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Luxoft Partners with R3 and Integrates Identity Management Applications on Corda
As an R3 partner,
Corda’s unique approach to privacy makes it well placed to support
identity management on the blockchain as the platform combines privacy
and confidentiality of business transactions with an ability to re-use
functionality/data in the network. To help firms build complete
solutions that rely on self-sovereign identity management,
“We believe that the combination of Corda, the blockchain for business,
and HL Indy, for decentralized identity is a powerful platform for
addressing real world, enterprise requirements. Any practitioner
building on a blockchain or distributed ledger technology needs to amass
a toolkit that allows them to complete the job most efficiently, always
applying the right tool for the job,” said
“We have created a blueprint for any process that requires claims or credentials input in order to orchestrate service provisioning between multiple parties,” added Mr. Suvorov. “It will help make systems more practical, scalable and flexible, naturally supporting smart contract mechanisms that already exist in Corda.”
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.
R3 is working with its global network to develop on Corda, its blockchain platform designed specifically for businesses. Corda is already being used in industries from financial services to healthcare, shipping, insurance and more.
R3’s global team of over 180 professionals in 13 countries is supported
by over 2,000 technology, financial, and legal experts drawn from its
global member base. R3 is backed by investment of over
Corda is the outcome of over two years of intense research and development by R3 and its members and meets the highest standards of the financial industry, yet is applicable to any commercial scenario. It records, manages and executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce. Learn more at www.r3.com.
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