The blockchain insurance initiative has announced it will build its applications and business network on the Corda blockchain platform
B3i has announced that it has chosen to build its applications and business network on the Corda blockchain platform.
B3i Services AG completed a detailed review of the available open source blockchain technologies against the B3i enterprise platform strategy, focusing on data privacy, scalability, interoperability and developer productivity.
Following the review, B3i felt the Corda platform offers the best blockchain solution available, providing a solid foundation for B3i to efficiently deliver business value to its clients.
Markus Tradt, chief technology officer at B3i, said: “The Corda platform offers the optimal solution in the market to deliver the B3i roadmap and our industrywide insurance blockchain ecosystem. We are very excited to continue our work with the Corda team.”
Richard Gendal Brown, chief technology officer 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.”