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Blockchain-R3 consortium announced the launch of the network Corda support which will take a non-profit organization Corda Network Foundation. Reportedly, the network is a common layer to identify and reach consensus between the participants of the eponymous blockchain platform and solutions Corda Enterprise. The Board of Directors Corda Network Foundation will consist of the head part of the network companies, which will choose the participants themselves, and he will act independently from R3.

Introducing Corda Network. Read our press release to learn all about it! https://t.co/5vsraSaurK pic.twitter.com/MxxvWVhDoy

— R3 (@inside_r3) January 16, 2019

Establishment of the network brought the concept of having an open international system with a simple connection of new participants and the ability to provide rapid assistance to projects that would like to implement a blockchain-based platform and applications for Corda and Corda Enterprise.

Today inside the network can transfer data and scriptactive between the “community node” (business networks) and decentralized applications on the platform CorDapps, as well as to create a private ecosystem for organizations or individual partners, while remaining part of a larger system.

We will remind that in the middle of last year Forbes reported that R3 is not bankrupt, but the founder of the Bank blockchain consortium is in a difficult financial position. Earlier, former employees of a startup claimed that he gets “ridiculously low” income, and the annual targets below the planned tenfold.

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