and carried 654.3 terabytes of data on the network.
The Group is made up of eight companies: the parent SIA, the Italian companies Emmecom (innovative network applications), P4cards (card processing), Pi4Pay (advanced collection and payment services), and Ubiq (innovative technology solutions for marketing), Perago in South Africa, PforCards in Austria and SIA Central Europe in Hungary.

The Group, which currently has over 2,000 employees, closed 2016 with revenues of €468.2 million.
For more information: www.sia.eu

Contacts:

 

SIA

Filippo Fantasia
Head of Media Coordination
Tel. +39 02.6084.2833
Mob. +39 335.1202713
Email: filippo.fantasia@sia.eu

Valentina Piana
Media Coordination
Tel. +39 02.6084.2334
Mob. +39 342.0467761
Email: valentina.piana@sia.eu

R3

Nick Warren/Nick Murray-Leslie
Chatsworth Communications
Tel. +44 (0) 207 440 9780
Email: contact@chatsworthcommunications.com

Charley Cooper
R3
Tel. +1 929 329 1550
Email: charley@r3.com