By cryptos.com on Skatehive
Netherlands’ largest bank ING hits the crypto news sphere again, this time offering a privacy-oriented solution for R3’s Corda blockchain. The orange bank is not a newcomer to blockchain and has previously used R3’s distributed ledger to transfer funds in an encrypted fashion, demonstrating not only the possibilities blockchain has to offer but also the commitment of the bank to maintain a top-shelf position as a fintech provider. While most wealth managers are still skeptic about DLTs, ING has been one of the most innovative players in the sphere, implementing blockchain technology to the core of its services and internal operations. Corda is a private ledger developed by R3, an enterprise-level blockchain provider company that could be only compared to IBM and Hyperledger when it comes to strategy and organization in the sphere. While we all get fancy with Bitcoin and Ethereum, R3 has been quietly working behind the CoinMarketCap curtain with organizations such as the Bank of America