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Tokenisation of real-world assets is inevitable: R3’s Richard Brown

R3 began as a blockchain consortium, but is a software company now. It believes that to work with the formal banking system, it needs to take this approach. In India, Federal Bank is the first bank to implement its software globally.
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5 Aug 2020 10 Mins Read 0 comment
“If different companies want to share data, why can’t they just instal a distributed database? What is the need to have a blockchain? Why decentralise when centralised solutions work fine?” These are some harsh but fair questions that enterprise-blockchain firms had to face over the years. New York-based R3 is no exception. R3 began operating
of the relationships is different. We work with cloud vendors to make sure Corda can be deployed to the cloud. We work with firms like SWIFT to make sure that the innovations they’re bringing with GPI can be captured and used by Corda customers. There were many other topics we discussed with Brown, which can be accessed here.
“If different companies want to share data, why can’t they just instal a distributed database? What is the need to have a blockchain? Why decentralise when centralised solutions work fine?” These are some harsh but fair questions that enterprise-blockchain firms had to face over the years. New York-based R3 is no exception. R3 began operating of the relationships is different. We work with cloud vendors to make sure Corda can be deployed to the cloud. We work with firms like SWIFT to make sure that the innovations they’re bringing with GPI can be captured and used by Corda customers. There were many other topics we discussed with Brown, which can be accessed here.

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