A Timeline of Corda Adoption : ongoing
Published in
3 min readNov 15, 2019
This is an ongoing list of events in the market showing the commercial adoption of Corda (not just PoCs) with related links. Where possible I have added a link to most conventional place it was featured. I am sure this list is not complete / perfect, if you have an amendent or suggestion please add it as a comment or get in touch.
TIMELINE OF CORDA ADOPTION
2020
- May 2020 : 55 Italian banks use Corda to run their reconciliations process on Corda as “Spunta Banca DLT” launches
- April 2020 : The Institute of Electrical and Electronics Engineers (IEEE) co-published an assessment demonstrating that Corda is the blockchain platform that passes the U.S. Federal Government’s security requirements
- April 2020 : Nasdaq has partnered with R3 to offer a platform for digital asset marketplaces on the Corda
- February 2020 : The central bank of Sweden, Sveriges Riksbank, has built it’s Central Bank Digital Currency on Corda (“e-krona”)
- February 2020: Major re/insurers and brokers complete 30 complex placements on B3i’s blockchain platform
2019
- November 2019: Siam Commercial Bank’s Corda-based B2P (procure-to-pay) supply chain management platform goes live
- October 2019: R3 releases the first Accounts component
- October 2019: Raiffeisen Among 18 Banks in First Global Tokenized Collateral Trial by Ivno
- October 2019: Italian Banking Association (ABI) successfully Tests Data Reconciliation on Corda
- August 2019: Global cryptocurrency broker BCB goes live with DASL
- August 2019: Dubai-based fintech company Wethaq with R3 to Develop Shariah-Compliant Market Platform
- August 2019: Commerzbank Makes Milestone trade on the Marco Polo platform: German supplier KSB and Taiwanese mechanical engineering group Voith tracked payment and a shipment for special hydraulic couplings
- July 2019: R3 releases the first Corda Token SDK
- June 2019: Brazil: R3 Develops Blockchain Platform With Major Banks (Bradesco, Itau and B3) and Brazilian Stock Exchange (involving CULedger)
- June 2019: BNP Paribas Venture Arm Among Investors to Inject $16.5M in Fintech Firm called “Token”
- May 2019: Corda-based Trade Finance initiative “Voltron” runs trial with 50 banks and companies
- May 2019: Three French Banks (BNP Paribas, Natixis, and Societe Generale) join R3 Corda Loans Platform LenderComm
- May 2019: Credit Union Consortium to Use Corda for Cross-Border Payments Product
- April 2019 : Corda-based property transaction network “Instant Property Network” completed a global trial that involved 40 companies across 23 countries across 5 continents and included Savilles, RBS, Barclays, Acumen and HM Land Registry
- April 2019: A Board of Directors has been created to set up a separate, independent body to provide governance to the Open Source version
- March 2019: Swiss Stock Exchange called SIX ($5.18bn daily turnover) choose to build their underlying blockchain technology on Corda
- February 2019: A list of the firms that have switched from Hyperledger to R3 Corda, and why
- February 2019: News update on Italian Banking Consortium progress on Corda
- January 2019: ING signs 5 year licensing deal with R3 for Corda access
2018
- December 2018: R3 releases Corda Settler
- October 2018: UK Land Registry project on Corda
- October 2018: Natwest goes live on Finastra’s (Corda based) “Fusion Lendercomm” product
- October 2018: DTCC releases results of a trial that show that Corda can support trading volumes in the US Equity Markets of 6,300 trades per second
- July 2018: R3 launches Corda Enterprise
- June 2018: 39 firms complete global trial of KYC on Corda blockchain platform
- June 2018: B3i drops Hyperledger and adopts Corda
2017
If you enjoyed this article by Martin Jee, then you check out his other articles about Corda on Medium, contact him at martin@oxenburypartners.com for his CorDapp Developer recruitment and Corda Headhunter services or if you’re a programmer in London and you want to improve your CorDapp development skills you can join the weekly Corda Code Club he runs.
