By Staff Writer
Kerala Blockchain Academy (KBA), a state government initiative under the Indian Institute of Information Technology and Management – Kerala (IIITM-K), has been chosen as a general partner of R3, a New York-based enterprise blockchain platform and technology firm enabling blockchain solutions in the financial sector, reports the Economic Times.
KBA is the first government institution in India to offer a developer programme on corda blockchain. It has also designed a developer certification programme meant for banking and technology professionals on corda blockchain, which will be rolled out from September.
In fact, many banks in Kerala have already started using corda blockchain-based solutions, according to the same report.
R3 which has partnered with Kerala (IIITM-K) leads an ecosystem of more than 300 organizations working together to develop distributed applications for usages in industries such as financial services and insurance.
With many live apps in production, and hundreds of firms and thousands of technologists engaged as part of the R3 community to solve a multitude of problems across various industries, development of corda is taking place.
The R3’s corda blockchain is getting a lot of attention from banks and other financial institutions across the globe.