Blockchain: KBA becomes general partner of R3 corda

KOCHI: Kerala Blockchain Academy (KBA), a state government initiative under the Indian Institute of Information Technology and Management – Kerala (IIITM-K), has been chosen as a general partner of R3, a New York-based enterprise blockchain platform and technology firm enabling blockchain solutions in the financial sector.

KBA has already designed a developer certification programme on corda blockchain and it will be rolled out from September, this year. This programme is meant for banking and technology professionals and includes training on Corda App development.

Apart from offering in-person classroom training on various blockchain technologies such as ethereum and hyperledger, KBA is the first government institution in the country to offer a developer programme on corda blockchain.

Many banks in Kerala have already started implementing corda blockchain-based solutions for their core banking systems.

R3 consortium leads an ecosystem of more than 300 organizations working together to develop distributed applications for usages in industries such as financial services and insurance.

Most of the banks and other financial institutions across the globe are now focusing on building solutions using R3’s corda blockchain. Development on corda and corda enterprise is happening now, with many live apps in production, and hundreds of firms and thousands of technologists engaged as part of the R3 community to solve a multitude of problems across various industries.

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