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Bitcoin is a technology that launched a thousand ships. In one direction, hundreds of permissionless cryptoassets and networks. In the other, permissioned networks being developed by enterprises and governments to upgrade and iterate on existing systems and institutions. R3’s Corda is an open-source protocol that falls in the latter category.
In this conversation, R3 CTO Richard Brown gives an overview of the current enterprise blockchain environment, including his thoughts on Central Bank Digital Currencies being explored by every Central Bank from Europe to Thailand. Richard provides insight into how applications are being built on Corda to fix broken processes within trillion dollar loan markets and how Swiss exchange SIX Digital is attempting to fundamentally change the way its markets work. Lastly, he details some of the challenges Central Banks are grappling with when deciding how to roll out CBDCs to general populations.