Enterprise
blockchain company R3 has announced the launch of a new suite of digital
solutions aimed at helping financial firms adopt distributed ledger technology
(DLT) and the appointment of Kate Karimson as Chief Commercial Officer (CMO).
This launch
and appointment signals R3’s commitment to enhancing the role of DLT in
regulated markets.
R3 Launches New DLT
Product Suite
The new
product package, called R3 Digital Markets, utilizes R3’s Corda platform to
facilitate the integration of digital assets and digital currencies into
capital markets operations. Specific solutions cover areas like digital
currency management, asset tokenization, legacy system interoperability, and
collaborative development environments.
According
to R3, the goal of R3 Digital Markets is to lower barriers to DLT adoption in
regulated industries while improving efficiency and reducing costs. The company
highlighted proven deployments of its Corda technology, such as the SIX Digital
Exchange, ABI Lab’s Spunta DLT project, and Euroclear’s Digital Financial
Market Infrastructure.
“We’re
designing long-term solutions for a seamlessly connected financial world,”
David E. Rutter, the CEO of R3, commented. “Corda built the foundation for
this, as the only production-ready enterprise DLT solution built for regulated
markets.”
R3 is pleased to announce the appointment of Kate Karimson as Chief Commercial Officer and the launch of R3 #DigitalMarkets, our new #DLT product suite powered by #Corda.
Read the press release: https://t.co/t9ymnzJXzY
Discover R3 Digital Markets: https://t.co/7JVSG8jQC0 pic.twitter.com/nqOXRtTTao— R3 (@inside_r3) January 24, 2024
The
product suite includes several key components:
- R3
Digital Currency:
This feature handles the entire lifecycle of digital currencies, including
Central Bank Digital Currencies. - R3
Digital Assets: It
allows for comprehensive management of the issuance, trading, and custody of
digital and new assets. - R3
Digital Connect: It
facilitates the integration of existing systems with all DLT networks. - R3
Digital Lab: A
cloud-based collaborative platform that provides support and education for
businesses embarking on DLT projects.
Appointment of the Chief
Commercial Officer
In
conjunction with the product launch, R3 has appointed financial technology
executive Kate Karimson as its new CMO. Karimson brings experience across
capital markets, having previously held leadership roles at CME Group,
BrokerTec, ICAP and LedgerEdge.
“R3
Digital Markets…
