R3 May Launch Separate Blockchain For DeFi Apps – Bits Media

Consortium R3, Corda platform developer, considering launching a separate network, designed specifically for DeFi applications, as well as your own token.

At the CordaCon conference 2021 R3 spokesperson told, what is being developed now proof of concept (PoC). It should be an open and decentralized platform with privacy features and a dedicated token. The project is currently under the working title Obscuro.

«R3 работает над вопросом как объединить традиционную финансовую систему и DeFi, because we have a unique position for this. We believe, that both systems will merge and become one, a hybrid world ", - emphasized the representative of R3.

Technical preparations must be completed in 2022 year, however, it is not yet clear whether the full launch of the new platform will take place.. According to an R3 spokesperson, now a lot depends on the regulators, as there are many "unresolved issues", to which you need to get an answer before launching.

“All our steps are taking place in accordance with the regulators, but now we want to go ahead, at least from a technological point of view, so that when the situation with the requirements of regulators becomes clear, we already had a lot ready ", - noted the representative of R3.

At the end of last year it was reported, what 15% корпоративных систем на блокчейне построены на базе платформы R3 Corda. The market leader is the IBM Hyperledger platform, where they work 48% such systems.