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R3 Corda Now Has a Bridge to Public Blockchains With Arrival of Ethereum-Based XDC

Words by CoinDesk

Avg. 1 Min read

Enterprise software company R3’s Corda network, backed by many of the world’s largest banks, is following the general trend toward public-facing blockchains. 

Announced Tuesday, a group of former RBS bankers, now known as LAB577, is bridging the way for eXchange inFinite (XinFin), a blockchain focused on the trade finance space. Its native token, the Ethereum-compatible XDC, will be used as a settlement coin inside Corda.

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