Corda

DCHFA Finances the Redevelopment of Sursum Corda in NoMa (updated)

Retrieved on: 
Tuesday, December 15, 2020

On December 10th DCHFA issued $23 million in tax-exempt bond financing and underwrote $15.7 million in four percent low income housing tax credits (LIHTC) for the redevelopment of Sursum Corda.

Key Points: 
  • On December 10th DCHFA issued $23 million in tax-exempt bond financing and underwrote $15.7 million in four percent low income housing tax credits (LIHTC) for the redevelopment of Sursum Corda.
  • The redevelopment of Sursum Corda will provide its returning and new residents with a new community at price points within their income range in a neighborhood that has seen a flurry of development activity all around the Sursum Corda area, stated Christopher E. Donald, Interim Executive Director, DCHFA.
  • Sursum Corda is the second development funded by DCHFA in NoMa this year.
  • The south parcel of the project will consist of 122 units reserved for returning Sursum Corda residents.

DCHFA Finances the Redevelopment of Sursum Corda in NoMa

Retrieved on: 
Tuesday, December 15, 2020

On December 10th DCHFA issued $23 million in tax-exempt bond financing and underwrote $15.7 million in four percent low income housing tax credits (LIHTC) for the redevelopment of Sursum Corda.

Key Points: 
  • On December 10th DCHFA issued $23 million in tax-exempt bond financing and underwrote $15.7 million in four percent low income housing tax credits (LIHTC) for the redevelopment of Sursum Corda.
  • The redevelopment of Sursum Corda will provide its returning and new residents with a new community at price points within their income range in a neighborhood that has seen a flurry of development activity all around the Sursum Corda section, stated Christopher E. Donald, Interim Executive Director, DCHFA.
  • Sursum Corda is the second development funded by DCHFA in NoMa this year.
  • The south parcel of the project will consist of 122 units reserved for returning Sursum Corda residents.

GFT partners with Digital Asset to resell DAML for Corda globally

Retrieved on: 
Tuesday, October 20, 2020

GFT is one of a select number of resellers providing DAML for Corda enterprise support globally with the service from GFT being available immediately.

Key Points: 
  • GFT is one of a select number of resellers providing DAML for Corda enterprise support globally with the service from GFT being available immediately.
  • Using DAML for Corda users can quickly and efficiently write CordApps in DAML, while realising significant cost savings and a faster time to market.
  • Yuval Rooz, CEO & Co-founder at Digital Asset commented; "GFT brings many years of unique experience in building Corda networks and DAML driven applications.
  • *A product that allows firms to integrate DAML smart contracts language with a Corda open source or Corda Enterprise DLT network.

IntellectEU Unlocks the Power of DAML on Corda

Retrieved on: 
Monday, July 27, 2020

NEW YORK, July 27, 2020 /PRNewswire-PRWeb/ -- IntellectEU today announced the commercial availability of DAML on Corda, together with full customer support and services for running DAML applications on Corda Open Source and R3's Corda Enterprise.

Key Points: 
  • NEW YORK, July 27, 2020 /PRNewswire-PRWeb/ -- IntellectEU today announced the commercial availability of DAML on Corda, together with full customer support and services for running DAML applications on Corda Open Source and R3's Corda Enterprise.
  • With this partnership, IntellectEU becomes the first systems integrator to support this multi-platform language on Corda.
  • "This new offering brings the power, flexibility, and time to market advantages of DAML to the widely-adopted Corda platform, allowing our clients to deploy fully-supported solutions to production on both Corda Enterprise and Corda Open Source.
  • We look forward to working with IntellectEU as we grow the DAML community on Corda."

Trustology is First Cryptoasset Custody Wallet Provider to Join Corda Network With LAB577's DASL

Retrieved on: 
Thursday, May 21, 2020

This partnership allows Trustology to join the Corda Network, making the company the first cryptoassetcustody wallet provider on the network.

Key Points: 
  • This partnership allows Trustology to join the Corda Network, making the company the first cryptoassetcustody wallet provider on the network.
  • Using the open DASL solution on the Corda network, Trustology will be able to support fulfilling its mission to accelerate the crypto economy worldwide.
  • "LAB577 is delighted to partner with Trustology and bring them onto the Corda network using DASL.
  • As the first cryptoassetcustody wallet provider on the Corda network, Trustology will be working on delivering a host of new benefits to clients.

HDBank joins Contour Network to improve Letter of Credit issuance

Retrieved on: 
Wednesday, May 6, 2020

This addition to Contour's blockchain-based network further strengthens its offering to the trade finance industry.

Key Points: 
  • This addition to Contour's blockchain-based network further strengthens its offering to the trade finance industry.
  • HDBank is the latest financial institution to join Contour and marks the first bank in Vietnam to be part of the Contour's trade finance network.
  • Built on R3's Corda, Contour's network is focused on overhauling the Letter of Credit (LC) issuance process.
  • That is the ultimate aim of Contour, and it's something we're continuing to see as we welcome HDBank into the network."

Twenty-eight Organisations Including Eighteen Banks, Three Securities Exchanges, and Other Large Institutions Participate in the Ivno Global Tokenised Collateral Trial

Retrieved on: 
Thursday, October 17, 2019

The Ivno Corda Trial was a world first with 28 participating organisations creating $18bn denominated Trial Tokens and transferred them in the Ivno network demonstrating how instantly mobile collateral tokens could be used for instant settlement, collateral management and effective cash transfer.

Key Points: 
  • The Ivno Corda Trial was a world first with 28 participating organisations creating $18bn denominated Trial Tokens and transferred them in the Ivno network demonstrating how instantly mobile collateral tokens could be used for instant settlement, collateral management and effective cash transfer.
  • In a live demonstration of the Ivno Corda Application trial collateral tokens were moved instantly between by nodes deployed Raiffeisen Bank International, Natixis and a large UK bank.
  • The existing financial plumbing and post trade processes are well recognised to be slow, inefficient, costly and outdated.
  • "The size, scale and success of the Ivno Global Trial validated Ivno's technology and financial design and confirmed the desire and demand for live deployment.

Twenty-eight Organisations Including Eighteen Banks, Three Securities Exchanges, and Other Large Institutions Participate in the Ivno Global Tokenised Collateral Trial

Retrieved on: 
Thursday, October 17, 2019

The Ivno Corda Trial was a world first with 28 participating organisations creating $18bn denominated Trial Tokens and transferred them in the Ivno network demonstrating how instantly mobile collateral tokens could be used for instant settlement, collateral management and effective cash transfer.

Key Points: 
  • The Ivno Corda Trial was a world first with 28 participating organisations creating $18bn denominated Trial Tokens and transferred them in the Ivno network demonstrating how instantly mobile collateral tokens could be used for instant settlement, collateral management and effective cash transfer.
  • In a live demonstration of the Ivno Corda Application trial collateral tokens were moved instantly between by nodes deployed Raiffeisen Bank International, Natixis and a large UK bank.
  • The existing financial plumbing and post trade processes are well recognised to be slow, inefficient, costly and outdated.
  • "The size, scale and success of the Ivno Global Trial validated Ivno's technology and financial design and confirmed the desire and demand for live deployment.

Twenty-eight Organisations Including Eighteen Banks, Three Securities Exchanges, and Other Large Institutions Participate in the Ivno Global Tokenised Collateral Trial

Retrieved on: 
Thursday, October 17, 2019

The Ivno Corda Trial was a world first with 28 participating organisations creating $18bn denominated Trial Tokens and transferred them in the Ivno network demonstrating how instantly mobile collateral tokens could be used for instant settlement, collateral management and effective cash transfer.

Key Points: 
  • The Ivno Corda Trial was a world first with 28 participating organisations creating $18bn denominated Trial Tokens and transferred them in the Ivno network demonstrating how instantly mobile collateral tokens could be used for instant settlement, collateral management and effective cash transfer.
  • In a live demonstration of the Ivno Corda Application trial collateral tokens were moved instantly between by nodes deployed Raiffeisen Bank International, Natixis and a large UK bank.
  • The existing financial plumbing and post trade processes are well recognised to be slow, inefficient, costly and outdated.
  • "The size, scale and success of the Ivno Global Trial validated Ivno's technology and financial design and confirmed the desire and demand for live deployment.

Twenty-eight Organisations Including Eighteen Banks, Three Securities Exchanges, and Other Large Institutions Participate in the Invo Global Tokenised Collateral Trial

Retrieved on: 
Wednesday, October 16, 2019

In a live demonstration of the Ivno Corda Application trial collateral tokens were moved instantly between by nodes deployed Raiffeisen Bank International, Natixis and a large UK bank.

Key Points: 
  • In a live demonstration of the Ivno Corda Application trial collateral tokens were moved instantly between by nodes deployed Raiffeisen Bank International, Natixis and a large UK bank.
  • The existing financial plumbing and post trade processes are well recognised to be slow, inefficient, costly and outdated.
  • Ivno's approach of providing a universal and scalable solution is designed to significantly reduce costs, remove inefficiencies and create new business opportunities across the financial landscape.
  • "The size, scale and success of the Ivno Global Trial validated Ivno's technology and financial design and confirmed the desire and demand for live deployment.