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Ledger Insights Blockchain For Enterprise

R3 Corda Network to Embrace DeFi with XDC Digital Currency

Frictionless Exchange and Tokenization

R3's Corda Network, a modern cloud-based DLT platform trusted by global financial leaders, is poised to venture into the world of decentralized finance (DeFi) through the integration of the XDC digital currency. This will allow counterparties to seamlessly exchange data, digital assets, and smart contracts, enabling the tokenization and fractionalization of digital assets and currencies to unlock new liquidity sources.

Collaboration and Growth

R3, backed by major global banks, is aligning with the industry's shift towards publicly accessible blockchains. The addition of XDC to the Corda Network will enhance its capabilities for growth and handling large transaction volumes. This integration underscores the network's commitment to innovation and its role in shaping the future of financial transactions.

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