R3 Corda Blockchain Completes a €500K Foreign Exchange Trade
Reuters reported on Thursday that Commerzbank and multinational group Thyssenkrupp successfully used the R3 Corda blockchain platform to complete a €500,000 forex transaction. The transaction uses a blockchain to store the entire transaction as a single, invariable record. Participating companies and banks do not have to worry about the reconciliation of transactions, and this greatly…