VALK offers Corda blockchain platform through BT Radianz

VALK offers Corda blockchain platform through BT Radianz

Blockchain
June 3, 2020 Editor's Desk
363
Technology provider VALK has entered the BT Radianz Cloud, one of the world’s biggest secure cloud communities for the global financial markets. The move enables VALK to elongate the availability of its Corda based distributed ledger technology network to Radianz community members, allowing them to access the Corda blockchain network and to leverage a broad
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Technology provider VALK has entered the BT Radianz Cloud, one of the world’s biggest secure cloud communities for the global financial markets. The move enables VALK to elongate the availability of its Corda based distributed ledger technology network to Radianz community members, allowing them to access the Corda blockchain network and to leverage a broad range of extra applications underpinning this open-source blockchain platform.

VALK is the first Corda blockchain provider to enter the Radianz Cloud, which provides brokers,  exchanges, institutions, clearing, and settlement houses to ensure access to thousands of applications from hundreds of specialist applications and service providers crucial to the work of global financial markets.

VALK founders Antoine Loth and Elie Azzi said in a statement: “We are delighted to join the BT Radianz Cloud to deliver the first Corda-based application to integrate with its infrastructure. It enables us to offer our services directly to a large number of institutional clients via a secure private network.”

Michael Woodman, Managing Director, Radianz, BT, said in a statement: “DLT (distributed ledger technology) has seen a significant surge in interest among our clients, with an increasing number of firms leveraging it for real-life applications or R&D activities. Enabling access to Corda blockchain nodes via VALK’s platform will create new opportunities for our institutional clients to capitalize on the significant potential DLT presents.” The VALK solution is accessible to Radianz community members now.

VALK is a white label technological solution that digitizes the issuance and investment processes of unlisted company shares. The company’s white-label solution created on Corda automates all tasks that are carried out manually by financial institutions purchasing unlisted shares. VALK’s solution is targeted at established and regulated financial institutions (asset managers, fund managers, and investment banks). VALK provides for instant settlement on-chain, investing, and trading in a secure, compliant, and robust environment, and interoperability and connectivity with the world’s biggest banking distributed ledger technology ecosystem.

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