Infosys, R3 Partner to Integrate Corda with Finacle Blockchain Solutions

India-based business consulting and IT services firm Infosys partnered with New York-based distributed ledger technology (DLT) provider R3 through its digital banking arm Infosys Finance, which is part its wholly owned subsidiary EdgeVerve Systems Limited. The two parties will collaborate to allow partner banks to integrate R3’s open-source blockchain platform Corda with Finacle’s blockchain solutions.

For the beginning, Finacle will have two of its services integrating Corda – Finacle Trade Connect and Finacle Payments Connect. The former is a blockchain-powered trade finance platform aimed at banks, companies, and trade partners, which can connect through a unified DLT network. The solution supports a wide range of trade and supply chain functions, including Open Account, Invoice Financing, Letter of Credit, …

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