R3 Launches Universal Settler Application to Facilitate Global Payments on Corda

0
216
r3-launches-universal-settler-application-to-facilitate-global-payments-on-corda-2

R3 Launches Universal Settler Application to Facilitate Global Payments on Corda

  • Application purpose built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems
  • XRP is the first globally recognized cryptocurrency to be supported by the Settler
  • Corda Settler is an open source CorDapp that allows payment obligations arising on the Corda Network
  • When a payment obligation arises on Corda during the course of business one party has the option to request settlement using XRP
  • R3 is an enterprise blockchain software firm working with a broad ecosystem of more than 200 members and partners across multiple industries from both the private and public sectors to develop on Corda