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Industry news

B3i selects Corda blockchain platform


18 June 2018 New York
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
B3i, the blockchain insurance industry firm, is to build its applications and business network on the Corda blockchain platform.

B3i Services AG completed a review of the available open source blockchain technologies against the B3i enterprise platform strategy, focusing on data privacy, scalability, interoperability and developer productivity.

According to B3i, the Corda platform offers the best blockchain solution available, providing a solid foundation for B3i to efficiently deliver business value to its clients.

Corda enables full integration of Corda nodes in the professional and compliant IT environments that are used by B3i’s clients.

Markus Tradt, CTO at B3i, said: “The Corda platform offers the optimal solution in the market to deliver the B3i roadmap and our industry wide insurance blockchain ecosystem. We are very excited to continue our work with the Corda team.”

Richard Gendal Brown, CTO at R3, commented: “We are delighted that B3i has selected Corda as its preferred platform and our engineering team is looking forward to working closely with the excellent team at B3i to bring their innovative solutions to market.”
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